Since its inception in 2005, Albilad Pure Saudi Equity Fund has gained massive popularity in the Saudi Arabia market owing to its enormous returns on investment. This fund turned out to be an ideal option for such investors whose risk appetite is high and who are ready to expose their portfolio to gain higher returns.
The fund valuation is done on Sunday and Wednesday, and the announcement is made on Monday and Thursday. With a subscription charge of 2%, the minimum amount fixed for investing in this fund is 8000 SAR. Any investor can begin investing in this fund in either SIP or lumpsum mode with the stated minimum value.
The fund is entirely handled by ALBILAD Investment Co, which is a renowned investment firm in Saudi Arabia. The company aims to offer several investment services to the stakeholders to suffice their investment needs. The fund managers investing on the client's behalf charge a fee of 1.75% from the investors for their services.
Albilad Pure Saudi Equity Fund provides a return of 14% YTD. The investors must invest for a longer tenure to reap its benefits.
Albilad Pure Saudi Equity Fund is a high-risk fund that requires investors to analyze their investment objectives in the long run.
The minimum value required to invest in the Albilad Pure Saudi Equity Fund is 8000 SAR which is set by the fund managers.
The annual management fee of Albilad Pure Saudi Equity Fund is 1.75%. This amount is paid to the financial advisors for handling the investment.
Albilad Pure Saudi Equity Fund is an open-ended fund. This implies that the fund's units can be purchased and redeemed on any working day.
Albilad Pure Saudi Equity Fund is successfully handled by ALBILAD Investment Co. The company is known for meeting the requirements of investors by offering exceptional investment instruments based on Shariah guidelines.
The goal of Albilad Pure Saudi Equity Fund is to gain capital appreciation in the long run by investing in Sharia-compliant equities.
The expense ratio of the Albilad Pure Saudi Equity Fund is 0.49%. This ratio states the yearly percentage of the net assets of the fund.