FAQs
AWAYD is an open-ended public money market investment fund denominated in AED, domiciled in the UAE, and regulated by the Securities and Commodities Authority (SCA).
The Fund is designed to provide efficient cash management solutions to a wide range of investors, including both retail and institutional clients.
It achieves its objective by actively managing investments in high-quality short-term money market instruments.
The Fund is designed to provide efficient cash management solutions to a wide range of investors, including both retail and institutional clients.
It achieves its objective by actively managing investments in high-quality short-term money market instruments.
You can access your account via our mobile app, available on the Google Play Store and Apple App Store. To download the mobile app, simply scan the barcode on the AWAYD webpage and complete your registration.
Through the mobile app, you can register, manage subscriptions, and process redemptions. You can also manage your account through the AWAYD website; however, registration is only available via the mobile app.
Through the mobile app, you can register, manage subscriptions, and process redemptions. You can also manage your account through the AWAYD website; however, registration is only available via the mobile app.
You can subscribe to AWAYD by completing the subscription form through our mobile application, available on both Android and iOS. To download the app, scan the barcode on the AWAYD webpage (https://portal.madacapital.net/register), then complete the form and transfer the required amount to the F
Fund's account.
For any assistance, please contact us at awayd@madacapitalfs.com.
Fund's account.
For any assistance, please contact us at awayd@madacapitalfs.com.
The minimum initial subscription amount is AED 100. Additional investments can be made in increments of AED 1.
Both subscriptions and redemptions are available and processed on every business day. Subscription and redemption requests submitted before 10:00 AM UAE time on business days will be processed the same day. Requests made after 10:00 AM will be processed on the next business day.
The NAV is calculated daily, by valuing the total value of the Fund's assets minus liabilities, expenses and obligations. This value determines the price of your units in the Fund.
The Fund main expenses are management fee of 0.50%, administrator fee of 0.04% and custodian fee of 0.04%. There are no subscription or redemption fees in AWAYD.
The AWAYD Fund is classified as a low-risk investment vehicle, as it primarily invests in high-quality, short-term money market instruments. However, like all investments, it is subject to market risk.
In your welcome email, you received the following key documents:
1. Fact Sheet: A summary of the Fund’s latest performance, portfolio breakdown, and key metrics.
2. Prospectus: Detailed information on the Fund's investment strategies, subscription process, and risk profile.
3. Privacy Policy: How we protect your data in line with the UAE regulations.
4. Terms of Use: Guidelines on how to use our website and services.
5. KYC Document: The information you provided during registration.
You can always find the latest copies of these documents and additional updates on the AWAYD webpage.
1. Fact Sheet: A summary of the Fund’s latest performance, portfolio breakdown, and key metrics.
2. Prospectus: Detailed information on the Fund's investment strategies, subscription process, and risk profile.
3. Privacy Policy: How we protect your data in line with the UAE regulations.
4. Terms of Use: Guidelines on how to use our website and services.
5. KYC Document: The information you provided during registration.
You can always find the latest copies of these documents and additional updates on the AWAYD webpage.
For any inquiries, please contact us at awayd@madacapitalfs.com or call +971 4 371 8000.