Al Mubarak Saudi Sovereign Sukuk Fund is an incredible fund that has gained immense popularity in the Kingdom of Saudi Arabia region. Established in the year 2020, this mutual fund has managed to remain on the list of investors, whether newbies or experienced. Investing in this Sukuk fund can be a wise decision owing to the risk involved in it.
Being a low-risk fund, this fund comes with very low risk and a guaranteed return assurance. This fund makes the investment majorly in debt securities. Investing in this fund enables investors to stabilize their portfolios. Moreover, they do not get exposed to huge risks when investing in this fund, and it also offers low returns on investment.
Managed by Arab National Investment Company, this fund demands 0.2% as the annual charge for their advanced services. The investment managers are well-versed with the nitty-gritty involved in the share market and ensure to select such debt securities for investment that offers guaranteed returns.
Al Mubarak Saudi Sovereign Sukuk Fund offers exceptional yields on investment. Investors must plan their investments for a long time frame to gain huge income.
Al Mubarak Saudi Sovereign Sukuk Fund is a low-risk fund. Hence, this fund offers minimum risk, and consistent returns are guaranteed.
The minimum amount you must have when it comes to investing in Al Mubarak Saudi Sovereign Sukuk Fund is SAR 7500. This value helps the fund to manage its operating costs.
The annual management cost of the Al Mubarak Saudi Sovereign Sukuk Fund is 0.2%. The fees are paid to the fund managers for their outstanding services.
Al Mubarak Saudi Sovereign Sukuk Fund is an open-ended fund that enables traders to purchase fund units on any working day.
Al Mubarak Saudi Sovereign Sukuk Fund is handled by Arab National Investment Company. The organization is widely recognized for offering investment services.
The primary objective of the Al Mubarak Saudi Sovereign Sukuk Fund is to gain growth in the long run by investing in the Sovereign Sukuk fund released by the Saudi Arabian government.
The expense ratio of the Al Mubarak Saudi Sovereign Sukuk Fund is 0.08%. The fund charges this value from investors to manage the cost of the fund.