Al YUSR SAR Morabaha Fund is a well-known fund in Saudi Arabia when it comes to investing in low-risk fund. This is an open-ended fund that was developed by entering into a deal between the traders and Alawwal Invest organization, which is a subordinate of Alawwal Bank.
With its registered office in Riyadh, the fund activities are successfully handled by Alawwal Invest. The company has onboarded highly efficient money managers who ensure to make investments in such short-term securities that offer desirable returns. They work in sync with the clients and make decisions on their behalf.
The management cost of this Fund is fixed at 0.50%. The fund charges this amount from traders to make the payment to fund managers who handle their portfolios. Apart from this, the fund also sets a nominal rate as an expense ratio on an annual basis.
Al YUSR SAR Morabaha Fund is known for offering reasonable returns on investments made by traders. Nevertheless, investors must possess knowledge of the market.
Al YUSR SAR Morabaha Fund is a low-risk fund. This implies that individuals are not exposed to great risk when investing in this fund.
The minimum amount you must have when investing in the Al YUSR SAR Morabaha Fund is SAR 5000. This implies that investors must purchase the minimum quantity required.
The annual management cost of Al YUSR SAR Morabaha Fund is 0.50%. This amount is deducted from an individual's profit to pay to the investment professionals.
Al YUSR SAR Morabaha Fund is an open-ended fund. This implies that the fund doesn't come with any fixed maturity tenure.
Al YUSR SAR Morabaha Fund is managed by Alawwal Invest. The company is highly known for its investment solutions.
The fundamental goal of Al YUSR SAR Morabaha Fund is to attain consistent growth of the invested revenue while preserving the capital in the best way possible.
The expense ratio of the Al YUSR SAR Morabaha Fund is 0.15%. This is the cost paid to the fund organization for the advantage of owning the fund.