Blom Saudi Arabia Fund

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4.90

SAR 2672.68

NAV (Apr 1, 2023)

+4.57%

NAV (Apr 1, 2023)

Historical NAV

4.57%

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

3.65%

YTD

4.13%

Last 3Y

64.3%

Last 3 months

-0.43%

Last 5Y

101.19%

About Blom Saudi Arabia Fund

Investment Objective

Blom Saudi Arabia Fund has gained immense popularity in the Saudi Arabia region since its commencement in the year 2011. The primary motive of the fund is to earn income in the long tenure, majorly by investing in equities registered on the Tadawul. The investment is done directly or via other investment schemes developed under the rules set by the Kingdom, with a significant focus on investment in securities registered on the Tadawul.

The fund is handled by expert professionals who possess years of knowledge in this arena and ensure to invest in securities that deliver high returns. However, as the fund comes with high risk, investors must go through the fund's data thoroughly before making a final investment decision.

As the minimum amount set for making the investment is highly pocket-friendly, investors can begin their journey without getting hard on their pockets. However, they must decide whether they want to opt for SIP or go for a lump sum payment mode. Moreover, the investors get the benefit of purchasing the units on any working day.

Expense Ratio

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

Fund Objective

Growth

Risk Level

High

Minimum Subscription

10000000

Subscription charges

0.02%

Management fees

0.008%

Leverage

Launched Date

2010/09/30

Fund Managers

Blominvest Saudi Arabia

Fund Manager

FAQs about Blom Saudi Arabia Fund

What are the returns associated with Blom Saudi Arabia Fund?

Blom Saudi Arabia Fund is known for providing desirable yields to investors when they invest for an extended period of time.

How risky is the Blom Saudi Arabia Fund?

Blom Saudi Arabia Fund is a high-risk fund that requires individuals to analyze their risk appetite before moving ahead with the investment.

What minimum amount must you have to invest in the Blom Saudi Arabia Fund?

The minimum amount needed to invest in the Blom Saudi Arabia Fund is SAR 1000. Any investor willing to invest in this fund must have this value in their account, as they cannot invest below this amount.

What is the average Annual Management Fee of Blom Saudi Arabia Fund?

The annual management cost of Blom Saudi Arabia Fund is 1.5%. The fund demands this value from the investors to make payments to the fund managers.

What is the Fund Type of Blom Saudi Arabia Fund?

Blom Saudi Arabia Fund is an open-ended fund. This implies that it doesn't come with any lock-in period, and investors can make the purchase and trade as per their will.