Since its inception, the KSB City fund has gained massive popularity in the Kingdom of Saudi Arabia. This is because of the yields it offers to traders on their investments. Being an open-ended fund, it allows the traders to seamlessly redeem the fund's units on their desired day. Apart from this, investors get the advantage of gaining access to a diversified portfolio of securities that can assist in eliminating the risk.
With the minimum value set at SAR 5000, investors get the benefit of beginning their investment with a lower specified value. This value gives an estimate to individuals with what they can start their investment. Moreover, fixing this amount helps the fund managers to maintain their capital to cover the several costs associated with the fund.
Though the fund doesn't charge any annual fees, it does demand management costs ranging from 2%. This fee is deducted from the investor's profit to make the payment to fund managers. These professionals are highly experienced and ensure to invest wisely.
KSB City Fund provides reasonable returns on investment. However, it is essential that investors conduct thorough research before moving ahead with the investment.
KSB City Fund is a high-risk fund. This implies that the securities have a great risk of price fluctuations than more conservative investments.
The minimum amount needed for investing in the KSB City Fund is SAR 5000. This amount is fixed with the motive of keeping the cash flow unimpacted.
The annual management fee of the KSB City Fund is 2%. This value implies that the investors must pay this value to make the payment to fund managers.
KSB City Fund is an open-ended fund that states investors can buy the fund's units on any working day without any hassle.
KSB City Fund is managed by KSB Capital. The firm is known for offering outstanding investment services to clients at affordable rates.
The primary motive of the KSB City Fund is to earn revenues in the long run by investing in Shariah-compliant funds.
The expense ratio of the KSB City Fund is 0%. This implies that the fund doesn't charge any annual amount from the investors.