News

Kamco Investment Company announces the approval of the Fund’s Board of Directors of a non- fundamental change to the Kamco Saudi Equity Fund, such change will become effective on (18/02/1446 H), corresponding to (22/08/2024 G.)
The details of the non-fundamental change are follows: (Appointing PwC as the Zakat Advisor for the purpose of calculating the Fund’s Zakat for the current year 2024 AD, after the expiration of the Zakat Advisor services contract for the purpose of calculating the Fund’s Zakat with the current Zakat Advisor, Sultan Mohammed Al Sultan & Partners Professional Consulting Company. And changing the Zakat Advisor fees from 7,000 Saudi Riyals to 13,000 Saudi Riyals, in addition to 15% value-added tax fees).

Unitholders have the right to redeem their units before any non-material change is effective without incurring any redemption fees.