Al Rajhi Commodity Fund SAR was established in June 2000 in Saudi Arabia. This open-ended money market fund aims to increase revenue by providing desirable profits and offering liquidity. The fund achieves its objective by mainly investing in short-term securities based on Shariah guidelines entitled in Saudi Riyals.
With a minimum subscription of SAR 7500, the fund allows investors to begin their investments without any hassle. However, traders must check their expenses before investing in the fund. They must ensure to take all parameters in the count. Not only this, but they must also analyze their risk appetite and understand how much risk they are willing to take. As it is a low-risk investment, traders invest in a mix of both debt and equity funds.
The fund demands 12% of the profit from traders as the management cost. This amount is paid to fund managers who look after the fund on behalf of the clients. The fund is valued daily from Sunday to Thursday, and the cut-off is done prior to the valuation day.
Al Rajhi Commodity Fund SAR is known for providing exceptional returns on investment to traders. Nevertheless, they must ensure to analyze their expenses before investing in this fund.
Al Rajhi Commodity Fund SAR is a low-risk fund. This implies that investors can gain their desired profit by investing for a short time.
The minimum amount required for investing in the Al Rajhi Commodity Fund SAR is SAR 7500. As the minimum value is not so high, investors can plan their investments and gain good profits.
The annual management cost of Al Rajhi Commodity Fund SAR is 12%. Since the management cost is high, investors must check the fund's performance and information in detail before proceeding with the investment.
Al Rajhi Commodity Fund SAR is an open-ended fund. This implies that the fund is transparent and allows the investors to keep a check on the fund's performance.
Al Rajhi Commodity Fund SAR is managed by Al Rajhi Capital. The company is recognized for meeting the investing needs of people in the Middle East region.
The fundamental objective of Al Rajhi Commodity Fund SAR is to accomplish capital appreciation in the short tenure by offering a desirable amount of return.
The expense ratio of the Al Rajhi Commodity Fund SAR is 0.04%. This value is charged by traders on an annual basis to cover the fund's expenses.