Alistithmar Capital Freestyle Saudi Equity Fund is a high-risk fund that came into existence on 15th November 2021. It is an open-ended fund and has turned out to be a preferable option for most investors. As this fund doesn’t come with a lock-in period, investors can make the transaction with utmost ease.
With the subscription charge of 1%, the minimum amount set for investing in this fund is 5000 SAR. Any investor who wants to invest in this fund must start their investment with a minimum of the stated value. Also, the expense ratio of the fund is 0.54%. Hence, the investors need to pay a certain amount of their profit to the fund managers for handling their funds.
This Capital Freestyle Saudi Equity Fund is successfully handled by Alistithmar for Financial Securities and Brokerage. The company is widely recognized for offering several investment services to its customers all across Saudi Arabia. They ensure to meet the financial needs of their investors and make their investment journey hassle-free.
Alistithmar Capital Freestyle Saudi Equity Fund provides reasonable returns on the investment made by traders.
Alistithmar Capital Freestyle Saudi Equity Fund is a high-risk fund. Hence, investors who are ready to take more risks to earn more profits can opt for this fund.
The minimum amount required for making investment in the Alistithmar Capital Freestyle Saudi Equity Fund is 5,000 SAR. The fund managers set this amount to cover the operational costs.
The management fee of Alistithmar Capital Freestyle Saudi Equity Fund is 1.75 percent. The investors must pay this amount to the fund managers for handling their accounts.
Alistithmar Capital Freestyle Saudi Equity Fund is an open-ended fund. Hence, the investors get the advantage of buying and redeeming the units on their desired working day.
Alistithmar Capital Freestyle Saudi Equity Fund is managed by Alistithmar for Financial Securities and Brokerage. They are popularly known for offering asset management services and investment services.
Alistithmar Capital Freestyle Saudi Equity Fund’s objective is to gain profit on the investment over the long tenure by investing in funds based on Shariah guidelines.
The expense ratio of the Alistithmar Capital Freestyle Saudi Equity Fund is 0.54%. This amount is the proportion of the investment you pay to the fund managers to manage your money.