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.
Alinma Wareef Endowment fund provides outstanding returns on investment. However, investors must take into account several factors before investing in this fund.
Alinma Wareef Endowment fund is a high-risk fund. This states that the fund is perfect for people with a high-risk appetite.
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.
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.
Alinma Wareef Endowment fund is an open-ended fund that makes purchasing and selling fund units hassle-free.
Alinma Wareef Endowment fund is managed by Alinma Investment Company. The firm is known for offering outstanding investment services.
The primary objective of the Alinma Wareef Endowment fund is to earn revenue in the long run by investing in Shariah-compliant securities.
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.