An open-ended fund, Riyad Al Mutahafedh Fund, came into existence on 10th June 2001 in Saudi Arabia. This investment fund is widely recognized in the region for providing excellent yields, and, as a result, it is highly popular among investors. Those investors who don't wish to take huge risks can go ahead investing in this fund.
The fund majorly invests in low-risk funds like Murabaha funds and fixed-income funds, and minimal of its securities in high-risk funds like regional and global equity funds, ETFs, and private equity funds. The fund aims to help investors earn revenue in the short run by investing in Shariah-compliant equities with a robust growth perspective.
The fund provides investors with exposure to the Saudi equities market, which is the largest in the Middle East and North Africa area. It allows investors to participate in a diverse portfolio of Saudi Arabian shares that would otherwise be unavailable to ordinary investors.
Riyad Al Mutahafedh Fund is known for offering desirable returns to users. However, individuals must ensure to analyze their risk tolerance level before moving ahead with the investment.
Riyad Al Mutahafedh Fund is a low-risk investment fund. Hence, investors can easily plan their investments for a shorter period of time.
The minimum amount needed for investing in the Riyad Al Mutahafedh Fund is SAR 5000. This value is specified by fund managers with which investors can begin their investment.
The annual management fee of Riyad Al Mutahafedh Fund is 0.10%. By paying this amount, investors gain access to expert advice.
Riyad Al Mutahafedh Fund is an open-ended fund that implies that the fund units can be sold on any day without any hassle.
Riyad Al Mutahafedh Fund is managed by Riyad Capital. The firm aims to meet the financial needs of consumers.
The fundamental objective of Riyad Al Mutahafedh Fund is to gain capital appreciation in the short run by investing in Sharia-compliant securities.
The expense ratio of the Riyad Al Mutahafedh Fund is 0.05%. This value can have an impact on the investor's returns.