Al Rajhi Global Equity Fund

An open-ended fund, Al Rajhi Global Equity Fund, came into existence on 27th August 1996. Since then, the fund has gained massive popularity in Saudi Arabia among people. As it is an open-ended fund, the investors get the benefit of buying the units of this fund anytime without any hassle. Not only this, but the investors can also withdraw their units on any working day as the fund doesn't come with any lock-in period. 

This Al Rajhi fund enables investors to gain huge profits and grow their income in the long time horizon. The fund managers working for the fund ensure to make investments in diverse international equity payments and other funds that are based on Shariah guidelines. Later, income earned on the fund is reinvested back into the fund instead of distributing the profit among the unitholders.

With a subscription charge of 2%, the fund has fixed the minimum amount for investors to invest in this fund as 2000 USD. Any investor willing to invest in this fund must have this amount as they cannot do the below-mentioned transaction. The fund managers decide this amount so they can meet the fund's operational expenses and other related expenses.