Tuesday, 02 January 2024 12:17 GMT

NCB Capital launches AlAhli Freestyle Saudi Equity Fund


(MENAFN- Arab News) NCB Capital the region's major wealth manager and the Kingdom's 'largest asset manager' has launched the AlAhli Freestyle Saudi Equity Fund.

The open-ended Shariah-compliant fund aims to achieve superior growth in capital through a more concentrated investment approach. It is stated to be most suitable for investors that are seeking higher returns without the constraints of a benchmark and are comfortable accepting higher volatility over the short term.

'The selective investment approach is one that allows managers flexibility to focus heavily on companies with the greatest growth opportunities' explained Sarah Jammaz Al-Suhaimi CEO of NCB Capital. 'Our research team will play a key role in identifying undervalued companies with superior earnings growth potential.'

The AlAhli Freestyle Saudi Equity Fund is managed through a selective investment approach without restrictions on the index sector weighting enabling managers to concentrate on the best investment opportunities in the stock market.

NCB Capital is internationally recognized for its track record in both investing and in delivering high quality client service by leading authorities including Euromoney EMEA Finance and Lipper International.



Arab News

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