Riyad USD Trade Fund

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  • Rate
    4.90
6.2545
NAV (Sep 20, 2023)
+4.23%
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NAV (Sep 20, 2023)
Historical NAV
%
NO DATA FOUND
  • 7D
  • 1M
  • 3M
  • YTD
  • 1Y
  • 3Y
  • 5Y
  • ALL
Fund Returns
Last 1Y
0.93%
YTD
0.8%
Last 3Y
2.97%
Last 3 months
0.41%
Last 5Y
6.39%
CAGR Month 6

About Riyad USD Trade Fund

Investment Objective

Riyad USD Trade Fund is a mutual fund in Saudi Arabia that invests in US dollar-denominated short-term, low-risk, fixed-income investments. Since its inception on 3rd October 1990, the fund has gained immense popularity among investors in the low-risk category. This is because of the consistency in returns that it offers to its clients. 

This open-ended fund is an investment pool for Commodity Trading. Being managed by Riyad Capital, the fund activities are successfully taken care of by expert investment managers. These managers will fund Murabaha deals vis buying goods from well-known suppliers against instant payment and trade them at higher costs to renowned firms for the short term.

The Fund will prioritize commodities trading assets denominated in US dollars that do not include financial interests before attempting to engage in Sukuk. The Fund management will reinvest the profits from commodities trading investment and Sukuk in the same Fund, reducing risks by diversifying the Fund's resources, preferably in accordance with the association of various asset classes, rates of return, and due dates. For liquidity considerations, the Fund management will keep a modest cash reserve.

Expense Ratio
0.114%
Asset Class
Money Market
Fund Type
Open
Fund Currency
USD
Shariah Compliant
YES
Fund Objective
Capital Preservation
Risk Level
Low
Minimum Subscription
2500
Subscription charges
0%
Management fees
0.5%
Leverage
0%
Launched Date
2010/09/30

Fund Managers

Riyad Capital
Fund Manager

FAQs about Riyad USD Trade Fund

What kind of returns to expect from Riyad USD Trade Fund?

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Riyad USD Trade Fund is known for offering outstanding returns on investments made by traders. Nevertheless, traders need to analyze the fund before proceeding ahead with the investment.

How risky is the Riyad USD Trade Fund?

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Riyad USD Trade Fund is a low-risk fund. This states that individuals with low-risk appetites can go ahead with investing in this fund.

What is the minimum amount that you need to invest in the Riyad USD Trade Fund?

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The minimum amount needed for investing in the Riyad USD Trade Fund is USD 2500. Traders can begin their investment journey with this worth.

What is the annual management fee of the Riyad USD Trade Fund?

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The annual management fee of the Riyad USD Trade Fund is 0.50%. This amount is charged by fund managers for handling the client’s portfolio on their behalf.

What is the Fund Type of the Riyad USD Trade Fund?

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Riyad USD Trade Fund is an open-ended fund. This states that the fund units can be sold without any hassle on any working day.

Who manages the Riyad USD Trade Fund?

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Riyad USD Trade Fund is handled by Riyad Capital. This company has received a license from Capital Market Authority to offer investment solutions in the region.

What is the Riyad USD Trade Fund's Goal?

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The primary goal of the Riyad USD Trade Fund is to gain revenue in the short run by trading investments denominated in US dollars.

What is the expense ratio of the Riyad USD Trade Fund?

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The expense ratio of the Riyad USD Trade Fund is 0.11%. This is an annual charge demanded from investors.

Investment Calculator
SAR 5000 per month
Over the past
  • Total Investment of (SAR)
    0
Would have become (SAR)
0 (0%)

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