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European Fund

 

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 shares of international companies in Europe

Features

  • Date of launch : December 1996 , unit price : USD 100
  • Risks : investment in shares entails high risks due to fluctuations in prices of shares and currencies in the market. Fund management is focused on minimizing such risks through diversification of the fund portfolio with regard to 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 : 1% of subscription amount.
  • Management fees : 2.5 % of the fund assets annually.
 
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