The Saudi Arabia Capital Markets Authority (CMA) issued a resolution approving Tam Capital’s public offer of the TAM Freestyle Saudi Equity Fund. The CMA reminded investors that subscribing without carefully reading the fund’s terms and conditions may involve high risk, and that the approval should not be seen as a recommendation to invest. The authorisation indicates only that the legal requirements under the Capital Market Law and its Implementing Regulations have been met, and investors are encouraged to consult the fund manager if any part of the terms and conditions is unclear.
Saudi Arabia Capital Markets Authority 2025-10-23
Saudi Arabia Capital Markets Authority approves Tam Capital public offer of TAM Freestyle Saudi Equity Fund
The Saudi Arabia Capital Markets Authority approved Tam Capital’s public offer of the TAM Freestyle Saudi Equity Fund. The CMA emphasized that the approval is not an investment recommendation and urged investors to thoroughly review the fund's terms and conditions, highlighting the potential risks involved.