FALCOM Petrochemical ETF aims to provide investors with long term capital appreciation and growth. The Fund passively invests in the listed Saudi equities of the Petrochemical sector.
The Fund invests at least 95% of its assets in equities from the petrochemical sector that are Shariah-compliant, listed and traded on the Tadawul in the Kingdom of Saudi Arabia. The Fund will passively invest in the components of FSPI Falcom Saudi Petrochemical Index and the Benchmark Index.
|Date Established||Jun 23, 2010|
|Paid-up Capital (SAR)||25,000,000|
|Shares Per Value||20|
Prince Mohammed Bin, Abdulaziz Road(Tahilyah), P. O. Box 884, Riyadh 11421, Kingdom of Saudi Arabia.
+966 1 2114717
+966 1 2054819
FALCOM Petrochemical ETF was established in pursuant to the Capital Market Authority approval dated 23/06/2010 and was launched on TADAWUL on Sunday 10/07/2010 as the second issue in the sector of the Index Traded Funds in the Kingdom.
|Mr. Adeeb A. Al-Sowailim||Chairman|
|Mr. Saleh Abdullah Al-Henaki||Board of Directors|
|Mr. Atta H. Al-Bayouk||Board of Directors|
|Mr. Fahad S. Al-Musabahi||Board of Directors|