Saudi Equity026006Shari'ah compliant
MEFIC SAUDI EQUITY FREESTYLE FUND
شركة الشرق الأوسط للإستثمار المالي
Strong returns but high risk and average fees — for active investors.
Mid CostHigh ReturnHigh Risk
1Y Return+16.4%
Total Fees2.25%
Past performance
This Year+17.60%
Should I worry?
- In its worst year, the fund lost 21.7% of its value.
- Medium volatility.
What it costs you
- Management fee1.75%
For every 1,000 SAR you invest per year, you pay 18 SAR in management fees (1.75% p.a.).
- Total expense ratio0.5%
Total annual cost (all fees) is 0.5% — that's 5 SAR per 1,000 SAR invested.
- Initial subscription fee: 2.00%
- Minimum investment: 10,000 SAR
About this fund
MEFIC Freestyle Saudi Equity Fund is an open-ended investment fund which aims to achieve capital growth over the long term through investing primarily in stocks of Shariah compliant companies that are listed on the Saudi Stock Exchange.
- Category
- Saudi Equity
- Fund type
- Open
- Risk level
- High
- Inception date
- 2017-12-31
- Currency
- SAR
- Valuation frequency
- Monday and Thursday
- Sub-category
- موافق الشريعة
- Min. subscription
- 10,000 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.