Alinma Multi-Assets Balanced Fund for Monthly Distributions

• In its worst year, the fund lost 23.5% of its value.
• Low volatility.

• Management fee1.5%

  For every 1,000 SAR you invest per year, you pay 15 SAR in management fees (1.5% p.a.).

• Total expense ratio0.22%

  Total annual cost (all fees) is 0.22% — that's 2 SAR per 1,000 SAR invested.

• Initial subscription fee: 1.50%
• Minimum investment: 1 SAR

Fund seeks to balance between equity and fixed income asset classes by investing at most 50% of Fund's assets into local equity market. Fund adopts a variety of investment strategies which aims to achieve optimal distribution of assets types to neutralize impact on return.The Fund invests in the following asset class: Equity Murabaha Structured Products Sukuk and Funds.

Manager

الإنماء المالية

Category

Multi-Asset

Fund type

Open

Risk level

Mid to High

Inception date

2013-04-06

Currency

SAR

Valuation frequency

Monday and Wednesday

Sub-category

موافق الشريعة

Min. subscription

1 SAR

Subscription charge

1.50%

If you had invested…