Saudi Fransi Capital Saudi Equity Income Fund is a renowned equity income fund in Saudi Arabia that helps investors gain massive profits on their investments in a longer timeframe. Being a high-risk fund, it's extremely important for investors to be extra careful while investing in this fund. They must ensure to go through the details of the fund thoroughly before making a decision.
The fund requires the investors to remain invested for an extended period of time so that they do not incur any losses and receive the returns they were looking for on their investments. This exceptional fund enables investors to purchase the units of the fund on any working day as it does not come with a lock-in period. Not only this, but they can also withdraw the fund as per their wish.
With a management cost of 1.75%, the fund is successfully managed by Saudi Fransi Capital. The organization got a license from the Capital Market Authority to offer investment services in the Middle East.
When invested for a longer tenure, this Saudi Equity Income Fund provides excellent returns on investment.
Saudi Fransi Capital Saudi Equity Income Fund is said to be a high-risk fund. This implies that the investors can get high returns on their investments if the investment is made for at least 5-7 years.
The minimum amount for investing in the Saudi Fransi Capital Saudi Equity Income Fund is 2000 SAR. Investors must make sure to start their investment above this value.
The Annual Management Fee of Saudi Fransi Capital Saudi Equity Income Fund is 1.75%. Investors are required to pay this value to investment managers for handling their investments.
Saudi Fransi Capital Saudi Equity Income Fund is an open-ended fund. This states that the units can be withdrawn at any time.
This Saudi Fransi Equity Income Fund is handled by Saudi Fransi Capital. The company aims to meet the growing needs of investors.
Saudi Fransi Capital Saudi Equity Income Fund's goal is to earn revenue in the long timeframe by investing in Shariah-compliant funds.
The expense ratio of the Saudi Fransi Capital Saudi Equity Income Fund is 2.1%. The handling cost of your portfolio is comparatively higher than other mutual funds. Hence, conduct all research before proceeding ahead.