Since its inception, Jadwa Saudi Equity Fund Class B has gained immense popularity in Saudi Arabia. All thanks to the kind of returns it offers to investors on their investments. Being an open-ended fund, this fund enables the traders to purchase the fund's units at any time without feeling restricted. This is because the fund doesn't come with any lock-in period.
The fund charges a very minimal amount from investors in the Middle East as the management fees for making the payment to fund managers. These professionals are highly knowledgeable and experts in this arena and ensure to make an investment in such securities that have shown consistent performance in the long run. Moreover, these managers are responsible for handling all the other activities of the fund.
The fund has ensured to keep the minimum investment optimal so that it doesn't get hard on the investor's pocket. They can easily plan their investment in this fund for longer and gain huge income. The fund aims to assist investors to increase their revenue by investing in such equities that are based on Shariah guidelines.
Jadwa Saudi Equity Fund Class B provides reasonable returns on investment to individuals. However, they must ensure to plan their investment for a longer duration.
Jadwa Saudi Equity Fund Class B is a high-risk fund. Hence, this fund is volatile in the shorter term.
The minimum amount required for investing in the Jadwa Saudi Equity Fund Class B is SAR 1000. Hence, the investor cannot spend any amount in this fund below the stated value.
The annual management cost of Jadwa Saudi Equity Fund Class B is 1.95%. This amount is paid to investment professionals in return for their exceptional services.
Jadwa Saudi Equity Fund Class B is an open-ended fund. Hence, it enables the investors to enter and exit the fund as per their will.
Jadwa Saudi Equity Fund Class B is handled by Jadwa Investment. This company is widely recognized for offering avant-garde investment services.
The primary objective of Jadwa Saudi Equity Fund Class B is to gain capital income in the long timeframe by investing in Shariah-compliant funds.
The expense ratio of the Jadwa Saudi Equity Fund Class B is 0.62%. This value is finalized by the fund to cover the cost of the fund.