Since its inception in April 1995, ALAHLI Saudi Riyal Trade Fund is a well-known mutual fund in Saudi Arabia. The fund comes with low risk allowing the investors to invest without any tension of facing huge losses. By investing in this fund, their portfolio is not exposed to the market. Hence, this fund is best suited for investors who do not have sufficient knowledge about the mutual fund market.
This open-ended fund is successfully handled by SNB Capital. The firm is known for offering detailed asset management services based on your objectives, risk appetite, and investment objectives to meet your requirements. They provide vast solutions to investors that exceed their expectations.
The best part of investing in this fund is that they do not charge any annual fees from the investors. Hence, investors can invest in this fund without worrying about giving a part of their profit to fund managers. Moreover, the fund is valued every Saudi business day.
ALAHLI Saudi Riyal Trade Fund offers reasonable returns on investments made by traders. Nevertheless, investors must check out the past fund's performance before proceeding with the investment.
ALAHLI Saudi Riyal Trade Fund is a low-risk fund. This implies that the fund comes with low volatility, which is best for investors with lower risk tolerance levels.
The minimum amount fixed for investing in the ALAHLI Saudi Riyal Trade Fund is SAR 5000. This amount is fixed by the fund managers to make sure they have sufficient assets under management.
The annual management cost of ALAHLI Saudi Riyal Trade Fund is 0.65%. This cost covers several expenses comprising advisory services or administrative expenses.
ALAHLI Saudi Riyal Trade Fund is an open-ended fund that states that investors can purchase the fund's units at any time without any hassle.
ALAHLI Saudi Riyal Trade Fund is managed by SNB Capital. The company is known for offering outstanding services to consumers.
The fundamental goal of ALAHLI Saudi Riyal Trade Fund is to offer capital preservation by investing in Shariah-compliant funds.
The expense ratio of the ALAHLI Saudi Riyal Trade Fund is 0%. This amount is paid annually to fund managers.