SNB Capital Al Musahem GCC Fund

  • No items found.
  • Rate
    4.90
SAR 32.9648
NAV (Feb 2, 2023)
+11.13%
NAV (Feb 2, 2023)
Historical NAV
11.13%
NAV (Feb 2, 2023)
+0.75%
1D
Mutual fund graph
  • 1D
  • 5D
  • 1M
  • 3M
  • 1Y
  • 3M
  • 5Y
  • 10Y
  • All
Fund Returns
Last 1Y
27.83%
YTD
13.89%
Last 3Y
18.14%
Last 3 months
-8.24%
Last 5Y
11.6%
CAGR Month 6

About SNB Capital Al Musahem GCC Fund

Investment Objective

Since its inception in 2006, SNB Capital Al Musahem GCC Fund has been an open-ended fund with high risk. Hence, if you are investing in this fund, it is advisable to invest for a long tenure to gain excellent yields on your investment. Moreover, reviewing the fund’s performance from time to time is also essential. 

This Al Musahem GCC fund majorly spends in GCC Stock Exchanges registered firms' shares. Simultaneously, it invests almost 90% of NAV in GCC corporation shares. They also invest around 10% of net asset value in organisations registered by Parallel Market. 

The investment manager ensures to keep a decent part of the fund’s assets in distinct forms like cash, investments in money markets, and more. They use their skills and knowledge to invest funds in securities that provide great returns. With no management fees and the expense ratio, investing in this fund can be a wise option wherein the investor doesn’t require to pay additional charges for handling their portfolio. 

With a minimum subscription of 7500 SAR, the fund is valued on Monday and Wednesday, and the announcement is made on Tuesday and Thursday. However, it’s essential to remember that this fund in the United Arab Emirates does not pay dividends to unitholders. Instead, all the cash dividends are reinvested in the fund, which will enhance the worth and units of the fund.

Expense Ratio
0%
Asset Class
Equity
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
NO
Fund Objective
Growth
Risk Level
High
Minimum Subscription
0
Subscription charges
0
Management fees
0
Leverage
0
Launched Date
2010/09/30

Fund Managers

SNB Capital
Fund Manager

FAQs about SNB Capital Al Musahem GCC Fund

What Kind of Returns does SNB Capital Al Musahem GCC Fund?

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SNB Capital Al Musahem GCC Fund provides a return of 24.13% YTD in the Middle East.

How risky is the SNB Capital Al Musahem GCC Fund?

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SNB Capital Al Musahem GCC Fund is a high-risk fund. Though the fund is extremely unstable in nature, it provides excellent dividends to the users.

What minimum amount do you need to invest in the SNB Capital Al Musahem GCC Fund?

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7500 SAR is the minimum amount you need when you wish to invest in this Al Musahem GCC Fund. This amount specifies that it is the minimum value that you must invest when starting the investment for the first time in this fund.

What is the average Annual Management Fee of SNB Capital Al Musahem GCC Fund?

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The average Annual Management Fee of SNB Capital Al Musahem GCC Fund is 0%. You don’t need to pay any amount to the fund managers to manage your portfolio. They use their skills and experience to choose securities and make investments that provide excellent yields.

What is the Fund Type of SNB Capital Al Musahem GCC Fund?

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SNB Capital Al Musahem GCC Fund is an open-ended fund allowing investors to redeem their units anytime per their requirements. Moreover, this fund has a considerable number of outstanding shares.

Who manages the SNB Capital Al Musahem GCC Fund?

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SNB Capital Al Musahem GCC fund is managed by SNB Capital, which offers a broad range of investment banking services. The firm received its license from the Capital Market Authority in Saudi Arabia.

What is the SNB Capital Al Musahem GCC Fund’s goal?

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SNB Capital Al Musahem GCC Fund’s goal is to gain long-term wealth appreciation via spending on such organisation’s shares registered on GCC Stock Exchanges.

What is the expense ratio of the SNB Capital Al Musahem GCC Fund?

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The expense ratio of the SNB Capital Al Musahem GCC Fund is 0%. This implies that an investor is not charged any amount annually for handling their funds.

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

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