Established in the year 2001, Al Arabi Balanced Fund is a highly popular mutual fund in Saudi Arabia that has marked its place in the heart of investors. Since its inception, the fund aims to achieve wealth appreciation in the mid-tenure by investing in several asset classes. As the fund is open-ended in nature, it doesn't impose any kind of restrictions on traders.
The fund charges a minimal amount of 0.10% as an expense ratio from investors annually. This is the value that determines how much you pay to the fund during your investment tenure to own it. As this fund comes with a lower expense ratio, it helps you save a lot of money from your profits. You do not require to pay a huge sum for your investment.
This medium-risk fund charges a one-time subscription fee of 2% from traders. Anyone can start their investment with this fund with a minimum value of USD 2000. This amount is fixed by money managers indicating that investors don't get a free hand for investing any amount below the set value.
Al Arabi Balanced Fund is known for offering outstanding profits on investments made by investors. However, they must ensure to check the fund details before proceeding.
Al Arabi Balanced Fund is a medium-risk fund. This indicates that investors are not exposed to the high-risk market and invest in securities that offer moderate returns.
The minimum amount required for investing in the Al Arabi Balanced Fund is USD 2000. This value is set by investment managers keeping certain factors in mind.
The annual management cost of the Al Arabi Balanced Fund is 0%. This means investors are not required to pay any amount to fund managers to handle their portfolios.
Al Arabi Balanced Fund is an open-ended fund. This simply means that traders can purchase the units of funds on any working day.
Al Arabi Balanced Fund is handled by Arab National Investment company. The firm is widely recognized for offering asset management services.
Al Arabi Balanced Fund's objective is to gain wealth appreciation in the mid-term by making investments in several asset classes on an international basis.
The expense ratio of the Al Arabi Balanced Fund is 0.10%. This value is measured as a percentage of the amount invested in the fund.