AlJazira Saudi Equities Fund

  • No items found.
  • Rate
    4.90
SAR 670.4982
NAV (Feb 2, 2023)
+4.74%
NAV (Feb 2, 2023)
Historical NAV
4.74%
NAV (Feb 2, 2023)
+0.75%
1D
Mutual fund graph
  • 1D
  • 5D
  • 1M
  • 3M
  • 1Y
  • 3M
  • 5Y
  • 10Y
  • All
Fund Returns
Last 1Y
7.28%
YTD
4.56%
Last 3Y
60.2%
Last 3 months
-13.1%
Last 5Y
89.82%
CAGR Month 6

About Al Jazira Saudi Equities Fund

Investment Objective

Al Jazira Saudi Equities Fund came into existence on 4th December 1999. This open-ended fund was set up and handled via a deal between the unitholders and Aljazira Capital. The company is a top-rated joint stock organization in the Middle East. The fund managers working on this fund is owned subordinate of Bank Aljazira.

The fund became a prominent name among investors in the high-risk zone. As it is a high-risk fund, it requires the investors to study the market thoroughly. They must track the fund's performance regularly to understand how much they have earned on their investments.

This Al Jaira fund works under the rules and regulations stated in the brochure. The fund's primary goal is to assist investors in investing in the capital market of Saudi Arabia based on Islamic Shariah. However, investors cannot invest in those equities that are registered in the Saudi Arabia. Once the profit is earned, the fund invests the money back and does not distribute it among the unitholders. This reinvested amount is showcased in the net assets attributable to every unit. 

The fund's valuation and announcement are made every day when Tadawul is open. The fund managers working for this fund charge 1.5% of the management fees for their hard work and energy. They use their expertise and invest in such equities that offer profits.

Expense Ratio
0.52%
Asset Class
Equity
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Growth
Risk Level
High
Minimum Subscription
0
Subscription charges
2
Management fees
1.5
Leverage
0
Launched Date
2010/09/30

Fund Managers

Aljazira Capital
Fund Manager

FAQs about Al Jazira Saudi Equities Fund

What Kind of Returns does Al Jazira Saudi Equities Fund provide?

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Al Jazira Saudi Equities Fund offered -9.23% returns in the last three years.

How risky is the Al Jazira Saudi Equities Fund?

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Al Jazira Saudi Equities Fund is a high-risk fund that requires investors to be extra alert and cautious while investing in this fund.

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

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The minimum amount you must invest in the Al Jazira Saudi Equities Fund is 5000 SAR. This value is finalized by the investment managers who look at the fund's activities.

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

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The annual management fee of Al Jazira Saudi Equities Fund is 1.5%. The fund manager charges a fixed cost yearly for their services.

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

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Al Jazira Saudi Equities Fund is an open-ended fund. This implies that a user can enter or exit the fund anytime after its launch.

Who manages the Al Jazira Saudi Equities Fund?

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Al Jazira Saudi Equities Fund is handled by Aljazira Capital. The firm is responsible for offering services of managing, underwriting, and more.

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

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The major objective of Al Jazira Saudi Equities Fund is to assist investors to participate in the equity market of Saudi Arabia and accomplish wealth gains in longer tenure.

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

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The expense ratio of the Al Jazira Saudi Equities Fund is 0.52%. This fee is an essential factor for individuals as it can play a vital role in the net profit.

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

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