› › › › › › › وأرمث، أرزلا تاراميثسلاو، لاما لاملا أرلكس [Mtdx Rotella salsa. لخدلة أو لخدلة الرمثية. شكرا لدعمكم. إجمالي العائد السنوي للصندوق لآخر 10 سنوات: :$ إجمالي تونس 20 11.
يتكون مجلس الإدارة من الأعضاء التاليين، الذين يعينهم مدير الصندوق وتوافق عليهم هيئة السوق المالية. ه <لاملا (ج Ḍḥḥṭṭ>ههههههههههههههه دوداد نباك %% باتسا (*كراشيم لا) تم فحص جمجمة باتالا وصحة جي من قبل أ قام الصندوق بتوزيع مبلغ 0.0476 ريال سعودي لكل وحدة خلال العام.
يقر مدير الصندوق بأن مسؤولية البنك الحافظ الأمين لا تشمل التأكد من التزام مدير الصندوق بمحتوى الأقسام الفرعية (أ، ب، ج) في القسم (د-3) من الملحق رقم 5 لنظام صناديق الاستثمار "IFR". تونمل تا<لوسمال ناو كونسولا ريدم الرقة>عرفلة طارق لا (* إنه عار. لم يكن ليتمكن من التحدث إلينا لو مثل أمامه.) قُتلت عمة قاماملا على يد قاماملا لام. ليس هناك معارضة له، لكنه ليس كذلك! رامثاسلا جودنيسلا.
The Fund was created according to Article 30 of the Investment Fund Regulations ("Regulations") issued by the Capital Market Authority ("CMA").
BASIS OF ACCOUNTING
AlAhli Multi-Asset Growth Fund (the "Fund") is a Shariah-compliant, open-end investment fund managed by NCB Capital Company (the "Fund Manager"), a subsidiary of The National Commercial Bank (the "Bank"), for the benefit of the Fund's Unitholders . The fund's objective is to achieve capital growth over the medium to long term with a focus on protecting capital by investing in a diversified portfolio of asset classes. The terms and conditions of the fund were initially approved by the Saudi Central Bank (SAMA) and subsequently approved by the CMA through their letter dated 16 December 2008.
The Fund is governed by the Regulations issued by the CMA in accordance with resolution number dated 3 Dhul Hijja 1427H (corresponding to 24 December 2006), as amended by Resolution No. 1/61/2016 of the Board of Directors of the CMA dated 16 Sha'ban 1437H (corresponding to May 23, 2016), which set detailed requirements for all funds within the Kingdom of Saudi Arabia.
BASIS OF MEASUREMENT
FUNCTIONAL AND PRESENTATION CURRENCY
CHANGES IN FUND’S TERMS AND CONDITIONS
CRITICAL ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS
The principal accounting policies used in the preparation of these financial statements are set out below. A receivable without a significant financing component is initially measured at transaction price (which is equivalent to fair value) and then at amortized cost using the effective fee method. The allowance for receivables is always measured in an amount equal to expected credit losses over the entire lifetime.
Upon initial recognition, a financial asset is measured at its fair value and classified at amortized cost, fair value through other comprehensive income (FVOCI) or fair value through profit or loss (FVTPL). ). A financial asset is only measured at FVOCI if it meets both of the following conditions and is not designated as at FVTPL. Upon initial recognition of an equity investment not held for trading purposes, the Fund Manager may irrevocably elect to present subsequent changes in fair value in the OCI.
All financial assets that are not classified as measured at amortized cost or FVOCI are measured at FVTPL. The fund manager assesses the purpose of a business model where an asset is held at portfolio level because this best reflects the way the business is managed and the information provided to management. However, information on sales activity is not considered in isolation, but as part of an overall assessment of how the fund's stated objective for managing the financial assets is achieved and how cash flows are realised.
If cash flows after initial recognition are realized in a way that differs from the original expectations of the fund, the fund does not change the classification of the remaining financial assets in this business model, but includes such information when evaluating newly purchased financial assets in the future. . Financial assets that are held for trading and whose performance is evaluated on the basis of fair value are measured at FVTPL because they are neither held for the collection of contractual cash flows nor for the collection of contractual cash flows and for the sale of financial assets. For the purposes of this assessment, 'principal' is defined as the fair value of the financial asset at initial recognition.
