Al Khair Capital Murabaha Fund Saudi Riyal is a well-known mutual fund in Saudi Arabia that came into existence on 27th April 2014. It comes with low risk allowing any newbie to take chances and invest in mutual funds. People investing in this fund don’t incur huge losses but this doesn’t imply that the fund is risk-free.
This money market fund is valued on a daily basis. It was developed with the aim to help investors gain huge liquidity and keep their capital intact by investing in money market securities that are compliant with Shariah guidelines. They ensure to invest in top-rated debt instruments and cash equivalents so that investors gain their desired profits.
With the management cost fixed at 0.25%, the fund ensures to onboard highly talented experts who are well-versed with the Tadawul share market. They make sure to wisely select securities and equities for making the investment and handle their client’s portfolio on their behalf.
Al Khair Capital Murabaha Fund Saudi Riyal offers outstanding returns to people investing in the fund. Nevertheless, they must ensure to plan their investment for a shorter tenure.
Al Khair Capital Murabaha Fund Saudi Riyal is a low-risk fund. This means that investors are not exposed to huge risk, and investment is done in the mix of both equity and debt funds.
The minimum amount needed to invest in the Al Khair Capital Murabaha Fund Saudi Riyal is SAR 10,000. By fixing this value, the fund ensures that they have enough capital with them to avoid any impact on cash flows.
The annual management cost of Al Khair Capital Murabaha Fund Saudi Riyal is 0.25%. This value helps the fund to make the payment of professionals responsible for handling the fund’s activities.
Al Khair Capital Murabaha Fund Saudi Riyal is an open-ended fund. This indicates that individuals can buy the fund’s units at any working day.
Al Khair Capital Murabaha Fund Saudi Riyal is managed by Alkhair Capital. The firm is known for offering investment services.
The fundamental objective of Al Khair Capital Murabaha Fund Saudi Riyal fund is to gain revenue in the long term by making the investment in Shariah-compliant equities.
0.45% is the expense ratio of the Al Khair Capital Murabaha Fund Saudi Riyal fund. This ratio denotes the amount that you pay to AMC to manage your investments.