Al Rajhi Monthly Distribution Fund

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4.90

10.2738

NAV (Sep 22, 2023)

+12.74%

NAV (Sep 22, 2023)

Historical NAV

NAV (22 Sep 2023)

NO DATA FOUND

Fund Returns

Last 1Y

N/A

YTD

N/A

Last 3Y

N/A

Last 3 months

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Last 5Y

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About Al Rajhi Monthly Distribution Fund

Investment Objective

Since its inception, Al Rajhi Monthly Distribution Fund has gained immense popularity in the Kingdom of Saudi Arabia. This public open-ended fund was established with the objective of producing consistent profit regularly by investing in shortlisted income-generating equities like debt funds, fixed-income, ETFs, and others as per the Shariah guidelines.

The subscription and redemption of the fund are done on a daily basis. The fund managers who are responsible for handling the operations of the fund ensure to make investment decisions and gain profit wisely. The yield is then distributed among the unit holders every month. However, it is up to the investment managers to decide how they want to distribute.

With a management cost of 1.25%, the fund is successfully handled by Al Rajhi Capital. The company is authorized by the Capital Market Authority to provide investment services in the region. No matter whether you want to invest in stocks or mutual funds, they have got you covered.

Expense Ratio

Asset Class

Multi Asset

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Income

Risk Level

High

Minimum Subscription

1000

Subscription charges

Management fees

1.25%

Leverage

Launched Date

2010/09/30

Fund Managers

Al Rajhi Capital

Fund Manager

FAQs about Al Rajhi Monthly Distribution Fund

What is the return associated with Al Rajhi Monthly Distribution Fund?

Al Rajhi Monthly Distribution Fund provides desirable returns to investors on their investments. Nevertheless, it is crucial to analyze the fund's performance before moving ahead with the investment.

What is the risk related to the Al Rajhi Monthly Distribution Fund?

Al Rajhi Monthly Distribution Fund is a low-risk fund. This states that a fund is an ideal option for such people who wish to earn optimal returns on their investments.

What is the minimum amount fixed for investing in the Al Rajhi Monthly Distribution Fund?

The minimum value one must have when investing in the Al Rajhi Monthly Distribution Fund is SAR 1000. This amount defines the smallest value an investor invests in purchasing the minimal fund's shares.

What is the Annual Management Fee of the Al Rajhi Monthly Distribution Fund?

The annual management cost of the Al Rajhi Monthly Distribution Fund is 1.25%. By making this payment, traders get access to professional services.

What type of fund is Al Rajhi Monthly Distribution Fund?

Al Rajhi Monthly Distribution Fund is an open-ended fund. This states that the fund is highly liquid in nature and enables investors to purchase the fund's units without any limitations.

Who manages the Al Rajhi Monthly Distribution Fund?

Al Rajhi Monthly Distribution Fund is handled by Al Rajhi Capital. The company is widely recognized for its outstanding investment and asset management services.