Al Jazira GCC Income Fund

No items found.
4.90

177.692

NAV (Jun 6, 2023)

+12.88%

NAV (Jun 6, 2023)

Historical NAV

NAV (06 Jun 2023)

NO DATA FOUND

Fund Returns

Last 1Y

13.22%

YTD

11.14%

Last 3Y

57.18%

Last 3 months

0.78%

Last 5Y

52.33%

About Al Jazira GCC Income Fund

Investment Objective

The Al Jazira GCC Income Fund is a well-known mutual fund in Saudi Arabia that makes investments in a diversified portfolio of fixed-income instruments issued by corporations and governments in the GCC region. Since its inception, the fund has become a go-to option for investors who want to try their luck in the mutual fund.

With a management cost of 1.50%, the fund demands a minimal amount from the investors for handling their client's portfolio. They are equipped with highly proficient fund managers who possess immense knowledge in this arena. They look for securities wisely for making an investment that offers great returns on investment.

The fund is a well-managed, Shariah-compliant investment solution for anyone looking to get access to the expanding GCC fixed-income market. As the fund has set the minimum value for investment very low, it becomes accessible for both novice and seasoned investors. Anyone can plan their investment in this fund if looking to gain higher returns. However, they must remain invested for a longer period of time.

Expense Ratio

0.5%

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

High

Minimum Subscription

5000

Subscription charges

Management fees

1.5%

Leverage

Launched Date

2010/09/30

Fund Managers

Aljazira Capital

Fund Manager

FAQs about Al Jazira GCC Income Fund

What kind of returns does Al Jazira GCC Income Fund offer?

Al Jazira GCC Income Fund provides excellent returns on investment. Nevertheless, investors must take into account the fund's performance and other factors before investing.

How risky is the Al Jazira GCC Income Fund?

Al Jazira GCC Income Fund is a high-risk fund. This implies that the fund is best suited for people who are ready and wish to take high risks.

What is the minimum amount that you need to invest in the Al Jazira GCC Income Fund?

The minimum amount needed for investing in the Al Jazira GCC Income Fund is SAR 5000. This value ensures that the investment is cost-efficient for both parties.

What is the average Annual Management Fee of Al Jazira GCC Income Fund?

The annual management cost of Al Jazira GCC Income Fund is 1.50%. Investors must ensure to enquire about this value from before so that they are well aware of how much they should pay from their profit.