GIB Saudi Equity Fund - Class C

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4.90

SAR 19.878

NAV (Apr 1, 2023)

+3.2%

NAV (Apr 1, 2023)

Historical NAV

3.2%

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

0.82%

YTD

0.92%

Last 3Y

72.64%

Last 3 months

-4.96%

Last 5Y

N/A

About GIB Saudi Equity Fund - Class C

Investment Objective

An open-ended fund, GIB Saudi Equity Fund Class C is a renowned mutual fund in the Middle East that is widely recognized for providing sustainable returns to investors. Investing in this fund can be an ideal option for such traders who wish to diversify their portfolios. In simple terms, they get a mix of both debt and equity funds in their portfolio.

This open-ended fund allows traders to enter and exit the fund without any limitation in Saudi Arabia. There is no lock-in period. Hence, investors can redeem the units of funds at any given time as per their will. Moreover, as the fund is open-ended, it is highly liquid in nature, allowing the traders to make an informed decision. They can easily keep track of the fund's performance and analyze whether it is making a profit or not.

The fund has kept the annual management charge highly pocket-friendly, which gets deducted from the traders' profits. By making this payment, investors can relax and need not worry about their investment. Everything is taken care of by the fund managers who ensure to make wise investment decisions.

Expense Ratio

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

Fund Objective

Growth

Risk Level

High

Minimum Subscription

10000

Subscription charges

0.02%

Management fees

0.0005%

Leverage

Launched Date

2010/09/30

Fund Managers

GIB Capital

Fund Manager

FAQs about GIB Saudi Equity Fund Class C

What Kind of Returns does GIB Saudi Equity Fund Class C?

GIB Saudi Equity Fund Class C offers 3.89% YTD returns to traders on their investments. However, it's essential for them to plan their investments to avoid any mishaps.

How risky is the GIB Saudi Equity Fund Class C?

GIB Saudi Equity Fund Class C is a high-risk fund which implies that investors must remain updated with the latest market performance of the fund before investing.

What minimum amount do you need to invest in the GIB Saudi Equity Fund Class C?

The minimum amount required for investing in the GIB Saudi Equity Fund Class C is SAR 10,000. Investors can start their investment with this amount or any larger amount as per their risk appetite.

What is the average Annual Management Fee of GIB Saudi Equity Fund Class C?

The annual management cost of GIB Saudi Equity Fund Class C is 0.5%. Investors require to pay this amount to money managers who are responsible for handling their portfolios.

What is the Fund Type of GIB Saudi Equity Fund Class C?

GIB Saudi Equity Fund Class C is an open-ended fund that states that investors can buy and sell the units of funds at any time.

Who manages the GIB Saudi Equity Fund Class C?

GIB Capital is responsible for handling all the activities of GIB Saudi Equity Fund Class C. The company is the foremost domiciled bank to create a regional commercial bank in the Kingdom.

What is the GIB Saudi Equity Fund Class C Fund's Goal?

The primary objective of GIB Saudi Equity Fund Class C is to help investors gain capital appreciation by investing in equities that are based on Shariah guidelines.