CMA Announcement Regarding Approval of Public Offering of “Kamco Flexible Saudi Equity Fund (Compliant with Shariah Standards)”
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The Capital Market Authority announces the issuance of its decision approving Kamco Investment Company to offer units of Kamco Flexible Saudi Equity Fund (Compliant with Sharia Standards) in a public offering.
The decision to invest without reviewing the terms and conditions of the fund and studying their content may involve high risks. Therefore, the investor must review the terms and conditions of the fund, which contain detailed information about the fund, investment strategy and risk factors, and study them carefully to be able to assess the feasibility of the investment or not in light of the associated risks. If it is not possible to understand the content of the terms and conditions, it is preferable to refer to the fund manager for more information.
The Authority’s approval of the Fund’s offering should not be viewed as an endorsement of the feasibility of investing in the Fund, as the Authority’s decision to approve the offering means that the regulatory requirements have been complied with in accordance with the Capital Market Law and its implementing regulations.