The CMA said approval of the offering should never be considered as a recommendation to subscribe to the fund
The Capital Market Authority (CMA) approved Riyad Capital to offer units of the Riyad Healthcare Equity Fund through a public offering. 
The approval of the offering should never be considered as a recommendation to subscribe to the fund, the CMA said.
The approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met, it added.
The CMA said that an investment decision without reviewing the fund’s terms and conditions may involve high risks, and urged investors to contact the fund manager for further clarity.
The CMA said approval of the offering should never be considered as a recommendation to subscribe to the fund
The Capital Market Authority (CMA) approved Riyad Capital to offer units of the Riyad Healthcare Equity Fund through a public offering.
The approval of the offering should never be considered as a recommendation to subscribe to the fund, the CMA said.
The approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met, it added.
The CMA said that an investment decision without reviewing the fund’s terms and conditions may involve high risks, and urged investors to contact the fund manager for further clarity.
