Established on 31st December 2002, Riyad Al Mutahafedh Sharia Fund is a renowned mutual fund in Saudi Arabia. Since the fund comes with low risk, investors investing in this fund can rest assured that they won't incur huge losses in case of any market fluctuation. Not only this, they can earn revenue by making the investment for a shorter period of time.
The fund invests in a diverse portfolio of Shariah-compliant shares traded on the Saudi stock exchange. The fund's investment goal is to deliver long-term wealth gain to clients by investing in reputable companies that adhere to Shariah rules. Moreover, this low-risk fund's emphasis on Shariah-compliant assets can provide diversity and the possibility for long-term profits for investors.
With a management fee of 0.10%, the fund is handled by Riyad Capital which is a successful investment firm in the region. The company strives hard to stay up-to-date with market trends and meet the growing investment needs of its clients.
Riyad Al Mutahafedh Sharia Fund offers reliable returns on investments made by traders. Nevertheless, investors must take into account their expenses and other factors.
Riyad Al Mutahafedh Sharia Fund is a low-risk mutual fund. This implies it is best suited for people who don't want to undergo huge risks.
The minimum amount required for investing in the Riyad Al Mutahafedh Sharia Fund is SAR 5000. This value is fixed by investment managers to ensure they have sufficient capital flow.
The annual management cost of Riyad Al Mutahafedh Sharia Fund is 0.10%. This value specifies the amount one needs to pay for professional services.
Riyad Al Mutahafedh Sharia Fund is an open-ended fund. This implies that traders can gain exposure to a diversified portfolio of securities.
Riyad Al Mutahafedh Sharia Fund is managed by Riyad Capital. The firm is recognized for providing out-of-the-box investment services to people.
The primary goal of Riyad Al Mutahafedh Sharia Fund is to gain capital appreciation in the short run by investing in securities that are based on Shariah guidelines.
The expense ratio of the Riyad Al Mutahafedh Sharia Fund is 0.09%. This amount is deducted from the individual's profit.