22 Hrs
Source:
الاقتصادية
Saudi Markets Suggest Fund Disclosure Changes
The Saudi Securities Authority proposed amendments to the disclosure requirements for investment funds aimed at enhancing transparency and the quality of information for investors. The modifications include disclosures about sources and nature of cash distributions, distinguishing between investment returns and capital gains, revealing the top 10 investments and their proportions of net assets, as well as income from real estate assets and performance analysis of the fund compared to the index. Additionally, the Authority intends to make its website a mandatory disclosure channel to improve investors' access to information.
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