GIB Opportunistic Saudi Equity Fund Class C is an open-ended mutual fund in Saudi Arabia. It was established to help investors gain capital appreciation in the mid and long tenure by investing in Saudi organizations registered on the Saudi share market. Moreover, these equities are based on Shariah guidelines.
The fund is successfully handled by GIB Capital which is basically a solo person organization that was established as per the law in Saudi Arabia. To provide their services in the Kingdom, the firm received licenses from the Capital Market Authority. They ensure to handle all the activities of the fund and make the investment wisely.
The fund also charges a specified amount as the management fees from the investors to pay to investment managers who handle the portfolio of the clients on their behalf. By paying this amount from their profit, investors gain access to expert services and need not worry about keeping a check on the fund activities.
GIB Opportunistic Saudi Equity Fund Class C offers reasonable returns to investors on their investments. Hence, investors must take precautions before moving ahead with the investment.
GIB Opportunistic Saudi Equity Fund Class C is a high-risk fund that requires investors to do a thorough study to gain knowledge about the fund before investing.
The minimum amount required for investing in the GIB Opportunistic Saudi Equity Fund Class C is SAR 10,000. This worth is fixed by the investment managers. Hence, investors cannot begin their investment below this value.
The annual management cost of GIB Opportunistic Saudi Equity Fund Class C is 0.5%. The investors are required to pay this value when investing in this fund.
GIB Opportunistic Saudi Equity Fund Class C is an open-ended fund that allows investors to enter and exit the funds without any restrictions.
GIB Opportunistic Saudi Equity Fund Class C is managed by GIB Capital. The company is known for offering an array of investment options to traders.
The fundamental goal of GIB Opportunistic Saudi Equity Fund Class C is to gain revenue in the long timeframe by investing in Sharia-compliant equities.
The expense ratio of the GIB Opportunistic Saudi Equity Fund Class C is 0.24%. The investors must pay this amount to fund managers on an annual basis.