Al Saffa Saudi Equity Trading Fund came into existence on 17th July 2005. The fund was created with the aim to help investors grow their revenue in the medium to long run by investing in equities and securities based on Shariah guidelines. However, investing for a longer duration can be a wise decision for an investor as the fund may be volatile if the investment is done for a shorter period.
Since this is a high-risk investment, investors must be prepared for any losses that may occur, as the profit depends on how the market is functioning. Hence, investors must keep a close eye on the fund's performance and remain updated on market trends. They must ensure to go through fund details, check its past performance and then come to any decision.
With the subscription charge set at 3%, the minimum value set for investment is SAR 2000. This states that investors must start their investment journey with this value or more than this. Also, they must finalize whether they want to make a SIP investment or a lumpsum investment and make the transaction accordingly.
Al Saffa Saudi Equity Trading Fund offers exceptional returns on investments made by investors. Nevertheless, they must ensure to invest in for a longer duration.
Al Saffa Saudi Equity Trading Fund is a high-risk fund. Hence, this fund is ideal for such investors who possess immense knowledge about the share market.
The minimum amount you must have to invest in the Al Saffa Saudi Equity Trading Fund is 2000 SAR. The value is kept moderate, enabling anyone to invest in this fund seamlessly.
The Annual Management Fee of Al Saffa Saudi Equity Trading Fund is 1.75%. Investors paying this fee gain access to fund managers who handle their portfolios on their behalf.
Al Saffa Saudi Equity Trading Fund is an open-ended fund. Thus, you can purchase fund units on any working day.
Al Saffa Saudi Equity Trading Fund is handled by Saudi Fransi Capital. The company is highly popular among investors for its outstanding services.
The major motto of Al Saffa Saudi Equity Trading Fund is to gain wealth appreciation in the mid-long timeframe.
The expense ratio of the Al Saffa Saudi Equity Trading Fund is 1.9%. This implies that the investor must pay some charges to the fund managers to manage their profile.