Saudi Equity012057Shari'ah compliant
Al Rajhi Momentum Fund
Average returns don't justify the high volatility at average fees.
Mid CostMid ReturnHigh Risk
1Y Return-4.7%
Total Fees2.00%
Past performance
This Year-2.56%
Should I worry?
- In its worst year, the fund lost 26.0% of its value.
- Medium volatility.
What it costs you
- Management fee2%
For every 1,000 SAR you invest per year, you pay 20 SAR in management fees (2% p.a.).
- Initial subscription fee: 2.00%
- Minimum investment: 10 SAR
About this fund
Al Rajhi Momentum Fund is a public open-ended investment fund which aims to achieve capital appreciation by investing mainly in listed companies in the Saudi stock markets with high liquidity opportunities in compliance with the Sharia regulations approved by the Sharia Board of the Fund.
- Manager
- الراجحي المالية
- Category
- Saudi Equity
- Fund type
- Open
- Risk level
- High
- Inception date
- 2023-08-29
- Currency
- SAR
- Valuation frequency
- Daily
- Sub-category
- موافق الشريعة
- Min. subscription
- 10 SAR
- Subscription charge
- 2.00%
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.