Announcement from the Capital Market Authority regarding the approval of the public offering of the exchange-traded fund "Al Rajhi MSCI Saudi Equity ETF".
The Capital Market Authority announces the issuance of its decision approving Al Rajhi Financial Company’s request to offer units of the “Al Rajhi MSCI Saudi Equity ETF” on the market as units of an exchange-traded index fund whose units are offered to the public.
The terms and conditions of the "Al Rajhi MSCI Saudi Equity ETF" can be obtained from the fund manager's website and the Capital Market Authority's website, which contain the information and data that an investor needs to review before making an investment decision.
Investing without reviewing and understanding the terms and conditions may involve high risks. Therefore, investors should carefully review the terms and conditions, which contain detailed information about the fund's objectives, strategy, and risk factors, to assess the suitability of investing in the fund given the associated risks. If the terms and conditions are unclear, it is advisable to consult a licensed financial advisor.
The Authority’s approval of the offering of units of the “Al Rajhi MSCI Saudi Equity ETF” in the market as units of an exchange-traded index investment fund should not be seen as an endorsement of the feasibility of investing in it, as the Authority’s decision to approve means that the regulatory requirements have been complied with according to the Capital Market Law and its implementing regulations.
