Al Khair Capital Sukuk Plus Fund started its operation on 1st June 2014 and is managed by Al Khair Capital Saudi Arabia. The firm is a reputed Shariah-compliant financial organization based out of Riyadh. The firm onboards qualified and experienced professionals who handle all the activities of the fund on the investor’s behalf.
The fund managers take into consideration several factors before making any investment decision. They have the full right to make decisions on their client’s behalf. However, it’s crucial for them to remain intact with the investors so that their choices are in sync and, later on, do not face any issues.
The fund spends in a wide range of portfolios of Sukuk released by commercial issuers, sovereign, and convertible Sukuk, which will be sourced from local and foreign Sukuk. Apart from this, the fund also invests in several other securities that are Shariah-compliant.
The management cost of the fund is fixed at 0.25%, which the investors must pay to fund managers who handle their investments and make all the necessary decisions.
When seeing the returns offered by the fund in the last 5 years, it has provided a decent return of 16.76%. Hence, investing in this fund can be a wise investment decision.
Al Khair Capital Sukuk Plus Fund is a medium to high-risk fund. Thus, investors may gain moderate to high returns when they invest in the fund for extended periods.
The annual management fee of Al Khair Capital Sukuk Plus Fund is 0.25%. This amount is utilized to make the payment to the fund managers who put their time and effort into handling the investment.
Al Khair Capital Sukuk Plus Fund is an open-ended fund. This enables the traders to purchase and redeem the units as per their desire.
Al Khair Capital Sukuk Plus Fund is managed by Al Khair Capital Saudi Arabia. The firm is a top-rated investment firm in the Middle East.
The foremost objective of Al Khair Capital Sukuk Plus Fund is to gain income in the mid to long tenure. The fund helps the investors accomplish returns from dividend income.
The expense ratio of the Al Khair Capital Sukuk Plus Fund is 0.83%. This value is demanded by investors on a regular basis.