Mefic Saudi Equity Freestyle Fund

MEFIC Saudi Equity Freestyle Fund is a popular mutual fund in Saudi Arabia that comes under the high-risk category. This implies that this fund can be an ideal investment option for people who wish to earn huge revenue on their investments and are ready to bear the excellent risk. However, they must possess great knowledge about the share market of the Middle East before making any final decision.

This open-ended mutual fund enables people to keep an eye on the performance of the fund without any limitations. This is because the fund is highly transparent and keeps all the activities unhidden, giving investors clear pictures for their investment. Also, as there is no lock-in period in the fund, it helps investors buy and sell the fund on any working day.

With the management cost of 1.75%, the fund ensures to provide expert services to individuals investing in this fund. People can begin their investment with as low as SAR 10,000. This value is finalized by fund managers indicating that no one has the right to invest in this fund below this value.