NCB Capital Launches AlAhli Freestyle Saudi Equity Fund
NCB Capital, the region’s leading wealth manager and the Kingdom of Saudi Arabia’s largest asset manager has launched the AlAhli Freestyle Saudi Equity Fund. The fund is an open-ended Shariah-compliant fund that aims to achieve superior growth in capital through a more concentrated investment approach. It is 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.