AlWatani Saudi Equity Fund

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4.90

SAR 10.7324

NAV (Apr 1, 2023)

+2.9656%

NAV (Apr 1, 2023)

Historical NAV

2.9656%

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

N/A

YTD

10.64%

Last 3Y

N/A

Last 3 months

4.21%

Last 5Y

N/A

About AlWatani Saudi Equity Fund

Investment Objective

An open-ended equity fund, AlWatani Saudi Equity Fund is handled by Watani Wealth Management which is a part of the National Bank of Kuwait in Saudi Arabia. This equity fund was created by the Investment Fund Regulations released by the Capital Market Authority.

The fund aims to accomplish capital appreciation by making investments in a broad range of portfolios registered on the Saudi exchange market. It aims to surpass its standards and offer greater yields to the shareholders. However, the returns are not distributed among the shareholders and rather reinvested in other capital gains.

This high-risk fund is best suited for such individuals who are ready to expose their portfolio in the share market. These investors must possess immense knowledge about the market before trying their hands on the Saudi Arabia share market. They must be well-versed with all the ins and outs of the fund and keep constant track of the fund’s performance. This may help them make an informed investment decision and walk on the right path.

Expense Ratio

0.0017%

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Capital Preservation

Risk Level

Low

Minimum Subscription

10000

Subscription charges

Management fees

0.0045%

Leverage

Launched Date

2010/09/30

Fund Managers

NBK Wealth Management

Fund Manager

FAQs about AlWatani Saudi Equity Fund

What Kind of Returns does AlWatani Saudi Equity Fund have?

AlWatani Saudi Equity Fund is known for offering profitable returns on investments made by traders. However, it’s essential to plan your investment for higher durations.

How risky is the AlWatani Saudi Equity Fund?

AlWatani Saudi Equity Fund is a high-risk fund that demands investors remain updated with the latest market trends. They must keep track of the fund’s performance when planning to invest in this fund.

What minimum amount is needed for investing in the AlWatani Saudi Equity Fund?

The minimum amount needed for investing in the AlWatani Saudi Equity Fund is SAR 2000. The fund managers have ensured to keep the value moderate so that it doesn’t get hard on the investor’s pockets.

What is the average Annual Management Fee of AlWatani Saudi Equity Fund?

The annual management cost of the AlWatani Saudi Equity Fund is 1%. This value is derived from the asset allocation.

What is the Fund Type of AlWatani Saudi Equity Fund?

AlWatani Saudi Equity Fund is an open-ended fund that enables traders to make investments as per their wish, as the fund doesn’t come with any lock-in period.

Who manages the AlWatani Saudi Equity Fund?

AlWatani Saudi Equity Fund is managed by NBK Wealth Management. The company strives hard to fulfill the investment needs of the investors.

What is the AlWatani Saudi Equity Fund's Goal?

The foremost objective of the AlWatani Saudi Equity Fund is to gain revenue in the long run by investing in securities that are based on Shariah guidelines.