Interest or 'fee' is defined as compensation for the time value of money and credit risk associated with the principal amount outstanding over a period of time, as well as for other underlying lending risks and costs (such as liquidity risk and administrative costs). , as well as the profit margin. When assessing whether the contractual cash flows are merely principal and commission payments, the fund takes into account the contractual terms of the instrument. This includes assessing whether the financial asset contains a contractual term that could change the timing or amount of the contractual cash flows so that it would not satisfy the term.
SIGNIFICANT ACCOUNTING POLICIES (continued) 3 Financial assets and liabilities (continued)
When the financial asset is derecognised, the difference between the carrying amount of the asset (or the carrying amount allocated to the part of the asset that is no longer recognized in the balance sheet) and the consideration received (including any new asset acquired) minus any new obligation). in the overview of the total result. Any commission on such transferred financial assets created or retained by the Fund will be recognized as a separate asset or liability. The Fund enters into transactions in which it transfers assets included in its statement of financial position but retains all or substantially all of the risks and rewards of the transferred assets or a portion thereof.
If all or substantially all of the risks and rewards are retained, the recognition of the transferred assets is not eliminated. The Fund derecognizes a financial liability when its contractual obligations are fulfilled or canceled or expire. Financial assets and financial liabilities are offset and the net amount presented in the statement of financial position when and only when the fund has a legally enforceable right to set off the amounts and intends to either settle them on a net basis or cash the asset and simultaneously settle their liability.
Income and expenses are presented on a net basis for gains and losses from financial instruments to FVTPL and exchange rate gains and losses. A provision is recognized when the fund has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources comprising economic benefits will be required to settle the obligation, and a reliable estimate of the amount can be made. . The fund is open for subscription and redemption of units on every Saudi Arabian business day.
The equity per share is calculated by dividing the equity included in the balance sheet attributable to the unit holders by the number of outstanding shares at the end of the year. Distribution to the Unitholders is deducted from the net assets (equity) that can be attributed to the Unitholders.
SIGNIFICANT ACCOUNTING POLICIES (continued) 7 Units in issue
SIGNIFICANT ACCOUNTING POLICIES (continued) 11 Special commission income and expense
SIGNIFICANT ACCOUNTING POLICIES (continued) 14 Standards issued but not yet effective
CASH AND CASH EQUIVALENTS
RECONCILIATION OF CHANGE IN EQUITY
RELATED PARTY TRANSACTIONS AND BALANCES
The Fund's activities expose it to a variety of financial risks, including market risk, credit risk, liquidity risk and operational risk. The Fund Board supervises the Fund Manager and is ultimately responsible for the overall management of the Fund. Monitoring and control of risks is primarily set up to be carried out based on the limits set by the Fund Board.
The Fund has a terms and conditions document setting out its general business strategies, risk tolerance and overall risk management philosophy and is required to take action to rebalance the portfolio in accordance with the investment guidelines. Market risk is the risk that changes in market prices – such as commission rates, exchange rates, stock prices and credit spreads – will affect the Fund's income or the fair value of its positions in financial instruments. a) Exchange rate risk. Currency risk is the risk that the value of future cash flows of a financial instrument will fluctuate due to changes in exchange rates and arises from financial instruments denominated in foreign currencies.
Price risk is the risk that the value of the Fund's financial instruments will fluctuate as a result of changes in market prices caused by factors other than foreign exchange and commission rate movements. The price risk arises mainly from uncertainty about the future prices of financial instruments held by the Fund. From the date of the statement of financial position, the Fund has investments in mutual funds.
The Fund is exposed to credit risk, which is the risk that one party to a financial instrument will cause financial loss to the other party by failing to meet an obligation. The fund is exposed to credit risk on its investment measured at amortized cost, dividend receivables and bank balance. The Fund seeks to limit its credit risk by monitoring credit exposures, limiting transactions with particular parties and continuously evaluating the creditworthiness of counterparties. a) General Approach according to Expected Credit Loss (ECL).
The Fund recognizes impairment losses for ECL on financial assets that are debt instruments that are not measured under FVTPL. The Fund considers a debt security to have low credit risk if its credit risk rating is equivalent to the globally understood definition of "investment grade". The Fund also considers forward-looking information in its assessment of significant deterioration in credit risk since the inception and measurement of ECL.
Lifetime
Lifetime
LAST VALUATION DAY
APPROVAL OF THE FINANCIAL STATEMENTS
