Al Rajhi MENA Dividend Growth Fund was established in Saudi Arabia. Since then, it has gained huge popularity among investors. All thanks to the returns it offers on investment. As the fund comes with low risk, investors can plan their investments for a short tenure and make profits. However, they must keep an eye on the fund's performance before making a decision of investing.
The fund charges an annual charge of 0.05% as an expense ratio from investors. Anyone making an investment in this fund requires to pay this amount from their profits to the fund managers for taking good care of the operations of the fund. The operating cost can minimize the asset worth of the fund. Thus, this reduces the profits earned on the investment. Hence, it is essential to know this ratio before making the investment.
This open-ended fund activity is managed by Al Rajhi Capital. The company is equipped with highly proficient money managers who ensure to accomplish returns by investing in Sharia-compliant securities present in the MENA region.
Al Rajhi MENA Dividend Growth Fund is known for providing outstanding returns on investment to traders in a short span of time.
Al Rajhi MENA Dividend Growth Fund is a low-risk fund. This fund is best suited to novice investors or senior citizens who wish to safeguard their funds.
The minimum amount that you need when it comes to investing in the Al Rajhi MENA Dividend Growth Fund is SAR 7500. This value is fixed by the money managers taking into account several factors.
The Annual Management Fee of Al Rajhi MENA Dividend Growth Fund is 16%. Investors need to pay this value to the fund when investing in it.
Al Rajhi MENA Dividend Growth Fund is an open-ended fund that enables investors to buy or repurchase the fund's units without any limitation.
Al Rajhi MENA Dividend Growth Fund is managed by Al Rajhi Capital. The company offers several services in the region to exceed its client's expectations.
The fundamental goal of the Al Rajhi MENA Dividend Growth Fund is to accomplish wealth appreciation by offering a sustainable amount of profits and liquidity.
The expense ratio of the Al Rajhi MENA Dividend Growth Fund is 0.05%. This is the amount that investors need to pay the fund for handling the operations and promotions of your fund.