Alinma Wareef Endowment Fund

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  • Rate
    4.90
13.1066
NAV (Feb 15, 2024)
-0.31%
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NAV (Feb 15, 2024)
Historical NAV
%
NO DATA FOUND
  • 7D
  • 1M
  • 3M
  • YTD
  • 1Y
  • 3Y
  • 5Y
  • ALL
Fund Returns
Last 1Y
11.26%
YTD
9.69%
Last 3Y
28.73%
Last 3 months
2.3%
Last 5Y
N/A
CAGR Month 6

About Alinma Wareef Endowment Fund

Investment Objective

Alinma Wareef Endowment Fund is a renowned mutual fund in Saudi Arabia that has gained huge popularity in the region. All thanks to the returns it offers on the investment to the traders. Though the fund comes with high risk, it provides excellent yields. However, it's essential for investors to analyze their risk appetite before moving ahead with the investment. They must see whether they are ready to bear the enormous risk and have enough funds to remain invested longer.

Moreover, investors must check the fund's past performance, which helps them make an informed decision. Investors in this fund will reap the rewards from the fund's emphasis on socially responsible investment while complying with Islamic finance rules. 

This open-ended fund makes an investment in a diversified portfolio of equities and fixed-income instruments that are based on Shariah guidelines. The investment approach of the fund is to distribute assets on the basis of market circumstances and potential. It aims to increase returns while minimizing risks.

Expense Ratio
0.27%
Asset Class
Multi Asset
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Growth
Risk Level
High
Minimum Subscription
1000
Subscription charges
0%
Management fees
0%
Leverage
0%
Launched Date
2010/09/30

Fund Managers

Alinma Investment
Fund Manager

FAQs about the Alinma Wareef Endowment Fund

What Kind of Returns does the Alinma Wareef Endowment fund provide?

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Alinma Wareef Endowment fund provides outstanding returns on investment. However, investors must take into account several factors before investing in this fund.

How risky is the Alinma Wareef Endowment fund?

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Alinma Wareef Endowment fund is a high-risk fund. This states that the fund is perfect for people with a high-risk appetite.

What is the minimum amount that you need to invest in the Alinma Wareef Endowment fund?

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The minimum amount required for investing in the Alinma Wareef Endowment Fund is SAR 1000. This value specifies that individuals cannot start their investment below this amount.

What is the average Annual Management Fee of the Alinma Wareef Endowment fund?

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The annual management fee of the Alinma Wareef Endowment Fund is 0%, which implies that investors do not require to pay any value for expert services.

What is the Fund Type of the Alinma Wareef Endowment fund?

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Alinma Wareef Endowment fund is an open-ended fund that makes purchasing and selling fund units hassle-free.

Who manages the Alinma Wareef Endowment fund?

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Alinma Wareef Endowment fund is managed by Alinma Investment Company. The firm is known for offering outstanding investment services.

What is the Alinma Wareef Endowment fund's Goal?

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The primary objective of the Alinma Wareef Endowment fund is to earn revenue in the long run by investing in Shariah-compliant securities.

What is the expense ratio of the Alinma Wareef Endowment fund?

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The expense ratio of the Alinma Wareef Endowment fund is 0.27%. This is the minimum amount that the fund demands at the year's end.

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

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