Riyad Saudi Equity Sharia Fund can be your go-to option if you are seeking for Shariah-based worldwide investment possibilities in Banking, Software, Customer, Mobile applications, and Medical services. This fund is designed in a way that it targets such organizations for investment that showcase consistent return patterns. By investing in this fund, your portfolio gets exposed to top-rated equities worldwide.
The functioning of this fund is managed by the Riyad Capital Company and is sub-handled by JP Morgan. Possessing immense knowledge and experience in the investment sector, fund managers ensure to invest their securities in global stocks over various sectors. However, all the investment is made as per the Shariah guidelines.
The money managers working on this fund make use of analytics and shortlist such organizations with excellent fundamentals and the one that offers revenue in the long run in Saudi Arabia. This high-risk fund is valued on Monday and Wednesday. On the other hand, the announcement is made on Sunday and Tuesday. Also, the subscription charge fixed for the fund is 1%.
Riyad Global Equity Sharia Fund provides an excellent return on investment made by investors in the Middle East. However, investors must ensure to remain invested for a more extended period of time.
Riyad Global Equity Sharia Fund is a high-risk fund. Hence, this fund is best suited for such investors who have high-risk tolerance and are prepared to expose their portfolios.
The minimum amount needed to invest in the Riyad Global Equity Sharia Fund is 2500 USD. investors must see their budget before entering into this deal as they can only invest the stated value.
The average Annual Management Fee of Riyad Global Equity Sharia Fund is 1.75%. By paying this worth, investors get the benefit of getting their accounts handled by professional experts.
Riyad Global Equity Sharia Fund is an open-ended fund that enables traders to enter and exit the fund depending on their wishes. This is because there is no lock-in period.
Riyad Global Equity Sharia Fund is managed by Riyad Capital company. The organization aims to meet its customer's needs and requirements.
Riyad Global Equity Sharia Fund's objective is to gain revenue by majorly investing in global stocks. However, they must be based on Shariah guidelines.
The expense ratio of the Riyad Global Equity Sharia Fund is 0.084%. This worth is deducted from the revenue earned by the investors before distributing it.