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.
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.
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.
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.
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.
Al Mubarak USD Trade Fund is an open-ended investment. This implies that the fund is highly transparent and liquid.
Al Mubarak USD Trade Fund is handled by Arab National Investment Company. The firm is recognized for providing asset management services.
Al Mubarak USD Trade Fund’s objective is to gain revenue by making investments in Sharia-compliant funds.
The expense ratio of the Al Mubarak USD Trade Fund is 0.09%. This value is taken to cover the fund’s expenses.