Since its inception in the year 2016, Al Mubarak IPO Fund has marked its position in the Middle East stock market and has become the top preference of investors. The fund registered under Capital Market Authority provides an excellent opportunity for investors to earn huge income on their investment if made for a significant timeframe.
This IPO fund comes under ANB Invest, which manages all the operations of the fund in an efficient manner. They charge a minimal amount for their exceptional services, which they pay to their fund managers who handle the fund activities. These fund managers are highly experienced and knowledgeable and make sure to make wise investment decisions.
Traders willing to invest in this fund can start their investment with a reasonable amount of SAR 7500. They must start their investment journey with this amount as it is fixed by the fund managers. They can make a decision whether they want to invest in SIP or go for lumpsum investment. It is valued on Sunday and Wednesday.
Al Mubarak IPO Fund is known for providing top-rated yields on investments made by investors in Saudi Arabia. However, to earn huge, investors must remain invested for a longer timeframe.
Al Mubarak IPO Fund is a high-risk fund. Hence, investors are exposed to a specific level of uncertainty if they wish to gain specific returns.
The minimum amount needed to invest in the Al Mubarak IPO Fund is SAR 7500. This cost is set by fund managers to avoid an impact on cash flows from short trades.
The annual management cost of the Al Mubarak IPO Fund is 1.75%. The money manager demands a fixed price on a yearly basis for their exceptional services.
Al Mubarak IPO Fund is an open-ended fund. As you can buy units on any working day, you get the benefit of starting SIP and investing a fixed amount on a regular basis.
Al Mubarak IPO Fund is managed by ANB Invest. This organization is top-rated for providing outstanding investment services.
The major objective of the Al Mubarak IPO Fund is to gain capital appreciation by investing in Shariah-compliant funds in the Middle-East market.
The expense ratio of the Al Mubarak IPO Fund is 0.55%.