Established on 28th April 2018, ALAHLI SEDCO Residential Development Fund is an open-ended fund that is managed by SNB Capital. Registered by Capital Market Authority, SNB Capital is widely famous for providing asset management services in Saudi Arabia. The firm aims to meet the financial requirements of the clients and helps them make wise investment decisions.
This high-risk real estate investment fund aims to help investors gain capital appreciation by investing in Shariah-compliant projects. Apart from this, the fund re-invests the remaining amount in cash for a shorter tenure. Later, the fund doesn't distribute the profits amongst the unit holders and invests it back in the fund.
The fund charges a minimal amount as the management fees for handling the portfolio of the clients on their behalf. They work in sync with the clients and ensure to wisely invest their funds, which helps them gain profit. However, if they make any significant decision, they must take the clients' approval before proceeding with the investment.
ALAHLI SEDCO Residential Development Fund offers decent returns on investments made by traders. However, investors must ensure to invest for a more extended period of time.
ALAHLI SEDCO Residential Development Fund is a high-risk investment. This implies that investors need to keep track of the fund's performance.
The minimum amount required for investing in the ALAHLI SEDCO Residential Development Fund is SAR 50,000.
The annual management fee of the ALAHLI SEDCO Residential Development Fund is 1%. This amount is paid to professionals who work on the client's portfolio.
ALAHLI SEDCO Residential Development Fund is an open-ended fund. This states that the fund units can be bought at their convenience.
ALAHLI SEDCO Residential Development Fund is managed by SNB Capital. The firm is recognized for offering asset management services.
The primary objective of the ALAHLI SEDCO Residential Development Fund is to gain capital income by investing in funds that are based on Shariah guidelines.
The expense ratio of the ALAHLI SEDCO Residential Development Fund is 0%. This implies that investors don't need to pay any annual charges.