Jadwa Global Sukuk Fund - Class B

No items found.
4.90

USD 134.444

NAV (Apr 1, 2023)

+1.01%

NAV (Apr 1, 2023)

Historical NAV

1.01%

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

-7.02%

YTD

-6.71%

Last 3Y

-3.11%

Last 3 months

-1.39%

Last 5Y

0.89%

About Jadwa Global Sukuk Fund - Class B

Investment Objective

Established in the year 2007, Jadwa Global Sukuk Fund Class B is widely popular in the Kingdom of Saudi Arabia for all good reasons. Thanks to the rate of return it offers on the investment to people in the region. This Global Sukuk fund activity is managed by Jadwa Investment which is a renowned investment firm in Saudi Arabia.

Jadwa Investment firm has the authorization to operate its services in the nation from the Capital Market Authority. The company is top-rated in the MENA region for offering its customers a vast world of Sharia-compliant funds. With its headquarters in Riyadh, the firm has three regional offices with over SAR 70 billion in customer assets under management.

The fund charges a nominal amount as an expense ratio from the traders. They have kept the expense ratio at 0.28%. However, this value plays a significant role for investors as management costs and fund operating charges have a massive impact on the net profitability. The fund managers derive this amount by dividing the total cost of fund fees by the actual worth of the fund's assets.

Expense Ratio

Asset Class

Bond/Sukuk

Fund Type

Open

Fund Currency

USD

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

High

Minimum Subscription

Subscription charges

0.03%

Management fees

0.0075%

Leverage

Launched Date

2010/09/30

Fund Managers

Jadwa Investment

Fund Manager

FAQs about Jadwa Global Sukuk Fund - Class B

What Kind of Returns does Jadwa Global Sukuk Fund Class B?

Jadwa Global Sukuk Fund Class B offers reasonable returns to traders in the Middle East on all the investments made by them over an extended timeframe.

How risky is the Jadwa Global Sukuk Fund Class B?

Jadwa Global Sukuk Fund Class B is a high-risk fund. This implies that though investors can get high returns on their investment, they need to check the fund's performance before moving ahead.

What minimum amount do you need to invest in the Jadwa Global Sukuk Fund Class B?

The minimum amount required for investing in the Jadwa Global Sukuk Fund Class B is USD 1000. This value is fixed by investment managers keeping in mind several costs that occur in the fund.

What is the average Annual Management Fee of Jadwa Global Sukuk Fund Class B?

The annual management cost of Jadwa Global Sukuk Fund Class B is 0.75%. Traders are required to pay this amount to professional experts for handling their portfolios.

What is the Fund Type of Jadwa Global Sukuk Fund Class B?

Jadwa Global Sukuk Fund Class B is an open-ended fund that states traders can purchase the fund's units anytime without any hassle.

Who manages the Jadwa Global Sukuk Fund Class B?

Jadwa Investment is known for handling the activities of this Jadwa Global Sukuk Fund Class B. The organization offers several services to traders to meet their requirements.

What is the Jadwa Global Sukuk Fund Class B Fund's Goal?

The foremost objective of Jadwa Global Sukuk Fund Class B is to assist investors, in the long run, to gain capital appreciation by investing in equities that are based on Shariah guidelines.

What is the expense ratio of the Jadwa Global Sukuk Fund Class B?

The expense ratio of the Jadwa Global Sukuk Fund Class B is 0.28%. The investors must pay this value to investment managers to cover the fund's operating expenses.

Investment Calculator

SAR 5000 per month

Over the past