Mr. Eisa M. Al Eisa, Chairman of Sambacapital, A Samba's subsidiary, announced the distribution of dividends for investors in Al Fareed growth and income Fund for 2007 at 6% of the unit price according to the evaluation announced on 26 December 2007. "This is an assertion of the distinguished performance and growing returns of the Fund" Al Eisa said, and recalled that Al Fareed fund had distributed profits for the first halves of 2004 and 2005. Al Fareed 2007 profits before distribution hit 69.19%, which is the highest performance among all local conventional funds, which qualifies Al Fareed to be ranked as best performance of conventional funds in 2007.
"Sambacapital's investment funds are so attractive to investors who trust them thanks to their established track record in the industry, as reflected in Sambacapital's local share funds, which always outweigh the performance benchmarks. The differentiation and uniqueness of Al Fareed Fund in comparison with other banks' funds is stemmed from its policy to distribute annual profits
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