Alpha Saudi Equity Fund

  • No items found.
  • Rate
    1.20
SAR 22.1799
NAV (Feb 2, 2023)
+9.97%
NAV (Feb 2, 2023)
Historical NAV
9.97%
NAV (Feb 2, 2023)
+0.75%
1D
Mutual fund graph
  • 1D
  • 5D
  • 1M
  • 3M
  • 1Y
  • 3M
  • 5Y
  • 10Y
  • All
Fund Returns
Last 1Y
18.71%
YTD
10.81%
Last 3Y
103.07%
Last 3 months
-10.69%
Last 5Y
%
CAGR Month 6

About Alpha Saudi Equity Fund

Investment Objective

Since its inception in the year 2018, Alpha Saudi Equity Fund is an open-ended fund whose subscription fee is discretionary up to 2.0%. The valuation days for this fund are Mondays and Wednesdays, and the cut-off time is 12:00 PM on every valuation day.

Managed by Alpha Capital Saudi Arabia, this fund invests in a diverse portfolio of Sharia-laws firms listed on the Saudi Stock Exchange. A portion of the fund's assets may also be invested in relatively brief Murabaha ventures. 

The fund manager systematically carries out the investments, considering local and regional macroeconomic factors. Similarly, they use a range of analytical research based on multi-stage processes to classify excellent prospects highly prized at below their fair market value. This allows them to provide additional value to Alfa Financial customers. 

These methods are supported by implementing best practices in governance and risk management and the notion of uniting the businesses and its customers' mutual interests. If you are all set to invest in this fund and looking for a platform, Nakla is your one-stop solution. The app makes the investing process seamless and helps the investor make a wise investment decision.

Expense Ratio
0.68%
Asset Class
Equity
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Growth and Income
Risk Level
High
Minimum Subscription
0
Subscription charges
2
Management fees
1.45
Leverage
0
Launched Date
2010/09/30

Fund Managers

Al Rajhi Capital
Fund Manager

FAQs about Alpha Saudi Equity Fund

What Kind of Returns does Alpha Saudi Equity Fund Provide?

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Alpha Saudi Equity Fund came into existence in the year 2018, and from then, the fund has been known to provide a reasonable return to its investors. As per the past performance, this fund provides a return of 18.14% YTD.

How risky is the Alpha Saudi Equity Fund?

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When talking about the risk, Alpha Saudi Equity Fund is said to be a high-risk fund. However, remember that this Alpha Saudi Equity Fund offers higher returns when invested for a longer tenure. This is mainly because most of the shares are of organizations in the growth stage.

What minimum amount is needed to invest in the Alpha Saudi Equity Fund?

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The minimum amount required to invest in the Alpha Saudi Equity Fund is SAR 10,000. This fund establishes these minimal quantities to prevent minor, brief trades from impacting cash flows and the fund's regular management.

What is the Average Annual Management Fee of Alpha Saudi Equity Fund?

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The Average Annual Management Fee of Alpha Saudi Equity Fund is 1.45%. In return for this, the investors are given access to investing experts' capabilities and expertise. Professionals may assist investors with risk allocation, portfolio rebuilding, and customized investment guidance.

What is the Fund Type of Alpha Saudi Equity Fund?

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Alpha Saudi Equity Fund is an open-ended fund. This implies that investors often do not require considerable money to invest in an open-end fund. This provides access to funds to investors of all levels.

Who manages the Alpha Saudi Equity Fund?

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Alpha Saudi Equity Fund is handled by Alpha Capital Company. Every financial strategy they provide is customized to meet the needs of each client, which are often complicated.

What is the Alpha Saudi Equity fund's goal?

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Alpha Saudi Equity fund's goal is to deliver mid to long financial opportunities to invest in Saudi listed shares. The fund's assets are invested in a diverse range of Shariah-compliant firms listed on the Saudi Stock Exchange. A proportion of the fund's assets may also be invested in brief Murabaha investments.

What is the expense ratio of the Alpha Saudi Equity Fund?

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The expense ratio of the Alpha Saudi Equity Fund is 0.68%. This ratio is the proportion of assets paid to the fund management as the maintenance charge (i.e., AMC).

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

Funds Similar to Alpha Saudi Equity Fund

SAR 22.1799
NAV
0.68%
EXPENSE RATIO
N/A
Positive
RETURNS (5 Years)
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