Ensan Endowment Fund is a popular mutual fund in Saudi Arabia that is recognized for providing great returns on investment to traders. Managed by ALBILAD Investment Co., the fund activities are looked at by expert professionals. The firm is equipped with a highly professional team who aims at research and development with the motive of analyzing new investment opportunities and enhancing its investment strategies.
As the fund is open-ended in nature, it enables the users to make the transaction on any working day without any hassle. This simply means that investors can purchase and sell the shares as per their wish, as the fund offers them the flexibility of managing their holdings as required. Not only this, this fund invests in a variety of securities allowing the investors to spread their investment across multiple asset classes.
The fund has kept the minimum amount for making the investment at SAR 500. The amount is so low that it makes it easier for investors to make a wise investment decision. However, investors must keep in mind about the other expenses incurred while investing in this fund.
Ensan Endowment Fund provides exceptional returns to users who plan to invest in this fund. However, they must keep in mind to remain invested for a longer period of time.
Ensan Endowment Fund is a high-risk fund. Hence, individuals who are ready to bear the huge risks for gaining huge returns can go ahead investing in this fund.
The minimum amount needed for investing in the Ensan Endowment Fund is SAR 500. The fund has kept the value on the lower side, encouraging novice investors also to make investments in this fund.
The annual management cost of the Ensan Endowment Fund is 0.55%. Investors must check the percentage they must pay from their profit before investing in the fund.
Ensan Endowment Fund is an open-ended fund enabling investors to purchase and sell the fund's units without any limitation.
Ensan Endowment Fund is managed by the ALBILAD Investment Co. The firm offers detailed asset management services to people in the Middle East.
The primary objective of the Ensan Endowment Fund is to earn revenue in the long run by investing in securities that are Shariah-compliant.
The expense ratio of the Ensan Endowment Fund is 0.07%. This value is deducted from the investor's profit on an annual basis.