Saudi Fransi Capital Fixed Income Fund Class B is a reputed fixed-income fund in Saudi Arabia. The fund was created with the objective of helping investors grow their revenue by investing in Shariah-compliant equities in the medium to long tenure. However, the fund demands the investors to be well-versed in all the technicalities involved in the investment.
As it is a medium-risk fund, it makes the investment in both debt and equity securities. The fund onboards highly experienced fund managers who possess immense knowledge in this investment sector. Hence, they make sure to invest the units in such equities that offer great returns. The best part of investing in this fund is that if the investor doesn't produce excellent profits, they won't incur significant losses as well.
The fund charges a certain amount in the form of management costs from the investors to make payments to the fund managers for successfully handling their portfolios. However, the fund doesn't charge any expense ratio, which reduces the deduction of the amount from the investor's profits.
When it comes to the returns you get on your investment in Saudi Fransi Capital Fixed Income Fund Class B, you can expect to get a reliable return.
Saudi Fransi Capital Fixed Income Fund Class B is a medium-risk fund. This implies that if the investor doesn't make huge returns, they won't incur huge losses as well.
The minimum amount you must have when it comes to investing in the Saudi Fransi Capital Fixed Income Fund Class B is 2000 SAR. Any individual cannot invest less than this value.
The Annual Management Fee of Saudi Fransi Capital Fixed Income Fund Class B is 0.0075%. This cost is deducted from the investors to make the fund manager's payment.
Saudi Fransi Capital Fixed Income Fund Class B is an open-ended fund. This gives full authority to the investors to purchase units as per their wish.
Saudi Fransi Capital Fixed Income Fund Class B is handled by Saudi Fransi Capital. The company is registered by the Capital Market Authority.
The foremost objective of Saudi Fransi Capital Fixed Income Fund Class B is to gain capital appreciation by investing in Shariah-compliant funds.
0% is the expense ratio of the Saudi Fransi Capital Fixed Income Fund Class B. This states that the fund doesn't charge any value for managing the funds.