Albilad Kuwait Equity Fund is a high-risk fund that was established in the year 2006. The fund has garnered immense attention from investors. All thanks to its performance and the returns it offers on the investment. Being a high-risk fund, this fund is best suited for such individuals who are ready to expose their accounts to high instability.
This open-ended fund helps investors achieve their goals of earning high returns on their investments. The fund invests in top-rated assets and equities registered on the Kuwait stock exchange that provide excellent yields. However, it's important to remain invested for a longer tenure to get your desired returns.
With the management fee of 1.75%, the fund managers charge the base amount as their fees for putting their efforts and time into managing the account on the investor's behalf. These financial advisors have the full authority to make financial decisions on the client's behalf. However, it's essential for them to be in sync with the clients so that they do not require any approval for trading from them. The cost is generally calculated depending on the asset under management.
Albilad Kuwait Equity Fund is known for offering decent returns on investments made by investors. When investing in this fund, expect to get a return of 12.13% YTD.
Albilad Kuwait Equity Fund is a high-risk fund. Hence, those looking for high returns may opt to invest in this fund.
The minimum amount fixed by the fund managers to invest in this fund is 800 KWD. Any investor can start investing with just this value and earn profits.
The annual management fee of Albilad Kuwait Equity Fund is 1.75%. The investors must pay this value to the financial advisors for successfully handling the investment on their behalf.
Albilad Kuwait Equity Fund is an open-ended fund. This fund enables the investors to enter and exit as per their will.
Albilad Kuwait Equity Fund is managed by ALBILAD Investment Co, which is a prominent investment firm in Saudi Arabia.
The major objective of Albilad Kuwait Equity Fund is to gain capital appreciation by investing in top organizations' shares listed on the Kuwait Share market for a longer tenure.
The expense ratio of the Albilad Kuwait Equity Fund is 0.63%. This is the cost charged by the fund for handling your money seamlessly.