Since its inception, Al Khair Capital IPOs Fund has turned out to be a reputed mutual fund in Saudi Arabia. This is a high-risk fund that requires investors to gain a thorough understanding of the Saudi market. They must analyze the fund’s performance before investing their hard earned money in the equity funds.
With the subscription charge of 0.75%, the fund has set the minimum amount as SAR 10,000. This value is set by the investment managers in order to maintain sufficient funds so that their cash flow doesn’t get impacted. Any trader can start their investment with this value but cannot invest below this amount as the fund doesn’t give this free hand to investors.
The fund has fixed the management cost as 1.25%. This amount is taken from investors so that the payment can be made to fund managers who handle their portfolioon their behalf. These investment managers work in sync with their clients and make a decision that benefits them.
Al Khair Capital IPOs Fund provides alluring returns on investment. However, traders need to keep in mind that they should check their expenses before moving ahead with the investment.
Al Khair Capital IPOs Fund is a high-risk fund indicating that investors must examine their risk appetite and whether they are ready to bear that risk.
The minimum amount required for investing in the Al Khair Capital IPOs Fund is SAR 10,000. This amount specifies that individuals cannot spend in this fund below this value.
The annual management cost of Al Khair Capital IPOs Fund is 1.25%. This value is taken from investors to make the payment to expert professionals.
Al Khair Capital IPOs Fund is an open-ended fund stating that people can make purchases even after the completion of NFO tenure.
Al Khair Capital IPOs Fund is handled by Alkhair Capital. The company offers outstanding investment services to users in the Middle East.
The primary objective of Al Khair Capital IPOs Fund is to gain revenue by investing in Shariah-compliant equities registered on both local and global markets.
The expense ratio of the Al Khair Capital IPOs Fund is 0.50%. As the value is low, it doesn’t impact the investor’s return.