Blom Fund Of Reits Fund

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4.90

SAR 111.568

NAV (Apr 1, 2023)

-13.99%

NAV (Apr 1, 2023)

Historical NAV

-13.99%

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

-6.32%

YTD

-0.91%

Last 3Y

35.57%

Last 3 months

5.79%

Last 5Y

N/A

About Blom Fund Of Reits Fund

Investment Objective

Since its inception, Blom Fund Of Reits Fund has been prominent in Saudi Arabia owing to the returns it offers on investment. Established in the year 2018, this fund is handled by Blominvest Saudi Arabia. The company is registered by the Saudi Capital Market Authority for providing its exceptional services in the Middle East region.

This high-risk fund comes with several levels of risk based on the portfolio and the motive of the fund. Investors planning to invest in this fund must first analyze their risk tolerance before moving ahead with the investment. Though it is a high-risk investment, it does offer higher returns if the investment is made for at least 5-7 years.

This open-ended fund focuses on gaining wealth appreciation in the medium to long term by making the investment in the registered Sharia-compliant REITs that professional managers handle. Along with this, the fund also invests in IPOs of REITs that are constantly associated with the fund. In case the fund makes an investment in professionally managed REIT funds, such investment will not require paying management costs.

Expense Ratio

0.0024%

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

Fund Objective

Growth

Risk Level

High

Minimum Subscription

10000

Subscription charges

0.02%

Management fees

0.005%

Leverage

Launched Date

2010/09/30

Fund Managers

Blominvest Saudi Arabia

Fund Manager

FAQs about Blom Fund Of Reits Fund

What Kind of Returns does Blom Fund Of Reits Fund?

Blom Fund Of Reits Fund is known for offering out-of-the-box returns to traders who plan to invest in this fund for a significant period of time.

How risky is the Blom Fund Of Reits Fund?

Blom Fund Of Reits Fund is a high-risk fund. This implies that this fund is ideal for such investors whose risk appetite is high and who are ready to expose their portfolio in the market.

What is the minimum amount that you need to invest in the Blom Fund Of Reits Fund?

The minimum amount required to invest in this Blom Fund Of Reits Fund is SAR 1,00,000. As the amount is enormous, it's essential for investors to consider their budget before moving ahead with the investment in this fund.

What is the average Annual Management Fee of Blom Fund Of Reits Fund?

The annual management cost of Blom Fund Of Reits Fund is 0.8%. By making this payment, the investors get access to expert advice.

What is the Fund Type of Blom Fund Of Reits Fund?

Blom Fund Of Reits Fund is an open-ended fund that implies investors can trade the units of the fund on any working day.

Who manages the Blom Fund Of Reits Fund?

Blom Fund Of Reits Fund is handled by Blominvest Saudi Arabia. Authorized by the Capital Market Authority, the firm is known for offering avant-garde asset management services.