Al Rajhi Msci Saudi Multi Factor Index Funds

  • No items found.
  • Rate
    4.90
SAR 15.9234
NAV (Feb 3, 2023)
+0.65%
NAV (Feb 3, 2023)
Historical NAV
0.65%
NAV (Feb 3, 2023)
+0.75%
1D
Mutual fund graph
  • 1D
  • 5D
  • 1M
  • 3M
  • 1Y
  • 3M
  • 5Y
  • 10Y
  • All
Fund Returns
Last 1Y
5.89%
YTD
0.6%
Last 3Y
46.56%
Last 3 months
-16.57%
Last 5Y
%
CAGR Month 6

About Al Rajhi MSCI Saudi Multi-Factor Index Fund

Investment Objective

A high-risk fund, Al Rajhi MSCI Saudi Multi-Factor Index Fund, was established by a collaboration of Al Rajhi Capital firm and the unitholders associated with the fund. Al Rajhi Capital is a fully owned subsidiary of the banking firm Al Rajhi Banking.

With the beginning of the operation on 20th January 2019, the fund gained immense traction in the mutual fund market. This Al Rajhi Index fund motive is to help investors accomplish a mid to long-tenure wealth appreciation by analyzing MSCIs Saudi Multi Factor Index's performance that corresponds to the Shariah Boards regulations.

The fund aspires to accomplish performance comparable to the standard by employing a passive management strategy in which the fund trades in the benchmark's member businesses based on their ratings. It is the job of the fund managers to manage the overall activities of the fund. They can also get in touch with other corporations to manage the investment or any additional administrative charges on the fund's behalf.

These fund managers are paid fees for their hard work and services by the fund at the end of the year. This charge is derived at 1% per annum from the total asset worth at every valuation date.

Expense Ratio
0.3%
Asset Class
Equity
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Growth
Risk Level
High
Minimum Subscription
0
Subscription charges
0
Management fees
1
Leverage
0
Launched Date
2010/09/30

Fund Managers

Al Rajhi Capital
Fund Manager

FAQs about Al Rajhi MSCI Saudi Multi-Factor Index Funds

What Kind of Returns does Al Rajhi MSCI Saudi Multi-Factor Index Funds?

toggle arrow

Al Rajhi MSCI Saudi Multi-Factor Index Funds offer a reasonable return on investment made by traders.

How risky is the Al Rajhi MSCI Saudi Multi-Factor Index Funds?

toggle arrow

Al Rajhi MSCI Saudi Multi-Factor Index Fund is a high-risk investment. Thus, before making any investment, traders must take into account certain factors that may impact their financial decisions.

What minimum amount must you invest in the Al Rajhi MSCI Saudi Multi Factor Index Funds?

toggle arrow

Al Rajhi MSCI Saudi Multi-Factor Index Fund's minimum amount decided by the fund managers is 2000 SAR. Any investor can start their investment journey with this fund if they have this value in their pockets.

What is the average Annual Management Fee of Al Rajhi MSCI Saudi Multi Factor Index Funds?

toggle arrow

The annual management fee of Al Rajhi MSCI Saudi Multi-Factor Index Fund is 1%. This is the minimum value a fund manager charges for their hard work and dedication.

What is the Fund Type of Al Rajhi MSCI Saudi Multi Factor Index Funds?

toggle arrow

Al Rajhi MSCI Saudi Multi-Factor Index Fund is an open-ended fund. This implies that the fund merges crucial components of the liquidity to an investor's account.

Who manages the Al Rajhi MSCI Saudi Multi Factor Index Funds?

toggle arrow

Al Rajhi MSCI Saudi Multi-Factor Index Fund is managed by Al Rajhi Capital. The organization aims to meet the growing requirements of traders in Saudi Arabia.

What is the Al Rajhi MSCI Saudi Multi Factor Index Fund's goal?

toggle arrow

The primary objective of this Al Rajhi fund is to earn capital appreciation by analyzing the performance of the MSCI Saudi Equity fund in the long run.

What is the expense ratio of the Al Rajhi MSCI Saudi Multi Factor Index Funds?

toggle arrow

The expense ratio of this Al Rajhi fund is 0.3%. This implies that traders must pay a certain amount to the fund managers.

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

Similar Funds to Al Rajhi MSCI Saudi Multi Factor Index Funds

SAR 16.8707
NAV
0.64%
EXPENSE RATIO
86.3%
Positive
RETURNS (5 Years)
SAR 15.9234
NAV
0.3%
EXPENSE RATIO
N/A
Positive
RETURNS (5 Years)
SAR 964.4807
NAV
0.63%
EXPENSE RATIO
129.62%
Positive
RETURNS (5 Years)
SAR 21.5406
NAV
0.63%
EXPENSE RATIO
111.11%
Positive
RETURNS (5 Years)
SAR 235.7655
NAV
0.66%
EXPENSE RATIO
114.61%
Positive
RETURNS (5 Years)
USD 291.6898
NAV
0.56%
EXPENSE RATIO
25.41%
Positive
RETURNS (5 Years)
SAR 118.0695
NAV
0.16%
EXPENSE RATIO
12.57%
Positive
RETURNS (5 Years)
Link copied to clipboard