Since its inception on 26th May 1992, Riyad American Equity Fund has managed to remain in the limelight in Saudi Arabia. This is all because of the profits it offers users on their investment. The fund has accessibility to the US Capital market, providing a broad range of security options for making an investment that offers excellent returns.
With the help of the American Stock Fund in Riyad Capital, investors get an opportunity to explore organizations with robust balance sheets and simply spread risk to increase yields. Apart from this, investors get excellent adaptability since shares are exchanged in units and plenty for various income levels.
The fund's investment team undertakes extensive study and evaluation to uncover superior US firms that the market has underestimated. In addition, the crew examines developments in the market and economic data to discover potential financing possibilities while controlling risk.
Riyad American Equity Fund offers desirable returns on investments made by people in Saudi Arabia. However, individuals must analyze the fund's past performance before making any investment decisions.
Riyad American Equity Fund is a high-risk fund. This means that the fund is ideal for such people whose risk appetite is high.
The minimum amount required for investing in the Riyad American Equity Fund is USD 2500. This value is finalized by the fund managers taking into consideration several factors.
The annual management cost of Riyad American Equity Fund is 1.50%. As the management cost is high, investors must check out their budget before investing in this fund.
Riyad American Equity Fund is an open-ended fund. This implies that traders can sell the fund's units without any hassle on any working day.
Riyad American Equity Fund is managed by Riyad Capital. The company is known for offering exceptional investment services in the region.
The primary objective of the Riyad American Equity Fund is to help investors gain capital appreciation by investing in US stocks.
The expense ratio of the Riyad American Equity Fund is 0.46%. This amount specifies that the investors need to pay to the fund on an annual basis.