Approval of the general offering of the Winfstin Quant Fund units for Saudi stocks

The Capital Market Authority of Winfston Financial Company has approved the launch of the “Winfstin Quant Fund for Saudi stocks” a general proposal.
The authority said in a statement on the Saudi Tadawul website: The investment decision without seeing the conditions and conditions for the fund and studying its content may involve high risks.
She called on the investor to see the terms and conditions of the fund, which contains detailed information about the fund, investment strategy and risk factors, and studying them carefully to be able to estimate the feasibility of investment or not in light of the accompanying risks, and in the event that it is not possible to understand the contents of conditions and conditions, it is preferable to refer to the fund manager for more information.
According to the commission, the authority’s approval should not be seen on the authority of the fund as a ratification of the feasibility of investing in the fund.
She explained that the authority’s decision to agree to the proposal means that the regular requirements have been adhered to according to the financial market system and its executive regulations.