Jadwa Saudi Riyal Murabaha Fund Class B is a Shariah-compliant investment fund that invests in a diverse range of short-term Murabaha securities to offer clients with a reliable income flow in Saudi Arabia. It is a good alternative for investors looking for low-risk, Shariah-compliant financial products with a brief investment timeframe.
As the fund comes with low risk, it minimizes the risk for investors. Money managers ensure to place assets in low volatility divisions with a minimal possibility of achieving a significant return. Hence, people who wish to invest for less than a year can consider investing in this fund. This low-risk mutual fund can help traders meet their short-tenure financial goals.
Being managed by Jadwa Investment, this fund charges a management fee of 15% for successfully managing the portfolio of the clients. The investment managers ensure to select the equities and debt for investment wisely so that it benefits the investors in a positive way.
When investing in Jadwa Saudi Riyal Murabaha Fund Class B, expect to get desirable returns on investment.
Jadwa Saudi Riyal Murabaha Fund Class B is a high-risk fund. This states that the investors investing in this fund must have high-risk tolerance and are willing to expose their portfolio in the market.
The minimum amount required for investing in the Jadwa Saudi Riyal Murabaha Fund Class B is SAR 1000. Investors can begin investing in this fund with the given value.
The annual management cost of Jadwa Saudi Riyal Murabaha Fund Class B is 15%. As the management fee is high, investors must think wisely before making financial decisions.
Jadwa Saudi Riyal Murabaha Fund Class B is an open-ended fund. This states that the fund activities can be tracked seamlessly, making it easier for investors to make a decision.
Jadwa Saudi Riyal Murabaha Fund Class B is managed by Jadwa Investment. The company is known for offering outstanding asset management services.
The fundamental objective of Jadwa Saudi Riyal Murabaha Fund Class B is to gain revenue by investing in Sharia-compliant equities.
The expense ratio of the Jadwa Saudi Riyal Murabaha Fund Class B is 0.10%. This amount is charged on an annual level.