News

Blom Fund of REIT Fund announcement

Blominvest Saudi Arabia announces the cash distribution of income to the Unitholders of Blom Fund of REITs Fund for the period from April, 2018 to September 2018 as follows:


1. Total income distribution: SAR 493,860.95
2. The distributions will be based on 300,757 existing units.
3. The distribution amount is equivalent to SAR 1.64 per unit and its percentage of the unit initial price is 1.64 %
4. The distribution percentage is 1.70 % of the Fund’s net asset value as of Thursday, 17 Muharram 1440H corresponding to 27 September 2018.
5. The eligibility of distribution to Unitholders shall be based on the record of Unitholders by the end of Thursday 17 Muharram 1440H corresponding to 27 September 2018.
6. Distribution shall be paid within 10 business days.


The Fund Manager also would like to remind Unitholders to update their bank account information in order to ensure that their profits are deposited directly in their accounts.