Al-Arabi Saudi Equity Fund was named “Top Performing Fund Over 3 Years (TIER 1)” in Saudi Arabia, after achieving the highest return on investment market-wide during the period of assessment.
The Fund achieved the highest return among all funds investing in Saudi equity (TIER 1 -- with AUM of SAR 100 mln or above). Realizing 26.2 percent return on investment.
The Fund was granted the honor by the panel of Argaam Recognition Award (ARA) based on its factual performance during the period of assessment.
Argaam Recognition Award is a formal recognition of professional performance, aimed to incentivize financial firms, fund managers and IPO managers to pursue the highest performance indicators (KPIs) and industry best practices.