SNB Capital Al Fareed Saudi Equity Fund is a highly popular mutual fund in Saudi Arabia. It was established with the aim to help investors earn massive revenue in the long run by investing in Sharia-compliant equities and securities. However, this fund is not an ideal option for such investors who look for liquidity via regular yields.
This open-ended mutual fund allows investors to start their investment with a minimum amount of 7500 SAR. This fixed amount can be tough to manage by novice investors and generally indicate that their account balance might get lowered by investing in just one fund. The fund fixes this to maintain tiny-term sales from impacting cash flows.
Handled by Samba Capital and Investment Management, the fund charges 1.75% as the management cost. This helps them to make payments to the investment managers who work day and night on behalf of the traders. They make sure to select such equities for investment that offer huge profits on investment.
SNB Capital Al Fareed Saudi Equity Fund offers sustainable returns on investment to users if the investment is made for a reasonable tenure.
SNB Capital Al Fareed Saudi Equity Fund is a high-risk investment. Hence, investors need to take precautions while investing in this fund and keep a check on the fund's performance.
The minimum amount you must invest in the SNB Capital Al Fareed Saudi Equity Fund is SAR 7500. This cost is set by the fund managers to meet the fund's needs.
The Annual Management cost of SNB Capital Al Fareed Saudi Equity Fund is 1.75%. By paying this amount, investors can avail of the services of expert managers.
SNB Capital Al Fareed Saudi Equity Fund is an open-ended fund. This states that the fund is available to purchase and redeem units.
SNB Capital Al Fareed Saudi Equity Fund is managed by Samba Capital and Investment Management. The firm is popular for providing exceptional investment services.
The fundamental objective of SNB Capital Al Fareed Saudi Equity Fund is to gain capital appreciation in the long timeframe by investing in equities that are Shariah-compliant.
The expense ratio of the SNB Capital Al Fareed Saudi Equity Fund is 0.0069%. This value is used to pay fund managers for handling your profile.