The Saudi Capital Market Authority issued a decision approving the Investment Company for Securities and Brokerage to offer the units of the Flexi Capital Fund for Saudi Equities in a public offering.
According to Arabiya Net, the authority said in a statement that the decision to invest without reviewing the terms and conditions of the fund and studying its content, may involve high risks. Therefore, the investor should review the terms and conditions of the fund, which contain detailed information about the fund, the investment strategy and risk factors, and study them carefully in order to be able to assess the feasibility of investing or not in light of the accompanying risks. For more information.
And she continued: The approval of the Authority to offer the fund should not be seen as an endorsement of the feasibility of investing in the fund, as the Authority's decision to approve the offering means that compliance has been made. According to the statutory requirements according to the Capital Market Law and its Implementing Regulations.
