The Saudi Arabia Capital Market Authority approved Portfolios Investment Company’s public offer of the PIC Saudi Equity Fund, confirming only that the offer meets applicable legal requirements and advising investors to assess the fund’s terms, investment strategy and risks before subscribing.
Saudi Arabia Capital Market Authority approves public offer of PIC Saudi Equity Fund
The Saudi Arabia Capital Market Authority approved Portfolios Investment Company’s public offer of the PIC Saudi Equity Fund, while emphasizing that approval does not constitute a recommendation to subscribe.