Riyad Blue Chip Equity Fund is one of the most popular funds of Riyad Capital Company that was launched on 31st December 2000 in Saudi Arabia. The fund has since then managed to grab the eyeball of investors owing to the returns it offers on investment. Investing in this fund is often considered as a stable investment as it invests in more prominent organizations worldwide.
The fund's activities and operations are looked over by Riyad Capital company in the Middle East. They onboard highly efficient and reliable investment managers who possess years of experience in this sector. They ensure making investments in such company's stocks across various industries that provide huge returns to investors in the extended timeframe. Moreover, they mainly target large capital equities.
They also invest in several other initial public offerings of Saudi. Later, when the profit is earned on an investment, it is reinvested back into the fund by the managers. This also means that the dividend is not paid out to unitholders. Finally, the valuation of the fund is done on Monday and Thursday. And the announcement is made on Sunday and Tuesday.
Riyad Blue Chip Equity Fund offers great returns on investments made by people. However, they must make sure to check the fund's performance before investing in the fund.
Riyad Blue Chip Equity Fund is a high-risk fund. Thus, it's crucial for investors to analyze their risk tolerance and budget before stepping into the process.
The minimum amount fixed for investing in the Riyad Blue Chip Equity Fund is 5000 SAR. Hence, investors can plan whether they wish to start SIP or go for a lump sum investment.
The average Annual Management Fee of Riyad Blue Chip Equity Fund is 1.5%. Therefore, investors must pay this value to the managers who handle their accounts seamlessly.
Riyad Blue Chip Equity Fund is an open-ended fund allowing investors to purchase the units of funds on any working day of Tadawul.
Riyad Blue Chip Equity Fund is managed hassle-free by the Riyad Capital Company. The firm strives hard to meet its client's requirements.
Riyad Blue Chip Equity Fund's goal is to gain capital appreciation in the long timeframe by investing in blue chip securities that are based on Shariah guidelines.
The expense ratio of the Riyad Blue Chip Equity Fund is 0.468%. Investors are charged this value by the fund to make payments to the fund managers.