15.6293
NAV (Sep 22, 2023)
Historical NAV
%
NO DATA FOUND
- 7D
- 1M
- 3M
- YTD
- 1Y
- 3Y
- 5Y
- ALL
Fund Returns
Last 1Y
9.56%
YTD
9.95%
Last 3Y
74.6%
Last 3 months
3.26%
Last 5Y
109.78%
About Riyad Saudi Equity Sharia Fund
Investment Objective
Riyad Saudi Equity Shariah fund was established on 21st November 1996. Since then, the fund has turned out to be a preferable option for those investors who wish to accomplish their investment objectives by making an investment in regional joint stock firms of Saudi Arabia that are based on Shariah Laws.
This fund was designed with the aim of helping investors broaden their portfolio in the regional share market and provide excellent returns at affordable rates. The fund activities are taken care of by Riyad Capital company, a reputed asset management firm in the Middle East. The company provides out-of-the-box investment services to customers and helps them make wise investment decisions.
The investment managers ensure to invest equities in regional corporations across various industries to gain profit in the long run. Not only this, they ensure to invest in such organizations that follow Islamic laws and are Shariah-compliant.
The managers working for this fund have set the management cost as 1.5%, which every investor must pay when investing in this fund. The fund’s valuation is done on Monday and Thursday, and the announcement is made on Sunday and Tuesday.
Expense Ratio
0%
Asset Class
Equity
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Growth
Risk Level
High
Minimum Subscription
5000
Subscription charges
1%
Management fees
1.5%
Leverage
0%
Launched Date
2010/09/30
Fund Managers
Riyad Capital
Fund Manager
FAQs about Riyad Saudi Equity Sharia Fund
What Kind of Returns to expect from Riyad Saudi Equity Sharia Fund?
When investing in Riyad Saudi Equity Sharia Fund, you can get a sound return on your investment over a more extended period.
How risky is the Riyad Saudi Equity Sharia Fund?
Riyad Saudi Equity Sharia Fund is a high-risk fund. Hence, this fund has the capability to offer high returns when the investment is made for an extended period.
What is the minimum amount fixed to invest in the Riyad Saudi Equity Sharia Fund?
The minimum amount fixed to invest in the Riyad Saudi Equity Sharia Fund is 5000 SAR. Investors can begin their investment path in Saudi Arabia with this worth, but they cannot invest less than the stated amount.
What is the average Annual Management Fee of the Riyad Saudi Equity Sharia Fund?
The annual management fee of the Riyad Saudi Equity Sharia Fund is 1.5%. Investors must pay this worth to the money managers who use their expertise to handle their portfolios.
What is the Fund Type of Riyad Saudi Equity Sharia Fund?
Riyad Saudi Equity Sharia Fund is an open-ended fund that states that fund is highly liquid and allows investors to enter and exit the fund anytime.
Who manages the Riyad Saudi Equity Sharia Fund?
Riyad Saudi Equity Sharia Fund is successfully handled by Riyad Capital Company. The organization provides investors with several asset management services.
What is the Riyad Saudi Equity Sharia Fund's Goal?
The major objective of Riyad Saudi Equity Sharia Fund is to help investors grow their capital by investing in Saudi Arabia organizations.
What is the expense ratio of the Riyad Saudi Equity Sharia Fund?
The expense ratio of the Riyad Saudi Equity Sharia Fund is 0.471%. This ratio comprises several components, such as operating costs, brokerage costs, etc.
Investment Calculator
SAR 5000 per month
Over the past
- Total Investment of (SAR)0
Would have become (SAR)
0 (0%)
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Headquarters: Airport RD, Ground Floor, Levels 1 Building S4, Riyadh, Saudi Arabia 11681, SA
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