Riyad International Bond fund can be your go-to option if you plan to invest in equities in Saudi Arabia. This fund introduces you to a broad market and such foreign funds where the risk can be amended. It started its business on 12th May 1992 under the name of Riyad Capital Company. The firm aims to meet the requirements of its clients in real-time.
When it comes to investment, the fund managers ensure to wisely select funds and proceed ahead only if they feel it will offer desired returns. They invest the assets in the global bond fund that is handled by Fidelity International. They make the investment with the motive to gain wealth appreciation in the long run by investing in global securities that offer fixed or floating interest costs.
The dividends earned on the investment are later on distributed among the shareholders. However, it is the fund managers who make such decisions. These managers use their expertise and knowledge to ensure they gain a high income on investment.
Riyad International Bond Fund offers splendid returns to individuals in Saudi Arabia. However, investors must ensure to invest for a longer tenure to reap the advantages of high returns.
Riyad International Bond Fund is a high-risk fund. Thus, investors must possess detailed knowledge about the mutual fund market before going ahead with the investment.
The minimum cost required to invest in the Riyad International Bond Fund is 2500 USD. Any investor who wants to invest in this high-risk fund can start their journey with this value.
The average Annual Management Fee of Riyad International Bond Fund is 1%. This management cost is used to compensate the fund managers for their hard work and efforts.
Riyad International Bond Fund is an open-ended fund that assists investors in purchasing and redeeming units as per their convenience.
Riyad International Bond Fund is managed by Riyad Capital Company. The organization is known for offering extraordinary asset management services.
The major objective of Riyad International Bond Fund is to make an investment in international government bonds worldwide.
The expense ratio of the Riyad International Bond Fund is 0.077%. This value is deducted from the investor's profit to pay to fund managers.