The fund manager has the right to invest up to 10% of the fund's NAV in Shariah-compliant REITs. The fund distributes semi-annual cash gains in the amount of 2.5% of the fund's net asset value (NAV). ﻞJﺎﻘﻣ ﻥﻭﺪ`ﻭ ﺐﻠﻄﻟﺍ ﺪﻨﻋ ﻕﻭﺪﻨﺼﻟﺍ ﺮﺭﺎﻘﺗ ﺡﺎﺘﺗ (4 . 5) Reference value of the fund and website of the service provider (if any).
Fund board roles and responsibilities. Ensuring that the fund manager performs its duties in the best interest of the unitholders, in accordance with the IFRs and the Terms and Conditions of the Fund. Keeping minutes of meetings that provide all discussions and facts of meetings and decisions made by the board of directors of the fund.
تم لجم القنصلين ووضعهما على الرأس. <=بهال الاسرار ارعات. يتكون مجلس الصندوق من بعض موظفي الصندوق. وقد تفوق أداء الصندوق على المؤشر القياسي بمقدار 1809 نقطة أساس. لقد توقفت.
Any other information that would enable unitholders to make an informed judgment about the fund’s
البنك الوطني السعودي صندوق العطاء للأسهم السعودية التقرير السنوي 2022م. تحقق هدفها الاستثماري مع الالتزام بالحدود الداخلية والمبادئ التوجيهية القانونية. حادي عشر: تعديل الفقرتين الفرعيتين (د، و) من الفقرة (24) “حوكمة الصندوق”. لال قدون ±. قنصل في لادات: ثلاثة أشخاص يغادرون من الجانب Ê~AG.
Any other data and other information required by Investment Fund Regulations to be included in this
Period for the management of the person registered as fund manager
A disclosure of the expense ratio of each underlying fund at end of year and the weighted average expense
With regard to investment funds, the fund manager is responsible for the operation of the investment fund. The fund manager is responsible for the process of distributing dividends (if available) to unitholders. The fund manager must process subscription or redemption requests in accordance with the fund's Terms and Conditions.
ومن خلال القيام بذلك، سيقوم مشغل الصندوق بإجراء تقييم كامل وعادل لشروط وأحكام الصندوق. اطرح سؤالاً (KL للطوارئ) Three Damla Ladaat Aat+/Sastel ماذا يعني KL ليلاً. KL هي مكافأة دائمة لـ Daat. عات +/الشيطان. البنك الوطني السعودي صندوق العطاء للأسهم السعودية التقرير السنوي 2022م.
لقد تمت خصخصة منظمتكم، كوالالمبور، من قبل حركة كوالالمبور. HS + G }~KL Dala Slajam Z+/ Fatwa F~F±) Ahahasaqa Daḥḥtū, Da'ala}~Gḥma'ala'a Majla Raqq+kha Tnm \ 12. Jaz sem skoval G } Rešitev Qaḍḍaḍaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaat Specifično ime. العم باسان @Talka KL. طلبت الأم من الناس أن يحسبوا أصواتهم. لقد خسروا بذلك. SR دادا + زالة قسملا تعستلواك كلولا الواسطة محقق + § بات نعال مالا س.
ﺓﺎﻘ ﻤﻟﺍ ﺡﺎﺭﻷﺍ ﻦﻣ ﻱﺩﻮﻌﺳ ﻝﺎ+ﺭ (
BASIS OF ACCOUNTING
These financial statements of the Fund have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as endorsed in the Kingdom of Saudi Arabia and other standards and rulings issued by the Saudi Organization of Chartered and Professional Accountants (“SOCPA”), and comply with the applicable provisions of the Investment Fund Regulations issued by the CMA and the Fund's terms and conditions.
BASIS OF MEASUREMENT
FUNCTIONAL AND PRESENTATION CURRENCY
SNB CAPITAL AL ATAA SAUDI EQUITY FUND (formerly known as Al Ataa Saudi Equity Fund). Managed by SNB Capital Company) NOTES TO THE FINANCIAL STATEMENTS For the year ended December 31, 2022.
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. Cash and cash equivalents include cash at bank and short-term, highly liquid investments that can be readily converted into known amounts of cash and are subject to an insignificant risk of change in value. On initial recognition, a financial asset is measured at fair value and classified as measured at amortized cost, fair value through profit or loss (“FVTPL”) or fair value through other comprehensive income (“FVOCI”).
A financial asset is measured at FVOCI only if it meets both of the following conditions and is not designated as measured at FVTPL. All financial assets not classified as measured at amortized cost or FVOCI are measured at FVTPL.
SIGNIFICANT ACCOUNTING POLICIES (continued) 2 Financial assets and liabilities
SIGNIFICANT ACCOUNTING POLICIES (continued) 2 Financial assets and liabilities (continued)
SIGNIFICANT ACCOUNTING POLICIES (continued) 2 Financial assets and liabilities (continued)
SIGNIFICANT ACCOUNTING POLICIES (continued) 6 Units in issue (continued)
SIGNIFICANT ACCOUNTING POLICIES (continued)
CASH AND CASH EQUIVALENTS
The fund's related party includes the fund manager, fund board, other funds managed by the fund manager, and the Saudi National Bank, which is superior to the fund manager. The fund manager is also entitled to recover expenses incurred on behalf of the fund in connection with auditing, custody, consultancy, data processing and other similar fees. The maximum amount of such expenses that can be recovered from the fund by the fund manager is limited annually by the equity capital of the fund on the respective valuation dates.
These transactions were executed on the basis of approved terms and conditions of the Fund. 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 mainly set up to be carried out based on the limits set by the Fund Board. Market risk' is the risk that changes in market prices - such as commission rates, foreign exchange rates, share prices and credit spreads - will affect the Fund's income or the fair value of its holdings in financial instruments. a) Foreign exchange risk. The Fund has no currency risk as all transactions are executed in SAR.
All the fund's assets and liabilities are non-commission-bearing, and the fund is therefore not exposed to commission risk. Other 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 movements in foreign currency and commission rates. The price risk arises primarily as a result of uncertainty about the future prices of financial instruments held by the fund.
The Fund Manager aims to manage credit risk by monitoring credit exposures, limiting transactions with specific counterparties and continuously assessing the creditworthiness of counterparties. The Fund Manager monitors liquidity needs by ensuring that sufficient funds are available to meet any liabilities as they arise, whether through new subscriptions or liquidation of the investment portfolio. The Fund manages its liquidity risk by investing primarily in securities that it expects to be liquidated within a short period of time.
LAST VALUATION DAY
The primary responsibility for developing and implementing controls over operational risks rests with the Risk Management Team.
EVENTS AFTER THE END OF THE REPORTING PERIOD
APPROVAL OF THE FINANCIAL STATEMENTS
