AlJazira Saudi Equities Fund

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.