The Saudi Arabia Capital Markets Authority (CMA) issued a resolution approving Saudi Economic and Development Securities Company’s public offer of the SEDCO Capital Lombard Global ESG Equities Feeder Fund. The CMA stressed that the approval should not be treated as a recommendation to subscribe and only indicates that the legal requirements under the Capital Market Law and its Implementing Regulations have been met. Investors were advised to read the fund’s terms and conditions in full, including information on the investment strategy and risk factors, and to contact the fund manager if any part is difficult to understand.