King Khalid University Endowment Fund

• In its worst year, the fund lost 6.4% of its value.
• Low volatility.

• Management fee0.75%

  For every 1,000 SAR you invest per year, you pay 8 SAR in management fees (0.75% p.a.).

• Minimum investment: 1 SAR

The objective of the Fund is to strengthen the developmental role of King Khalid University which is authorized by the General Authority for Awqaf by developing investing and protecting the Fund from extinction in a way that achieves the principle of social solidarity it benefits the endowment expenses and the endowment asset as the fund manager receives the subscription amounts from the participants (endowers) and invests them with the aim of achieving growth in the endowment capital a percentage of the achieved returns (endowment yield) is distributed at least once annually to King Khalid University to be spent on the specified endowment expenses.

Manager

الإنماء المالية

Category

Multi-Asset

Fund type

Open

Risk level

High

Inception date

2024-06-04

Currency

SAR

Valuation frequency

Monthly

Sub-category

موافق الشريعة

Min. subscription

1 SAR

If you had invested…