Established in the year 2017, SNB Capital Al Jood GCC Equity Fund is an open-ended public investment fund that comes with high risk. When talking about the fund's details, the fund is valued on Monday and Wednesday. And then the announcement is made on Tuesday and Thursday. With 0% management fees, the fund is successfully managed by SNB Capital.
SNB Capital is the commodities, wealth management, and investment banking division of Saudi National Bank, the most significant commercial bank in the Kingdom of Saudi Arabia. SNB Capital offers Commodities, Property & Asset Management, and Corporate Finance services to: (i) local retail, affluent, and Great Net Worth customers; and (ii) regional and worldwide corporate customers.
The Capital Market Authority has licensed and approved SNB Capital to undertake the necessary assistance: trading as principal and agent, holding, insuring, monitoring, organizing, and advising on stocks. You don't have to take tension about the finances because financial experts actively manage them.
If you're still contemplating investing in this fund, you may discover more about something by installing the Nakla app. The portal showcases the fund's background as well as other essential facts that will help you understand more about the fund on the fund's homepage. Additionally, before making final decisions, you should meet with financial management to determine your goals and seek expert advice.
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When investing in SNB Capital Al Jood GCC Equity Fund, expect a return of -10.4%. When you invest in a high-risk mutual fund, you must wholly and proactively monitor its progress on a daily basis.
SNB Capital Al Jood GCC Equity Fund is a high-risk fund. These funds are funds with enormous potential and the possibility to deliver high returns. These funds, nevertheless, are volatile and carry significant risks.
The minimum amount you need to invest in the SNB Capital Al Jood GCC Equity Fund is SAR 5000. However, you can spend your desired amount based on your earnings, but it should meet the minimum value criteria.
The Average Annual Management Fee of SNB Capital Al Jood GCC Equity Fund is 0%. While investing in this fund, you don't require to pay any management fees to the managers to manage your fund on your behalf.
SNB Capital Al Jood GCC Equity Fund is an open-ended fund. This kind of fund is a diversified portfolio of aggregate investor funds with the ability to enforce an infinite amount of shares. The fund sponsor trades and repays stock promptly to clients.
SNB Capital Al Jood GCC Equity Fund is managed by SNB Capital. Asset management, corporate finance, securities trading, and investment advisory services are some of the sectors in which the company concentrates. SNB Capital serves consumers in Saudi Arabia and the MENA area.
SNB Capital GCC Trading Equity Fund is an open-ended investment fund that targets long-term capital growth by investing in Shariah-compliant firms listed on GCC stock exchanges. There will be no payouts to Shareholders from the Fund.
The expense ratio of the SNB Capital Al Jood GCC Equity Fund is 0%. The expense ratio is a proportion that indicates how much cash you pay the AMC as a charge to handle your investments.
Now, what to wait for, it’s time to put your funds to work today.