FALCOM Saudi Equity ETF aims to provide investors with long-term capital appreciation and growth. The Fund invests at least 95% of its assets in equity securities of companies that are Shariah-compliant, listed and traded on Tadawul in the Kingdom of Saudi Arabia.
The Fund will passively invest in the components of F30 Falcom Saudi Equity Index, the Benchmark Index. Falcom Financial Services is the Fund Manager for the Fund, which is a Saudi Closed Shareholding Company incorporated under the Ministry of Commerce & Industry decree number 3488 dated 20/11/1427 AH. Falcom Financial Services is a Juridical Person licensed by the Capital Market Authority under license number 37-060 -20 dated. 29/04/1427 and complies with the terms of the Licensed Persons Regulations issued by the CMA.
|Date Established||Mar 16, 2010|
|Paid-up Capital (SAR)||50,000,000|
|Shares Per Value||20|
P. O. Box 884, Riyadh 11421, Kingdom of Saudi Arabia.
+966 11279 6100
+966 11461 5216
Falcom Saudi Equity ETF is an exchange traded mutual investment fund created through an agency contract between Falcom Financial Services and the investors established by virtue of the approval of Capital Market Authority on 30 Rabi Al-Awwal 1431H corresponding to 16th March 2010.
|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|