ALSuqia Association Endowment Fund
Low fees, but weak returns despite moderate risk.
Past performance
Should I worry?
- In its worst year, the fund lost 6.0% 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
To encourage voluntary community participation in non profit development investment and effective contribution under the concept of social solidarity to participate in supporting irrigation associations around the Kingdom of Saudi Arabia to develop and invest their assets in the fund for the purpose of enhancing their value and developing the endowed capital in a way that supports irrigation projects through drilling wells establishing and maintaining desalination plants and providing potable water. The Fund Managers participation in investing assets in all asset categories with diverse risks and in a way that achieves the development goal of the endowed capital with the distribution of the endowment yield to irrigation associations contributing to the fund at no less than 70% of the net profits annually from distributed profits or capital gains.
- Manager
- الراجحي المالية
- Category
- Saudi Equity
- Fund type
- Open
- Risk level
- Medium
- Inception date
- 2024-09-02
- Currency
- SAR
- Valuation frequency
- Daily
- 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.