The Alistithmar Capital SAR Murabaha Fund is a renowned Shariah-compliant investment alternative for traders looking to invest in mutual funds in Saudi Arabia. This fund is designed by a bond between Alistithmar for Financial Securities and Brokerage Company and the traders. Since its inception on 30th June 2003, the fund has managed to remain in the limelight.
The fund is intended for users looking for safeguarding their capital along with elevated liquidity by investing in Shariah-compliant assets. All earnings are reinvested in the fund and shown in the unit value. This also indicates that the dividend is not distributed among the unitholders.
The fund activities are successfully taken care of by Alistithmar for Financial Securities and Brokerage, whereas the custodian of the fund is Riyad Capital. As the fund is open-ended, the investors get an opportunity to keep close track of the fund's activities and make an informed decision. Not only this, but they can also redeem the fund's units whenever they wish to.
Alistithmar Capital SAR Murabaha fund is known for providing extraordinary returns on investments made by traders. Nevertheless, they must conduct their study before investing.
Alistithmar Capital SAR Murabaha fund is a low-risk investment. This implies that the fund doesn't put pressure on traders to lose hefty amounts.
The minimum amount fixed for investing in the Alistithmar Capital SAR Murabaha fund is SAR 2000. This states that traders cannot invest any value below than this.
The annual management fee of Alistithmar Capital SAR Murabaha fund is 0.50%. This is the value that investors must pay to their fund managers for handling their accounts.
Alistithmar Capital SAR Murabaha fund is an open-ended fund that states that investors get a free hand to make a purchase at any given time.
Alistithmar Capital SAR Murabaha fund is handled by Alistithmar for Financial Securities and Brokerage. The company aims to meet the requirements of its clients with its outstanding services.
The primary objective of Alistithmar Capital SAR Murabaha fund is to gain capital appreciation by investing in both debt and equity instruments.
The expense ratio of the Alistithmar Capital SAR Murabaha fund is 0.19%. This implies that investors require to pay a certain amount to cover the operating expenses.