SNB Capital Al-Fareed Saudi Equity Fund

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.