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.
Blom Saudi Arabia Fund is known for providing desirable yields to investors when they invest for an extended period of time.
Blom Saudi Arabia Fund is a high-risk fund that requires individuals to analyze their risk appetite before moving ahead with the investment.
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.
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.
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.
Blom Saudi Arabia Fund is handled by Blominvest Saudi Arabia. The company is widely recognized for offering exceptional investment services.
The primary objective of Blom Saudi Arabia is to gain capital income in the long run by investing in equities that offer great returns.
The expense ratio of this Saudi Arabia fund is 1.08%. The investors require to pay this amount to fund managers.