SNB Capital Emerging Markets Index Fund

SNB Capital Emerging Markets Index Fund came into existence in the year 2006. This open-ended fund comes with a high risk which means that the investors are at high risk when investing in this fund. Hence, it's essential for investors to analyze their risk appetite before investing in this fund. However, they may get high returns if invested for a protracted timeframe. 

Managed by SNB Capital, a well-known asset management firm in Saudi Arabia, the fund charges 0.3% as the management cost from the investors. The fund manager has the complete authority to make financial decisions on the client's behalf. They can invest in equities without taking permission from the investors till the time they are in sync with the investor's goals. 

This SNB Capital emerging fund objective is to accomplish wealth appreciation for a long timeframe. Before making any expenditure, the fund aims to mimic nearly the success of the MSCI EM Islamic M-Series Index. 

The fund majorly invests in the medium-huge cap equities registered in growing markets. With the subscription charge of 0%, the minimum amount for making the investment in this fund is 7500 USD. The investors can decide whether to invest in SIP or lumpsum and make the transaction.