Riyad Al Mutawazen Sharia Fund

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  • Rate
    4.90
29.0574
NAV (Feb 16, 2024)
+12.01%
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NAV (Feb 16, 2024)
Historical NAV
%
NO DATA FOUND
  • 7D
  • 1M
  • 3M
  • YTD
  • 1Y
  • 3Y
  • 5Y
  • ALL
Fund Returns
Last 1Y
-7.71%
YTD
-9.02%
Last 3Y
9.94%
Last 3 months
-1.27%
Last 5Y
16.49%
CAGR Month 6

About Riyad Al Mutawazen Sharia Fund

Investment Objective

Since its inception on 31st December 2002, Riyad Al Mutawazen Sharia Fund has marked its position in the market in Saudi Arabia regions. The fund enables you to invest in a mix of fast-growth equity and capital preservation for the highest potential returns. It offers investment options by modifying and combining a 50/50 stake in capital appreciation and safeguarding capital.

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 growth to investors by acquiring excellent companies that adhere to Shariah rules. The fund's emphasis on Shariah-compliant assets could offer diversity and the possibility for long-term profits for shareholders.

The fund is managed by Riyad Capital which is a well-known asset management organization in Saudi Arabia. It has a proven track record in overseeing investment accounts as well as offering customers financial advice. The business's concentration on Shariah-compliant investing techniques and its dedication to generating better returns for clients make it an appealing alternative for Shariah-compliant investors.

Expense Ratio
0.08%
Asset Class
Funds of Funds
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Growth
Risk Level
Medium
Minimum Subscription
5000
Subscription charges
1%
Management fees
0.4%
Leverage
0%
Launched Date
2010/09/30

Fund Managers

Riyad Capital
Fund Manager

FAQs about Riyad Al Mutawazen Sharia Fund

What types of returns does Riyad Al Mutawazen Sharia Fund offer?

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Riyad Al Mutawazen Sharia Fund is known for offering outstanding returns on investments made by traders. However, they must plan their investments considering their income and expenses.

How risky is the Riyad Al Mutawazen Sharia Fund?

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Riyad Al Mutawazen Sharia Fund is a medium-risk fund. This states that the traders can invest any amount of money in this fund without the fear of losing a vast sum.

What is the minimum amount that you need to invest in the Riyad Al Mutawazen Sharia Fund?

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The minimum amount needed for investing in the Riyad Al Mutawazen Sharia Fund is SAR 5000. This value is specified by the fund managers.

What is the annual management fee of Riyad Al Mutawazen Sharia Fund?

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The annual management cost of Riyad Al Mutawazen Sharia Fund is 0.40%. This value specifies the amount traders must pay the fund managers for their services.

What is the Fund Type of Riyad Al Mutawazen Sharia Fund?

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Riyad Al Mutawazen Sharia Fund is an open-ended fund which means that traders have got a free hand to purchase the fund's units seamlessly.

Who manages the Riyad Al Mutawazen Sharia Fund?

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Riyad Al Mutawazen Sharia Fund is managed by Riyad Capital. The company is known for offering exceptional investment services.

What is the Riyad Al Mutawazen Sharia Fund's Goal?

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The fundamental goal of Riyad Al Mutawazen Sharia Fund is to help investors gain income by investing in Sharia-compliant instruments.

What is the expense ratio of the Riyad Al Mutawazen Sharia Fund?

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The expense ratio of the Riyad Al Mutawazen Sharia Fund is 0.08%. Investors must keep an eye on the expense ratio as it significantly impacts their profits.

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

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