Yaqeen Capital Asset Management Department strives to assist our clients realize their investment goals through a Sharia complaint innovative and customized investment solutions across a wide range of asset classes, managed by our specialized investment teams.
Financial markets are dynamic, but sound investment philosophy remain timeless and is the cornerstone of investment success. Investment management and strategies, nevertheless, need to be flexible to adapt to the ever-changing market conditions.
At Yaqeen Asset Management, fundamentals are the heart of our investment philosophy. We believe that adhering to a discipline investment process, a fundamental-based research, assure consistent and superior results.
The philosophy uses a blended investment approach, which combines top-down analysis and bottom-up analysis to come up with investment recommendations with a solid verdict. We spend more time on bottom-up analysis to build more conviction about investment ideas. Statistical analysis through various quantitative strategies and technical analysis on price actions and volume shed important lights on timing, selection, risk management and position sizing.
Last Unit's Price | Change/Yield (YTD) | Total NAV | Valuation Date |
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Yaqeen Gold Fund T&C - published 10/11/2024
Fund name | Yaqeen Gold Fund |
Fund Type | Open Ended Fund |
Risk level | High |
Fund's investment objectives | The fund is compliant with Sharia standard and it invests passively in the commodity of gold, as it seeks to achieve long-term capital growth and gains by simulating the performance of the USD/XAU gold commodity currency index (spot contracts for gold in US dollars) |
Investment strategy | It is an open public investment fund compliant with Sharia standards. It invests passively in the commodity of gold, as it seeks to achieve long-term capital growth and gains by simulating the performance of the USD/XAU gold commodity currency index (spot contracts for gold in US dollars) before fees and expenses. No profits are distributed to the unitholders. Instead, all realized profits are reinvested in the same fund. All fund investments are outside the Kingdom of Saudi Arabia. The fund may invest up to 10% of the fund’s total assets in gold commodity funds (Sharia-Compliant Fund) that are publicly offered and licensed by a regulator that has similar regulatory standards and requirements to the Capital Market Authority. To provide liquidity, the fund maintains cash liquidity that may reach 10% of the total assets of the fund as a maximum. The fund may also invest up to 10% as a maximum in money market instruments funds (Sharia-Compliant Fund) that are publicly offered and licensed by a regulator with standards and regulatory requirements similar to the Capital Market Authority. |
Inception of fund | 4/8/2020 12:00:00 AM |
Fund currency | US Dollar |
Fund category | Investment Gold Fund |
Fund sub-category | Shari’ah Compliant |
Benchmark index | USD/XAU gold commodity currency index |
Inception price | 1 dollar |
Subscription fees | 0% |
Management fees | 0.50% of the net asset value per annum |
Valuation days | Twice a week, (Tuesday and Thursday) |
Dealing days | Twice a week, (Tuesday and Thursday) |
Report | English | Arabic |
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3rd Quarter - 2024 | Download | Download |
2nd Quarter - 2024 | Download | Download |
1st Quarter - 2024 | Download | Download |
Annual Report - 2023 | Download | Download |
4th Quarter - 2023 | Download | Download |
3rd Quarter - 2023 | Download | Download |
2nd Quarter - 2023 | Download | Download |
1st Quarter - 2023 | Download | Download |
Annual Report - 2022 | Download | Download |
4th Quarter - 2022 | Download | Download |
3rd Quarter - 2022 | Download | Download |
2nd Quarter - 2022 | Download | Download |
1st Quarter - 2022 | Download | Download |
Annual Report - 2021 | Download | Download |
Semi-annual Report - 2021 | Download | Download |
3rd Quarter - 2021 | Download | Download |
2nd Quarter - 2021 | Download | Download |
1st Quarter - 2021 | Download | Download |
Annual Report - 2020 | Download | Download |
Semi-annual Report - 2020 | Download | |
Semi-annual Report - 2020 | Download | Download |
4th Quarter - 2020 | Download | Download |
3rd Quarter - 2020 | Download | Download |
2nd Quarter - 2020 | Download |
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