Money Market026002Shari'ah compliant
MEFIC Saudi Riyal Murabaha Fund
شركة الشرق الأوسط للإستثمار المالي
Balanced and conservative: average fees, decent returns, contained risk.
Mid CostMid ReturnLow Risk
1Y Return+4.8%
Total Fees0.60%
Past performance
This Year+3.08%
Should I worry?
- In its worst year, the fund lost 14.0% of its value.
- Low volatility.
What it costs you
- Management fee0.5%
For every 1,000 SAR you invest per year, you pay 5 SAR in management fees (0.5% p.a.).
- Total expense ratio0.1%
Total annual cost (all fees) is 0.1% — that's 1 SAR per 1,000 SAR invested.
- Minimum investment: 2,000 SAR
About this fund
Objective of the Fund to achieve capital increase and the provision of liquidity through investment in low-risk Murabaha based trade transactions that are compliant with Shariah principles. and achieve a return above the benchmark SIBOR 3 months
- Category
- Money Market
- Fund type
- Open
- Risk level
- Low
- Inception date
- 2011-01-03
- Currency
- SAR
- Valuation frequency
- Daily
- Sub-category
- موافق الشريعة
- Min. subscription
- 2,000 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.