Kamco Saudi Equity Fund Class B is a popular mutual fund in Saudi Arabia that provides excellent returns on investment. However, investors must not forget the fact that they need to remain invested for an extended time period to reap the benefits. They must plan their investments in a way that it doesn't get hard on their pockets, and they can invest in the fund for a longer tenure.
The fund has kept a minimal amount as the management cost, which they charge from investors to make the payment to fund managers who are responsible for handling the portfolio of the clients. These money managers work in sync with the investors and have all the decision-making power with them. However, if they are going to make any crucial decisions, they must seek permission from the investors before implementing them.
This open-ended fund does not impose any restrictions on the investors and allows them to redeem the fund's units at any given time. It does not come with any lock-in period and can be purchased on any working day.
Kamco Saudi Equity Fund Class B provides outstanding returns on investment to traders. However, they must keep in mind that they have to invest for an extended period of time.
Kamco Saudi Equity Fund Class B is a high-risk fund. This implies that investors must analyze their risk tolerance level before investing.
The minimum amount needed to invest in the Kamco Saudi Equity Fund Class B is SAR 5,00,00,000. As the value is on the higher side, you must conduct thorough research before investing.
The annual management fee of Kamco Saudi Equity Fund Class B is 0.75%. This is the value demanded by the fund to pay investment managers.
Kamco Saudi Equity Fund Class B is an open-ended fund. This implies that the fund units can be withdrawn at any given time.
Kamco Saudi Equity Fund Class B is handled by Kamco Investment Company. The firm is known for providing exceptional investment services.
The foremost objective of Kamco Saudi Equity Fund Class B is to gain capital income by investing in Shariah-compliant securities.
The expense ratio of the Kamco Saudi Equity Fund Class B is 0.27%. This amount is charged annually to cover the cost of the fund's operation.