Alawwal Saudi Financial Equity fund is an equity mutual fund scheme from Alawwal Capitals. This scheme was launched on 22nd July 1995 and is currently handled by its fund manager Alawwal Invest.
Based in the Kingdom of Saudi Arabia, these funds are perfect for investors with superior awareness of macrotrends who wish to make targeted bets for greater returns than other Equity funds. Simultaneously, these investors should be prepared for medium to significant losses in their holdings, even if the broader market is functioning well.
This Saudi Financial Equity fund adopts an active investing approach, picking assets that it thinks will increase in value depending on an industry analysis or the predicted return or growth of particular stocks. The fund manager ensures to invest in securities that yield high returns and help investors make more on their investment.
However, when you are in a dilemma about the fund's performance in the stock market, you can refer to Nakla and its extensive database that covers 500 mutual funds. Investors get the advantage of viewing the data about the fund in detail on our platform and then making an informed decision. Also, we showcase the fund's yearly performance graph to give investors a clear picture.
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Saudi Financial Equity fund has been in existence since 22nd July 1995, and hence, the return offered by this fund is 9.45% YTD.
The risk level of the Saudi Financial Equity fund is high. Hence, investors who are ready to bear the consequences, whether good or bad, can make an investment in this fund.
You need to keep an amount of at least SAR 5000 when you plan to invest in the Saudi Equity fund.
The average annual management fee of the Saudi Financial Equity Fund is 1.95%. This fee is often assessed as a percentage of the fund's assets. Charges may also comprise a fixed monetary investment management charge.
The fund type of the Saudi Financial Equity Fund is an open-ended fund. This means they have no defined maturity term and are suitable for clients on a routine basis for membership and redemption across the New Fund Offer period and much afterward.
Alawwal Invest manages the Saudi Financial Equity fund. The fund manager is based out of Saudi Arabia and makes wise investment decisions.
Saudi Financial Equity fund's goal is to generate capital appreciation and development over the long run. The fund invests in listed equities assets that adhere to Shariah principles and are included in the tadawul all-share index.
The expense ratio of the Saudi Financial Equity fund is 0.58%. This is calculated as the proportion of the investment in the concerned fund.
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Headquarters: Airport RD, Ground Floor, Levels 1 Building S4, Riyadh, Saudi Arabia 11681, SA
