Launched on 10th June 2001, Riyad Al Mutawazen Fund is a prominent investment fund in Saudi Arabia. The fund was established under the supervision of Riyad Capital. The company is a renowned investment firm in the region that offers investment advisory services to its customers to fulfill their needs. Moreover, they are committed to providing exceptional returns to traders on their investments.
With a subscription fee of 1%, the fund allows the investors to begin their investment with a minimum amount of SAR 5000. In case they want to invest more in this fund, they can increase the investment amount with a minimum value of SAR 1000. Having said that, investors are not allowed to invest any amount below the stated value.
It is critical to understand that trading in this open-ended fund has risks, including the chance of losing funds due to market changes and management risk. Therefore, it is always advisable for investors to properly analyze their investment objectives, risk appetite, and investment horizon before investing in the fund.
Riyad Al Mutawazen Fund offers exceptional returns on investments made by traders. However, traders must analyze their risk appetite before investing in this fund.
Riyad Al Mutawazen Fund is a medium-risk fund. This implies that the fund comes with moderate risk and enables investors to gain profit in the short to mid-term.
The minimum amount needed for investing in the Riyad Al Mutawazen Fund is SAR 5000. This amount is specified by the fund managers based on certain factors.
The annual management fee of Riyad Al Mutawazen Fund is 0.40%. This value is deducted from the investor's profit to cover the costs.
Riyad Al Mutawazen Fund is an open-ended fund. This states that individuals get the benefit of diversifying their portfolios.
Riyad Al Mutawazen Fund is managed by Riyad Capital. The company is registered under Capital Market Authority and offers exceptional asset management services.
The primary motive of the Riyad Al Mutawazen Fund is to gain revenue in the mid-term by investing in securities and equities based on Shariah guidelines.
The expense ratio of the Riyad Al Mutawazen Fund is 0.10%. This value is demanded on an annual basis from the investors.