GIB Saudi Equity Fund Class B is a reputed mutual fund in Saudi Arabia that is highly popular among investors. This high-risk fund provides investors with huge returns when the investors invest for a long duration. In case they invest in the fund for a short period, they may not get the desired returns. They must be prepared for any losses that may come their way.
With the funds getting managed by GIB Capital, the money managers charge a nominal fee of 1.75% as the management fee for their expert services. These fund managers possess years of experience in this arena and ensure to select such securities that provide desirable returns on investment to traders wisely.
The minimum amount set for investing in this fund is SAR 10,000. Any investor willing to start their investment journey in this equity fund can start with this amount. As this is the lower value, an investor can only begin the investment below this value. However, they must decide whether they want to invest in SIP or lumpsum.
GIB Saudi Equity Fund Class B offers reasonable returns on the investment made by the traders. However, they need to make the investment for a longer tenure.
GIB Saudi Equity Fund Class B is a high-risk fund. This implies that investors should know their risk appetite before investing in this fund.
The minimum amount required for investing in the GIB Saudi Equity Fund Class B is SAR 10,000. This amount is fixed by fund managers. Hence, investors cannot start their investment below this range.
The annual management cost of GIB Saudi Equity Fund Class B is 1.75%. By paying this value, investors gain access to expert services.
GIB Saudi Equity Fund Class B is an open-ended fund. This states that investors can enter or exit the fund anytime without any limitation.
GIB Saudi Equity Fund Class B is managed by GIB Capital. The firm is known for offering outstanding investment services in the Middle East.
The primary motive of GIB Saudi Equity Fund Class B is to gain capital income by investing in equities and securities for an extended period.
The expense ratio of the GIB Saudi Equity Fund Class B is 0.58%. Investors require to pay this amount annually to investment managers.