Quran Kareem Associations Endowment Fund
Low fees, but weak returns despite moderate risk.
Past performance
Should I worry?
- In its worst year, the fund lost 6.4% of its value.
- Low volatility.
What it costs you
- Management fee0.4%
For every 1,000 SAR you invest per year, you pay 4 SAR in management fees (0.4% p.a.).
- Minimum investment: 1 SAR
About this fund
Encouraging voluntary community participation in non-profit development investment and effective contribution under the concept of social solidarity to participate in supporting the Holy Quran Memorization Associations throughout the Kingdom of Saudi Arabia to develop and invest their assets in the fund in order to enhance their value and develop the endowed capital for the benefit of community members through the services of teaching the Holy Quran memorizing it and learning to live by it and developing educational facilities and programs for all segments of society.
- Manager
- الراجحي المالية
- Category
- Multi-Asset
- Fund type
- Open
- Risk level
- High
- Inception date
- 2023-08-10
- Currency
- SAR
- Valuation frequency
- Sunday and Tuesday
- Sub-category
- موافق الشريعة
- Min. subscription
- 1 SAR
If you had invested…
News & Announcements
Source: Saudi Exchange (Tadawul)
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Important Notice
Not financial advice. Past performance ≠ future results. Investing involves risk of loss. Consult a financial advisor before making investment decisions.