Albilad GCC Equity Income Fund

Albilad GCC Equity Income Fund started its operation in 2014. And since then, it has managed to gain the investor's attention in Saudi Arabia. All thanks to the returns it offers to people on the investment made. The fund is known for providing excellent returns in the long run. However, you may not get the desired returns on your investment when investing for a short duration. 

This open-ended fund comes with high risk indicating that investors to make the investment only when they feel they have a high-risk tolerance. Investors need to keep track of the fund's performance on a regular basis. But they can do this only if they possess detailed knowledge of the Saudi financial market. 

This GCC Equity Income fund aims to invest in equities based on Shariah guidelines and provide excellent yields in a longer timeframe. After that, the fund managers distribute the profit among the unitholders based on their understanding of the funds. 

With management fees of 1.75%, the investors require to pay this amount to the fund managers for handling their portfolio on their behalf. Investors can start investing in this fund with a minimum amount of 5000 SAR. When it comes to valuation and announcement days, the fund is valued on Sunday and Wednesday. Similarly, the announcement for the fund is made on Monday and Thursday.