Nafaqah Waqf Fund
A solid conservative choice: low fees, decent returns, contained risk.
Past performance
Should I worry?
- In its worst year, the fund lost 7.4% of its value.
- Low volatility.
What it costs you
- Management fee0.6%
For every 1,000 SAR you invest per year, you pay 6 SAR in management fees (0.6% p.a.).
- Minimum investment: 1,000 SAR
About this fund
Enhancing the developmental role of the private endowments in supporting the fund by developing the endowed assets of the fund investing them and protecting them from extinction in a way that achieves the principle of social solidarity and benefits the endowment banks and the suspended asset where the fund manager receives subscription amounts from subscribers (the endowments) and invests them in local and international investment funds All asset classes aim to achieve growth in the endowment capital and a percentage (50%) of net profits (endowment yield) is distributed periodically to the endowment banks specified for the fund represented by the beneficiary entity
- Manager
- جدوى للإستثمار
- Category
- Saudi Equity
- Fund type
- Open
- Risk level
- High
- Inception date
- 2020-10-20
- Currency
- SAR
- Valuation frequency
- Monday and Thursday
- Sub-category
- موافق الشريعة
- Min. subscription
- 1,000 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.