Al YUSR SAR Morabaha Fund

No items found.
4.90

14.9074

NAV (Jun 6, 2023)

+4.57%

NAV (Jun 6, 2023)

Historical NAV

NAV (06 Jun 2023)

NO DATA FOUND

Fund Returns

Last 1Y

1.09%

YTD

0.98%

Last 3Y

2.58%

Last 3 months

0.51%

Last 5Y

7.11%

About Al YUSR SAR Morabaha Fund

Investment Objective

Al YUSR SAR Morabaha Fund is a well-known fund in Saudi Arabia when it comes to investing in low-risk fund. This is an open-ended fund that was developed by entering into a deal between the traders and Alawwal Invest organization, which is a subordinate of Alawwal Bank.

With its registered office in Riyadh, the fund activities are successfully handled by Alawwal Invest. The company has onboarded highly efficient money managers who ensure to make investments in such short-term securities that offer desirable returns. They work in sync with the clients and make decisions on their behalf.

The management cost of this Fund is fixed at 0.50%. The fund charges this amount from traders to make the payment to fund managers who handle their portfolios. Apart from this, the fund also sets a nominal rate as an expense ratio on an annual basis.

Expense Ratio

Asset Class

Money Market

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Income

Risk Level

Low

Minimum Subscription

5000

Subscription charges

Management fees

Leverage

Launched Date

2010/09/30

Fund Managers

Alawwal Invest

Fund Manager

FAQs about Al YUSR SAR Morabaha Fund

What is the Return associated with Al YUSR SAR Morabaha Fund have?

Al YUSR SAR Morabaha Fund is known for offering reasonable returns on investments made by traders. Nevertheless, investors must possess knowledge of the market.

What is the risk associated with Al YUSR SAR Morabaha Fund?

Al YUSR SAR Morabaha Fund is a low-risk fund. This implies that individuals are not exposed to great risk when investing in this fund.

What minimum amount must you invest in the Al YUSR SAR Morabaha Fund?

The minimum amount you must have when investing in the Al YUSR SAR Morabaha Fund is SAR 5000. This implies that investors must purchase the minimum quantity required.

What is the Annual Management Fee of the Al YUSR SAR Morabaha Fund?

The annual management cost of Al YUSR SAR Morabaha Fund is 0.50%. This amount is deducted from an individual's profit to pay to the investment professionals.

What is the Fund Type of Al YUSR SAR Morabaha Fund?

Al YUSR SAR Morabaha Fund is an open-ended fund. This implies that the fund doesn't come with any fixed maturity tenure.

Who manages the Al YUSR SAR Morabaha Fund?

Al YUSR SAR Morabaha Fund is managed by Alawwal Invest. The company is highly known for its investment solutions.

What is the Al YUSR SAR Morabaha Fund's objectives?

The fundamental goal of Al YUSR SAR Morabaha Fund is to attain consistent growth of the invested revenue while preserving the capital in the best way possible.