Alinma Enayah Endowment Fund

No items found.
4.90

12.5246

NAV (Jun 6, 2023)

+3.76%

NAV (Jun 6, 2023)

Historical NAV

NAV (06 Jun 2023)

NO DATA FOUND

Fund Returns

Last 1Y

9.73%

YTD

8.88%

Last 3Y

N/A

Last 3 months

1.7%

Last 5Y

N/A

About Alinma Enayah Endowment Fund

Investment Objective

The Alinma Enayah Endowment Fund is a renowned investment fund developed under Alinma Investment. The company is a top-rated investment organization in Saudi Arabia that aims to provide investors with a myriad of opportunities to invest in a wide range of Sharia-compliant securities. They are equipped with highly efficient fund managers who are responsible for taking complete care of the fund's activities.

The minimum amount fixed for investing in this open-ended fund is SAR 10,000. Anyone willing to invest in this fund can begin their journey with the stated amount. However, they cannot invest any amount below the given value as the fund managers have fixed it as the minimum amount. The most essential part of investing in this fund is that investors get the option of buying and selling the fund units on a regular basis.

With the management fee fixed at 1.5% per annum, the fund activities are successfully handled by highly proficient managers. They conduct thorough research before finalizing any securities for making any investment.

Expense Ratio

0.33%

Asset Class

Multi Asset

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

High

Minimum Subscription

1000

Subscription charges

Management fees

Leverage

Launched Date

2010/09/30

Fund Managers

Alinma Investment

Fund Manager

FAQs about Alinma Enayah Endowment Fund

What Kind of Returns does Alinma Enayah Endowment Fund offer?

Alinma Enayah Endowment Fund offers desirable returns on investment. Nevertheless, traders must analyze the fund's performance before moving ahead with the investment.

How risky is the Alinma Enayah Endowment Fund?

Alinma Enayah Endowment Fund is a high-risk fund. Thus, this fund is an ideal investment option for people with a high-risk appetite.

What is the minimum amount that you need to invest in the Alinma Enayah Endowment Fund?

The minimum amount required for investing in the Alinma Enayah Endowment Fund is SAR 1000. The amount is kept low and hence suits both novice and experienced investors.

What is the average Annual Management Fee of Alinma Enayah Endowment Fund?

The annual management fee of the Alinma Enayah Endowment Fund is 0%. This implies that the fund doesn't demand any fees for handling the client's portfolio.