SNB Capital Freestyle Saudi Equity Fund

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4.90

SAR 2.7586

NAV (Apr 1, 2023)

+8%

NAV (Apr 1, 2023)

Historical NAV

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

16.28%

YTD

15.85%

Last 3Y

28.47%

Last 3 months

5.37%

Last 5Y

21.57%

About SNB Capital Freestyle Saudi Equity Fund

Investment Objective

Established in the year 2015, SNB Capital Freestyle Saudi Equity Fund is a prominent open-ended equity fund in Saudi Arabia. This fund was designed with the aim of attaining long-term capital appreciation by investing majorly in Shariah-compliant Saudi registered firms. The fund does not payout dividends. Instead, they are reinvested.

This SNB capital fund majorly spends on Shariah-compliant organisations' shares. The firm follows the rules released by the Shariah Committee. Apart from this, it is also involved in investing in property investment traded funds, IPOs, and firm shares registered on the Saudi Parallel market.

Handled by SNB Capital, the fund is primarily involved in investing in Saudi stock exchange enterprises. However, it may keep around 50% of its holdings in monetary form owing to specified scenarios. The fund managers use their experience and knowledge to make a wise investment and ensure that the investors profit from their investments.

An open-ended fund, this freestyle Saudi Equity fund comes with high risk wherein the investors must take extra precautions when investing. They need to keep track of the performance of the fund on a regular basis and be prepared to deal with high risk. Though the risk involved is higher, the investors may get higher returns on their investments.

Expense Ratio

0.0002%

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

Medium

Minimum Subscription

7500

Subscription charges

0.02%

Management fees

Leverage

Launched Date

2010/09/30

Fund Managers

SNB Capital

Fund Manager

FAQs on SNB Capital Freestyle Saudi Equity Fund

What types of Returns do you get from SNB Capital Freestyle Saudi Equity Fund?

When investing in SNB Capital Freestyle Saudi Equity Fund, expect to get a return of 25.54% YTD. However, it's essential to keep in mind to invest for a longer tenure to gain higher returns.

Can you state the risk associated with SNB Capital Freestyle Saudi Equity Fund?

SNB Capital Freestyle Saudi Equity Fund, as the name states, is a high-risk fund. Hence, it provides enormous dividends to investors. This fund can be your best option if you are ready to take a high risk to get higher returns.

What minimum amount do you need to invest in the SNB Capital Freestyle Saudi Equity Fund?

The minimum amount you require to invest in the SNB Capital Freestyle Saudi Equity Fund is 5000 SAR. This implies that a person cannot spend or purchase any value they wish, but they must purchase at least the specified value.

What is the Annual Management Fee of SNB Capital Freestyle Saudi Equity Fund?

The average Annual Management Fee of SNB Capital Freestyle Saudi Equity Fund is 1.75%. This percentage is utilised to pay the investment managers who invest their time and energy in managing the investment profile.

What type of fund is SNB Capital Freestyle Saudi Equity Fund?

SNB Capital Freestyle Saudi Equity Fund is an open-ended fund which enables buyers to redeem the units on any working day. As a result, this offers a crucial liquidity element to your investing plan.

Who is responsible for handling the SNB Capital Freestyle Saudi Equity Fund?

SNB Capital Freestyle Saudi Equity fund is successfully handled by SNB Capital. SNB Capital is a joint-stock firm which has received a license from the Capital Market Authority of Saudi Arabia.

What is the major motto of SNB Capital Freestyle Saudi Equity Fund?

The major objective of SNB Capital Freestyle Saudi Equity Fund is to seek long-term wealth development in the Saudi stock market. They aim to do this via strategic investment and control of a focused group of Sharia law firms. There will be no payouts from the fund. Investment income and dividend payouts will be spent instead.

What is the expense ratio of the SNB Capital Freestyle Saudi Equity Fund?

The expense ratio of the SNB Capital Freestyle Saudi Equity Fund is 0%. This states that the fund manager does not charge any amount from the investors for handling their funds.

Investment Calculator

SAR 5000 per month

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