For those aged 25 years and under:
To support young people and motivate them to build the habit of investing and facilitate their achievement of their financial goals, we launched the Generation Z account, so that the account management fee for those under 25 years old is only SAR 1 per month (excluding VAT) until their total investments reach SAR 60,000. If the invested amount exceeds SAR 60,000 or higher, then normal fees apply (0.4% of the invested amount annually, excluding VAT).
| Portfolio market value | Monthly fees | Monthly percentage | | 10,000 SAR | 1 SAR | 0.01% | | 50,000 SAR | 1 SAR | 0.002% | | 60,000 SAR | 20 SAR | 0.033% | | 100,000 SAR | 33.3SAR | 0.033% |
For those aged 26 years and above:
The annual fee for all portfolios combined is SAR 20 (excluding VAT), if the average market value of all of your portfolios is less than SAR 60,000. If the average market value of your total portfolios is SAR 60,000 or more, then the monthly fee becomes 0.033% per month, equivalent to 0.4% annually of the market value of your portfolios (excluding VAT), and there are no other fees.
| Portfolio market value | Monthly fees | Monthly percentage | | 10,000 SAR | 20 SAR | 0.1% | | 40,000 SAR | 20 SAR | 0.05% | | 60,000 SAR | 20 SAR | 0.033% | | 100,000 SAR | 33.3SAR | 0.033% | | 200,000 SAR | 66 SAR | 0.033% |
Note: All fees are deducted monthly from your investment account.