An open-ended fund, Jadwa GCC Equity fund Class B is a prominent mutual fund in Saudi Arabia that is widely recognized for providing outstanding returns on investment. However, before moving ahead with the investment, it is essential for investors to analyze the fund's performance and then make an informed decision.
As the fund comes with high risk, investors must be prepared to face any turmoil during the investment tenure. They must ensure to plan their investment for a longer tenure to gain the benefits. Not only this, they must be ready to expose their portfolio in the market. Hence, it's essential to first assess their risk appetite before investing.
With an annual management cost of 1.95%, the fund demands the investors pay this amount to fund managers for handling their portfolio on their behalf. These fund managers come with years of knowledge and expertise and ensure to invest in such Shariah-compliant securities that provide good yields in the long run.
Jadwa GCC Equity Fund Class B offers 35.81% returns YTD to the investors who invest in this fund. However, they must remain invested for a protracted timeframe.
Jadwa GCC Equity Fund Class B is a high-risk fund. This states that the fund is exposed to certain instability to provide greater returns.
The minimum amount you must have for investing in the Jadwa GCC Equity Fund Class B is SAR 1000. This is the value with which the investors can start their investment journey.
The annual management cost of Jadwa GCC Equity Fund Class B is 1.95%. This states that traders need to pay specific fees to investment managers.
Jadwa GCC Equity Fund Class B is an open-ended fund. This states that traders can purchase the fund's units on any working day.
Jadwa GCC Equity Fund Class B is handled by Jadwa Investment. The firm has received a license from the Capital Market Authority to offer services in the Middle East.
The foremost objective of the Jadwa GCC Equity Fund Class B is to gain income in the long term by investing in equities that are based on Shariah guidelines.
The expense ratio of the Jadwa GCC Equity Fund Class B is 0.76%. This amount is charged annually by the investors.