An open-ended fund, Al Jazira Sukuk Fund, was started by the deal between the unitholders and Aljazira Capital firm. It is a joint-stock organization that is widely recognized for offering out-of-the-box asset management services to investors in Saudi Arabia. The fund managers are the complete subordinate of the Aljazira bank. Starting its operations in 2020, the fund managed to stay on top of the investor's list when it came to investment.
Investors get a chance to make an investment in Shariah-based securities registered on broad worldwide markets that helps them earn capital gains in the mid to long run in the Middle East. Later on, the cash is distributed among the unitholders by the fund managers. The managers decide how much dividend to distribute and make a decision.
Supervised by Maples Fund services, the assets of the fund are kept under the custodian of Northern Trust Securities. The valuation of the fund is done on Monday and Thursday. Simultaneously, the announcement is made on Sunday and Tuesday.
With the management cost of 0.65%, the investors must pay a certain amount to the fund managers who handle their portfolio on their behalf. These money managers make sure to spend in such securities that offer great returns on investment.
Al Jazira Sukuk Fund offers desirable returns when an investor makes an investment in the fund and purchases the units.
Al Jazira Sukuk Fund is a medium-risk fund. This implies that investors investing in this fund are exposed to moderate levels of risk.
The minimum amount fixed for investing in this fund is 2000 USD. The fund managers come down to this value by taking several factors into consideration.
The annual management fee of Al Jazira Sukuk Fund is 0.65%. When you avail of the services of experts, you ought to pay them some amount as the fees for handling your portfolio.
Al Jazira Sukuk Fund is an open-ended fund that assists investors to withdraw the fund's units on any working day.
Al Jazira Sukuk Fund is handled by Aljazira Capital. The firm has a prominent position in the stock broking market and aims to hold it with its exceptional services.
The foremost objective of Al Jazira Sukuk Fund is to help investors earn income in the mid to long tenure.
The expense ratio of Al Jazira Sukuk Fund is 0.19%. The investor pays this value to the investment managers for handling their money.