Al Rajhi Multi Asset Balanced Fund

No items found.
4.90

11.521

NAV (Jun 6, 2023)

+3.95%

NAV (Jun 6, 2023)

Historical NAV

NAV (06 Jun 2023)

NO DATA FOUND

Fund Returns

Last 1Y

0.48%

YTD

-0.36%

Last 3Y

17.01%

Last 3 months

1.1%

Last 5Y

25.28%

About Al Rajhi Multi Asset Balanced Fund

Investment Objective

Al Rajhi Multi Asset Balanced Fund came into existence in the month of November 1998. This low-risk fund was created under the consent between Al Rajhi Capital and traders in the fund. It is an open-ended fund allowing investors to enter and exit the fund without any restrictions. It doesn’t come with any lock-in period making the investment hassle-free for people.

This open-ended fund is created to merge between low to medium-risk investments for investing in assets as per the Islamic laws via investing in other funds. The profit is then reinvested back into the fund, which may have an impact on the worth and cost per unit.

The expert professionals of the fund are responsible for handling the fund's activities. They can connect with other institutions or administrative services on behalf of the fund to make the investment. They majorly invest in Al Rajhi funds and offer excellent liquidity to traders.

Expense Ratio

0.02%

Asset Class

Multi Asset

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

Low

Minimum Subscription

7500

Subscription charges

Management fees

Leverage

Launched Date

2010/09/30

Fund Managers

Al Rajhi Capital

Fund Manager

FAQs about Al Rajhi Multi Asset Balanced Fund

What Kind of Returns does Al Rajhi Multi Asset Balanced Fund?

Al Rajhi Multi Asset Balanced Fund is recognized for offering 4.66% returns since its inception. As it is a low-risk fund, individuals get nominal returns on their investments.

How risky is the Al Rajhi Multi Asset Balanced Fund?

Al Rajhi Multi Asset Balanced Fund is a low-risk fund. This fund is ideal for risk-averse investors who wish to gain secure profits.

What minimum amount must you invest in the Al Rajhi Multi Asset Balanced Fund?

The minimum amount needed for investing in the Al Rajhi Multi Asset Balanced Fund is SAR 7500. This implies that an investor needs to invest at least this value as they cannot invest any value they wish.

What is the Annual Management Fee of Al Rajhi Multi Asset Balanced Fund?

The annual management fee of Al Rajhi Multi Asset Balanced Fund is 0%. This states that the fund doesn't charge any value for handling the client's portfolio.

What is the Fund Type of Al Rajhi Multi Asset Balanced Fund?

Al Rajhi Multi Asset Balanced Fund is an open-ended fund. This enables investors to redeem the fund's units seamlessly.

Who manages the Al Rajhi Multi Asset Balanced Fund?

Al Rajhi Multi Asset Balanced Fund is successfully handled by Al Rajhi Capital. It ranks amongst the top asset managers in Saudi Arabia.

What is the Al Rajhi Multi Asset Balanced Fund's Goal?

The primary objective of the Al Rajhi Multi Asset Balanced Fund is to gain long-tenure wealth appreciation by investing in Shariah-compliant securities.

What is the expense ratio of the Al Rajhi Multi Asset Balanced Fund?

0.02% is the expense ratio of the Al Rajhi Multi Asset Balanced Fund. this value refers to the expenses done in managing the fund, which traders need to pay.

Investment Calculator

SAR 5000 per month

Over the past