US Dollar Money Market Fund

  • No items found.
  • Rate
    4.90
2.889
NAV (Jun 6, 2023)
+4.1%
Arrow Up Green
NAV (Jun 6, 2023)
Historical NAV
%
NO DATA FOUND
  • 7D
  • 1M
  • 3M
  • YTD
  • 1Y
  • 3Y
  • 5Y
  • ALL
Fund Returns
Last 1Y
1.3%
YTD
1.51%
Last 3Y
0.87%
Last 3 months
2.2%
Last 5Y
1.18%
CAGR Month 6

About US Dollar Money Market Fund

Investment Objective

US Dollar Money Market Fund is a type of mutual fund in Saudi Arabia that invests in short-term, low-risk debt securities denominated in US dollars. These funds are designed to provide investors with a low-risk investment option that offers a higher return than a traditional savings account or money market account.

Although profits are not guaranteed, investors may normally anticipate earning a return that is slightly greater than the prevailing interest rates on savings or money market accounts. Furthermore, these funds often provide daily liquidity, which means that investors can buy and sell shares on any business day and obtain the fund's current net asset value (NAV).

This open-ended fund comes with low risk indicating that investors with a low-risk appetite can also begin their investment journey with this fund. Not only this but by investing in this fund, they get access to professional services.

Expense Ratio
0.48%
Asset Class
Money Market
Fund Type
Open
Fund Currency
USD
Shariah Compliant
NO
Fund Objective
Capital Preservation
Risk Level
Low
Minimum Subscription
1000
Subscription charges
0%
Management fees
0.5%
Leverage
0%
Launched Date
2010/09/30

Fund Managers

Saudi Fransi Capital
Fund Manager

FAQs about US Dollar Money Market Fund

What kind of returns does the US Dollar Money Market Fund offer?

toggle arrow

US Dollar Money Market Fund is known for providing outstanding yields on investments made by traders. Nevertheless, it is the responsibility of the investors to analyze the fund in detail before investing in it.

How risky is the US Dollar Money Market Fund?

toggle arrow

US Dollar Money Market Fund is a low-risk fund. This implies the fund is managed by experienced professionals who utilize a conservative investment approach to achieve desirable returns.

What is the minimum amount that you need to invest in the US Dollar Money Market Fund?

toggle arrow

The minimum amount required for investing in the US Dollar Money Market Fund is USD 1000. This amount helps people to analyze their expenses before making investment decisions.

What is the annual management fee of the US Dollar Money Market Fund?

toggle arrow

The annual management fee of the US Dollar Money Market Fund is 0.50%. By paying this percentage, investors get access to professional services.

What is the Fund Type of US Dollar Money Market Fund?

toggle arrow

US Dollar Money Market Fund is an open-ended fund which implies the fund units can be redeemed on any business day.

Who manages the US Dollar Money Market Fund?

toggle arrow

US Dollar Money Market Fund is handled by Saudi Fransi Capital. The company aims to meet the investment requirements of customers in the region.

What is the US Dollar Money Market Fund's Goal?

toggle arrow

The primary goal of the US Dollar Money Market Fund is to offer liquidity and capital preservation in the short run.

What is the expense ratio of the US Dollar Money Market Fund?

toggle arrow

The expense ratio of the US Dollar Money Market Fund is 0.48%. This is the annual charge demanded from investors.

Investment Calculator
SAR 5000 per month
Over the past
  • Total Investment of (SAR)
    0
Would have become (SAR)
0 (0%)

Similar Funds to US Dollar Money Market Fund

23.493
NAV
0%
EXPENSE RATIO
101.76%
Arrow Up Green
RETURNS (5 Years)
15.2731
NAV
1.99%
EXPENSE RATIO
61.7%
Arrow Up Green
RETURNS (5 Years)
14283
NAV
0.0069%
EXPENSE RATIO
101.84%
Arrow Up Green
RETURNS (5 Years)
1.7121
NAV
0.0029%
EXPENSE RATIO
1.15%
Arrow Up Green
RETURNS (5 Years)
9.9175
NAV
0.0022%
EXPENSE RATIO
N/A
Arrow Up Green
RETURNS (5 Years)
24.6184
NAV
0.0051%
EXPENSE RATIO
54.22%
Arrow Up Green
RETURNS (5 Years)
9.9455
NAV
0.0053%
EXPENSE RATIO
N/A
Arrow Up Green
RETURNS (5 Years)
9.8362
NAV
0.0144%
EXPENSE RATIO
65.19%
Arrow Up Green
RETURNS (5 Years)
28.8707
NAV
0.0055%
EXPENSE RATIO
1.46%
Arrow Up Green
RETURNS (5 Years)
16.4533
NAV
0.0046%
EXPENSE RATIO
47.96%
Arrow Up Green
RETURNS (5 Years)
Link copied to clipboard