Alkhair Capital Saudi Equity Fund

Since its inception in 2013, this mutual fund has become the most preferred investment option among traders. The starting per unit price of the fund on a listing day was 10.00, which kept on rising over time in Saudi Arabia. Investing in this open-ended fund is hassle-free as it does not come with a lock-in period. The traders can invest in this fund on a working day in Tadawul. 

The fund aims to help investors in gaining colossal profits from their investments in the long run. The fund managers of this fund ensure to invest in Shariah-compliant equities registered on the Saudi Stock Exchange. In addition to this, they also invest in several other units of traded funds that offer great returns. 

With the management cost of 0.25%, this fund deducts some amount from the investor’s profit to make the payment to the fund managers who handle their portfolio and make the investment on their behalf. These fund managers use their years of experience and wisely select such funds for investment that are Shariah-compliant and meet the Shariah guidelines.