Riyad Saudi Equity Fund is among the top fund of Saudi Joint Stock organizations from various niches that is popular for providing excellent returns to investors. Launched on 3rd December 1992, the fund possesses immense regional expertise, talent, and constraints. Hence, investors can never go wrong by investing in this fund.
The fund was created to help investors increase their capital appreciation by spending their money on purchasing securities of Saudi Joint stock firms over several industries. Managed by Riyal Capital organization, the investment managers in Saudi Arabia incorporate methodological approaches and emphasize on firms with strong underlying features and long-term growth prospects.
With the management fees of 1.5%, the fund ensures to charge a minimal amount for paying the fund managers who use their expertise to handle the investor's portfolios and make investment decisions. These managers have the complete authority to make decisions on the client's behalf, but they both need to be on the same page for the process to remain smooth.
Investors who are willing to invest 5000 SAR or more are eligible for investing in this fund. This is because the fund managers have fixed this as the minimum subscription value. Hence, it is up to the investor whether they want to invest in SIP or lumpsum mode.
Riyad Saudi Equity Fund is known for providing excellent returns to investors who make investments in this fund for a longer tenure.
Riyad Saudi Equity Fund is a high-risk fund that requires investors to stay updated with the market trends and keep track of the fund's performance.
The minimum amount that you must have for investing in the Riyad Saudi Equity Fund is 5000 SAR. Investors can begin investing in this fund in either SIP or lumpsum mode with this value.
The average Annual Management Fee of Riyad Saudi Equity Fund is 1.5%. People gain access to expert services by paying this charge to the fund.
Riyad Saudi Equity Fund is an open-ended fund. Hence, investors get the advantage of redeeming the units as per their wish.
Riyad Saudi Equity Fund is managed by Riyad Capital company. The corporation is recognized for offering outstanding services in the Middle East.
The primary motive of the Riyad Saudi Equity Fund is to increase revenue by investing in equities that are Shariah Compliant.