Albilad Saudi Equity Income Fund was established in the year 2012. The fund aims to grow its capital gains by investing in securities and assets based on Shariah guidelines. The profits made on the investment are later distributed among the unit holders by the fund managers on time to time basis. It is the fund manager who decides, based on their understanding, how many units should be distributed.
All the fund activities are supervised by ALBILAD Investment Co. This is a renowned firm in Saudi Arabia whose vision is to exceed the expectations of its clients by offering them out-of-the-box investment services. The fund managers charge a minimal amount of 1.5% as the management fee for giving their time and effort in handling the portfolio of the clients.
This high-risk fund comes with a subscription fee of 1.0 percent. Investors can start their investment with as low as 5000 SAR. They can make a decision whether they wish to invest in SIP or make a lumpsum investment. However, it's advisable to invest for a longer tenure since it is a high-risk fund.
Albilad Saudi Equity Income Fund offers a reasonable return investment made by investors. It can be beneficial to invest for a longer duration to reap its benefits.
Albilad Saudi Equity Income fund is a high-risk fund. Hence, it can be a preferable option for investors looking to diversify their portfolios.
5000 SAR is the minimum amount set when it comes to investing in the Albilad Saudi Equity Income Fund.
The annual management fee of Albilad Saudi Equity Income Fund is 1.5%. The traders must pay yearly fees to the fund managers for handling their accounts.
Albilad Saudi Equity Income Fund is an open-ended fund that allows people to purchase units at their desired time.
Albilad Saudi Equity Income Fund is handled by ALBILAD Investment Co, which is a renowned firm in the Middle East.
Albilad Saudi Equity Income Fund's primary objective is to gain capital appreciation by investing in Shariah-compliant funds. Later, the profit is distributed from time to time to the investors.
The expense ratio of the Albilad Saudi Equity Income Fund is 0.53%. This ratio indicates the proportion of your investment used for managing the funds.