Alawwal Periodical Income Fund

  • No items found.
  • Rate
    4.90
SAR 9.3387
NAV (Feb 2, 2023)
+2.65%
NAV (Feb 2, 2023)
Historical NAV
2.65%
NAV (Feb 2, 2023)
+0.75%
1D
Mutual fund graph
  • 1D
  • 5D
  • 1M
  • 3M
  • 1Y
  • 3M
  • 5Y
  • 10Y
  • All
Fund Returns
Last 1Y
5.78%
YTD
0.92%
Last 3Y
34.49%
Last 3 months
-3.8%
Last 5Y
33.73%
CAGR Month 6

About Alawwal Periodical Income Fund

Investment Objective

Established in the year 2012, Alawwal Periodical Income Fund is an open-ended fund with high risk. The investors get the option to purchase and withdraw the funds on any working day without any hassle. Being open-ended in nature, this fund is highly liquid and doesn’t come with a lock-in period. 

With the subscription charge of 0.5 percent, the minimum amount fixed to start the investment is 10,000 SAR. Depending on your budget and risk tolerance, you can decide whether to start SIP or make a lumpsum investment. The fund managers finalize this minimum value and consider various factors like operational costs, etc. 

This high-risk fund in Saudi Arabia charges 1.5% as the management fee from the investors for making the payment to the fund managers. These managers are highly trained and experienced and are well-versed with the market. Hence, they ensure to invest in such equity funds that provide reasonable yields on the investment.

The fund aims to make investments in such equities that are Shariah-compliant and are based on Shariah guidelines. The profit of the investment is distributed among the investors based on the fund manager’s discretion and understanding. The fund’s valuation and the announcement are made on a daily basis.

Expense Ratio
0.68%
Asset Class
Equity
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Growth and Income
Risk Level
High
Minimum Subscription
0
Subscription charges
0.5
Management fees
1.5
Leverage
0
Launched Date
2010/09/30

Fund Managers

Alawwal Capital Company
Fund Manager

FAQs about Alawwal Periodical Income Fund

What Returns do you get from Alawwal Periodical Income Fund?

toggle arrow

Alawwal Periodical Income Fund provides -13.61% YTD returns on the investment made by the investors in the Middle East.

How risky is the Alawwal Periodical Income Fund?

toggle arrow

Alawwall Income Fund is a high-risk fund. Thus, it is advisable for an investor to check their risk tolerance level and budget before investing in this fund.

What minimum amount do you need to invest in the Alawwal Periodical Income Fund?

toggle arrow

The minimum amount required to make an investment in the Alawwal Periodical Income Fund is 10,000 SAR. It’s essential for an investor who is planning to invest to maintain this balance when planning to invest in this fund.

What is the average Annual Management Fee of the Alawwal Periodical Income Fund?

toggle arrow

The annual management fee of this Periodical Income Fund is 1.5%. Investors need to pay this amount from their profit earned on the investment to the fund managers for handling their accounts.

What is the Fund Type of the Alawwal Periodical Income Fund?

toggle arrow

Alawwal Periodical Income Fund is an open-ended fund. Hence, an investor can purchase the units on any working day.

Who manages the Alawwal Periodical Income Fund?

toggle arrow

Alawwal Periodical Income Fund is handled by Alawwal Capital Company. The firm is highly popular in Saudi Arabia for meeting the investment needs of the people.

What is the Alawwal Periodical Income Fund’s goal?

toggle arrow

The major goal of the fund is to provide investors with a semi-annual profit via investing in Saudi-registered equities that are Shariah-compliant. The profit is then distributed to unit holders.

What is the expense ratio of the Alawwal Periodical Income Fund?

toggle arrow

The expense ratio of the Alawwal Periodical Income Fund is 0.68%. This ratio states the cost you must pay annually to the fund managers for successfully handling your funds.

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

Similar Funds to Alawwal Periodical Income Fund

SAR 9.3387
NAV
0.68%
EXPENSE RATIO
33.73%
Positive
RETURNS (5 Years)
SAR 31.7599
NAV
0.64%
EXPENSE RATIO
91.02%
Positive
RETURNS (5 Years)
Link copied to clipboard