Since its inception on 1t April 1992, this Al Arabi Saudi Equity Fund has gained huge popularity among investors. All thanks to the yields it offers to investors on the investment made. The fund has provided great returns to date and thus encouraged investors to make investments. However, to reap the benefits, the investment must be made for a longer tenure.
As it is a high-risk fund, it's crucial for investors to be well-informed about the latest market trends so that they can make wise investment decisions. High-risk funds do offer high returns, but it's vital for investors to remain invested for a more extended period. They must ensure to check the fund's performance on a regular basis.
The exciting thing about the fund is that it does not charge any subscription cost or expense ratio. However, investors do require to pay a minimal value as management fees for paying the fund managers to handle their portfolio. The valuation of the fund is done on Sunday and Wednesday. Similarly, the announcement is made on Monday and Thursday.
Al Arabi Saudi Equity Fund is known for offering reasonable returns on investment. However, investors must ensure to do thorough research about the fund before proceeding ahead.
Al Arabi Saudi Equity Fund is a high-risk fund. Thus, this fund is best suited for individuals well-versed in the share market functioning.
The minimum amount to invest in the Al Arabi Saudi Equity Fund is SAR 7500. This worth is fixed by money managers by considering several factors.
The Annual Management Fee of Al Arabi Saudi Equity Fund is 1.75%. This amount is paid by people while making investments for the fund managers who work on their portfolios.
Al Arabi Saudi Equity Fund is an open-ended fund. However, when you redeem the units within 30 days of procurement, you will have to pay 0.25% as the redemption charges.
Al Arabi Saudi Equity Fund is managed by ANB capital. The company is top-rated for its asset management services.
The primary goal of Al Arabi Saudi Equity Fund is to make investments in a diversified account of equities in the Kingdom of Saudi Arabia.
The expense ratio of the Al Arabi Saudi Equity Fund is 0%. The fund doesn't charge any value for handling your investments.