Orphans 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 Orphan 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 in a way that benefits the community members from the orphans and provides care training and rehabilitation services and empowers them morally socially and functionally to enhance the quality of their lives and the lives of their families.
- 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.