An open-ended fund, Bmk Saudi Equity Fund is a renowned equity fund in Saudi Arabia. Since its inception, the fund has been offering extraordinary returns to investors. However, they must plan their investment in a proper way so that they can earn desired output. Moreover, they should have excellent knowledge about the market so that they do not commit any mistakes.
The fund charges a minimal management cost of 0.61% from investors. This fee is deducted from almost all the funds. The motive behind deducting this value from the profit of investors is to make the payment to expert professionals who work on the client's behalf. These professionals ensure to purchase such securities units that offer great returns in the long run.
In addition to this, the fund also charges an expense ratio annually to manage the fund's activity seamlessly. In simple terms, this cost involves the per-unit cost of handling the mutual fund. Being open-ended in nature, the fund allows investors to purchase the units of the funds on any working day without any hassle.
Bmk Saudi Equity Fund offers exceptional returns on the investment made by traders. Nonetheless, they must invest for at least 5 years to reap benefits.
Bmk Saudi Equity Fund is a high-risk fund. Hence, investors must check their risk appetite before moving ahead with the investment.
The minimum value required for investing in the Bmk Saudi Equity Fund is SAR 2000. This is the amount fixed by fund managers.
The annual management cost of Bmk Saudi Equity Fund is 0.61%. This is the minimum value that the fund charges for its expert services.
Bmk Saudi Equity Fund is an open-ended fund that lets investors invest in their desired funds at any time and from anywhere.
Bmk Saudi Equity Fund is handled by Bait Al Mal Al Khaleeji. The firm is known for offering outstanding investment services to its consumers in the Middle East.
Bmk Saudi Equity Fund's goal is to earn income in the long run by investing in Shariah-compliant funds.
The expense ratio of the Bmk Saudi Equity Fund is 0.61%. This is the amount charged by the investors annually.