Al Mubarak USD Trade Fund

No items found.
4.90

19.9259

NAV (Jun 6, 2023)

+4.74%

NAV (Jun 6, 2023)

Historical NAV

NAV (06 Jun 2023)

NO DATA FOUND

Fund Returns

Last 1Y

0.63%

YTD

0.82%

Last 3Y

1.94%

Last 3 months

1.77%

Last 5Y

5.96%

About Al Mubarak USD Trade Fund

Investment Objective

Since its inception on 1st January 1994, Al Mubarak USD Trade Fund has been a highly popular fund in Saudi Arabia when it comes to investing in low-risk funds. As the fund doesn’t come with great risk, it is best suited for such people who wish to secure their funds or are newbies in the mutual fund industry. They can begin their investment with their desired amount and gain sustainable returns.

With an expense ratio of 0.09%, the fund demands an annual value from investors for handling its portfolios. As the expense ratio is low, it doesn’t get hard on pockets. This value gives the picture of how much the fund charges as operating expenses in comparison to its assets and assists investors decide whether a fund is profitable or not.

The fund has kept a minimum amount of the fund as SAR 2000. Anyone willing to begin their investment journey with a lower amount can start investing in this fund. However, they cannot invest any amount below the stated value. The fund is valued on a daily basis.

Expense Ratio

Asset Class

Money Market

Fund Type

Open

Fund Currency

USD

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

Low

Minimum Subscription

7500

Subscription charges

Management fees

0.2%

Leverage

Launched Date

2010/09/30

Fund Managers

Arab National Investment Company

Fund Manager

FAQs about Al Mubarak USD Trade Fund

What Kind of Returns does Al Mubarak USD Trade Fund?

Al Mubarak USD Trade Fund is known for offering out-of-the-box returns to people investing in this open-ended fund. However, they must see their risk appetite as to how much they are willing to spend.

How risky is the Al Mubarak USD Trade Fund?

Al Mubarak USD Trade Fund is a low-risk fund. This states that investors are not exposed to high risk as the investment is done mostly in debt instruments.

What is the minimum amount that you need to invest in the Al Mubarak USD Trade Fund?

The minimum amount required for investing in the Al Mubarak USD Trade Fund is USD 2000. This value specifies that no one can spend below this amount.

What is the Annual Management Fee of the Al Mubarak USD Trade Fund?

The annual management cost of the Al Mubarak USD Trade Fund is 0.20%. This is the nominal value that an investor needs to pay when investing in the fund.