Balanced Fund 2

Balanced Fund 2

Achieve continued increase in investors capital in the long term without distribution of profits which will be re-invested with the capital, through investment in various Al Rajhi funds with their different return and risk profiles (minimum 40% in commodities and the rest in one or more of Al Rajhi share funds).

Features

• Date of launch : December 1998 , unit price : USD 100
• Risks: investment in shares entails high risks due to fluctuations in prices of shares and currencies in the market in addition to currency risks. Such risks are mitigated by the policies applied by Fund management through diversification of the fund portfolio in terms of countries and different economic sectors in addition to selection of companies known for their strong financial position.
• Minimum subscription amount : 2000 $
• Minimum Additional subscription: 1000 $
• Minimum redemption : 1000 $
• Evaluation : weekly.
• Days of business : Sunday through Wednesday.
• Redemption payment : Sunday following the day of accepting the request for redemption at the rate announced at that time.
• Currency of the fund : US Dollar.
• Subscription fees 2% of subscription amount.
• Management Fees : None.