An open-ended fund, SNB Capital Corporates Sukuk Fund Class B is a renowned mutual fund in Saudi Arabia that comes with moderate risk. This fund can be your go-to option for people wishing to gain decent profits without being divulged to high risk. This fund aims to help you gain steady returns and diversify your account.
This Sukuk Fund Class B makes the investment in both equity and debt securities and provides investors with moderate returns. The investor will face only moderate to minimal loss even if the fund gives negative returns.
Investors who do not wish to be exposed to risk must remember that the fund comes with the risk associated with their asset distribution. An equity-based fund, for example, is more susceptible to market turbulence. On the other hand, a debt-oriented plan may be vulnerable to modest liquidity, rising prices, and rate risk measures.
When investing in SNB Capital Corporate Sukuk Fund Class B, expect to get a return of 1.20% on your investment.
When it comes to SNB Capital Corporates, it is a medium-risk fund. This indicates that the investors are exposed to average risk. The fund invests in several securities to keep a balance against inflation-adjusted returns.
37500 USD is your minimum amount if you wish to invest in SNB Capital Corporates Sukuk Fund Class B.
The average annual management fee of SNB Capital Corporates Sukuk Fund Class B is 0.75%. This is the amount you must pay the fund managers for handling your portfolio on your behalf.
SNB Capital Corporates Sukuk Fund Class B is an open-ended fund. The fund has numerous shares outstanding.
SNB Capital Corporates Sukuk Fund Class B is managed by SNB Capital. The firm is known for offering its clients detailed investment solutions.
The primary objective of SNB Capital Corporates Sukuk Fund Class B is to obtain long-tenure wealth appreciation by making an investment in commercial Sukuk within GCC and regional markets based on Shariah guidelines.
The expense ratio of the SNB Capital Corporates Sukuk Fund Class B is 0.1 percent. The fund charges some operating costs to handle the fund, such as administration prices, custodian fees, management fees, and more.