Jadwa Saudi Riyal Murabaha Fund Class A is a popular mutual fund in Saudi Arabia that has marked its position amongst investors. Being a medium-risk fund, this fund is known for offering moderate returns. Also, investors do not get exposed to high volatility as the funds majorly invest in debt instruments.
With the minimum value fixed at SAR 10,000,000, investors can start investing in this fund with it. However, they cannot invest any amount less than the stated value as it is fixed by the fund managers. These managers fix this worth taking into account several factors so that their cash flow doesn’t get impacted due to less funds.
The fund charges an annual amount from the traders investing in this fund. This amount ranges to 0.10%. However, investors must keep a close eye on the expense ratio before selecting the fund, as it may have a significant impact on the fund’s overall performance.
Jadwa Saudi Riyal Murabaha Fund Class A offers reasonable returns to users on their investments. Nevertheless, they must remain invested for a longer period of time.
Jadwa Saudi Riyal Murabaha Fund Class A is a medium-risk fund. This states that investors must check their income state and risk appetite before investing.
The minimum amount required for investing in the Jadwa Saudi Riyal Murabaha Fund Class A is SAR 10,000,000. This value is finalized by taking into account various factors.
The annual management cost of Jadwa Saudi Riyal Murabaha Fund Class A is 10%. Investors must pay this amount to fund managers for handling their portfolios.
Jadwa Saudi Riyal Murabaha Fund Class A is an open-ended fund. This states that investors can sell the units of funds on any working day.
Jadwa Saudi Riyal Murabaha Fund Class A is handled by Jadwa Investment. The company is recognized for offering detailed investment services in the region.
The primary objective of Jadwa Saudi Riyal Murabaha Fund Class A is to gain revenue by making an investment in Sharia-compliant equities and debt instruments.
The expense ratio of the Jadwa Saudi Riyal Murabaha Fund Class A is 0.10%. This value is charged on an annual basis from the people investing in this fund.