AlJazira European Equities Fund

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4.90

USD 153.2606

NAV (Feb 2, 2023)

-23.25%

NAV (Feb 2, 2023)

Historical NAV

-23.25%

NAV (Feb 2, 2023)

+0.75%

Fund Returns

Last 1Y

-22.35%

YTD

-25.52%

Last 3Y

4.06%

Last 3 months

-10.24%

Last 5Y

11.2%

About Al Jazira European Equities Fund

Investment Objective

Since its inception in the year 1999, Al Jazira European Equities Fund is an open-ended fund in Saudi Arabia that has gained massive popularity in the stock market. Seeing the past performance of the fund, it has been observed that it offers excellent returns if the investment is made for a more extended time.

As it is a high-risk fund, the investors must be prepared for any turbulence that may occur during the tenure. It is essential for investors to keep themselves updated with the latest market trends and the performance of the funds.

With the management cost of 1.5%, the investors must pay this amount to the fund managers who handle their investments. These fund managers make all the vital decisions related to the investment. However, it's essential for the fund managers to be in sync with the investors so that the investment process does not get halted.

When talking about the fund's valuation and announcement days, the fund is valued every Thursday and Monday. Alternatively, the announcement is made on Sunday and Tuesday. The subscription charge of the fund is fixed at 2 percent. The investors can begin investing in this fund with a minimum amount stated by the fund managers.

Expense Ratio

0.54%

Asset Class

Equity

Fund Type

Open

Fund Currency

USD

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

High

Minimum Subscription

Subscription charges

Management fees

1.5

Leverage

Launched Date

2010/09/30

Fund Managers

Aljazira Capital

Fund Manager

FAQs about Al Jazira European Equities Fund

What Kind of Returns does Al Jazira European Equities Fund?

Al Jazira European Equities Fund offered a return of 27.83% since the beginning of the year. The fund is famous for providing reasonable returns to investors.

How risky is the Al Jazira European Equities Fund?

Al Jazira European Equities Fund is a high-risk fund. Thus, investors must remember that to gain massive profits; they need to be remain invested for a longer period.

What minimum amount do you need to invest in the Al Jazira European Equities Fund?

The minimum amount required for investing in the Al Jazira European Equities Fund is 2000 USD. Therefore, an investor can make a decision based on their annual income whether they wish to invest in this fund or not.

What is the average Annual Management Fee of Al Jazira European Equities Fund?

The annual management fee of Al Jazira European Equities Fund is 1.5%. You need to pay the management fee to the investment brokers for handling your investment.

What is the Fund Type of Al Jazira European Equities Fund?

Al Jazira European Equities Fund is an open-ended fund. Hence, contrary to the close-ended funds, the units of this fund are not traded on the share market.

Who manages the Al Jazira European Equities Fund?

Al Jazira European Equities Fund operations are governed by Aljazira Capital. It is a joint-stock organization owned single-handedly that works under the guidance of the Capital Market Authority.

What is the Al Jazira European Equities Fund's goal?

The primary objective of the Al Jazira European Equities Fund is to enable individuals to participate in European stock markets and generate massive long-term profits via broad Shariah - based Stocks.

What is the expense ratio of the Al Jazira European Equities Fund?

Al Jazira European Equities Fund's expense ratio is 0.54%. Every expense, such as fund management fees, advertising fees, etc., comes under the expense ratio that is revealed on a regular basis.

Investment Calculator

SAR 5000 per month

Over the past

Total Investment of (SAR) 0

Would have become (SAR)

0 (0%)