SNB Capital GCC Growth And Income Fund

About SNB Capital GCC Growth And Income Fund

An open-ended fund, SNB Capital GCC Growth and Income Fund came into existence in 2011. Being a high-risk fund, this investment fund gives a higher return when invested for a more extended period of time. The fund's valuation is done daily, and the same is the case with announcement days. 

The fund is successfully handled by SNB Capital, which offers a broad range of Local and GCC Sharia-Compliant Equity Funds to meet your requirements. They are the global leader in the instantly expanding field of Islamic Shariah-compliant mutual funds. No matter your savings goals, they have a mutual fund to meet them. Their professional, devoted team will advise you and handle the procedure, making mutual fund investment straightforward and efficient. ​​​​​

The SNB Capital GCC Growth and Income Fund is an open-ended investment fund that pursues long-term higher revenue transmission by predominantly engaging in GCC equity markets with excellent profits and cash flow growth prospects in compliance with Shariah standards published by the Fund Shariah Board. 

However, if you're still unsure about what amount to invest and feel like gathering more information about this fund, you can explore the Nakla app. The app showcases all the vital details related to the fund and highlights the fund's performance to give a clear picture to investors.

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FAQs about SNB Capital GCC Growth And Income Fund

What Kind of Returns does SNB Capital GCC Growth And Income Fund Provide?

When you make an investment in SNB Capital GCC Growth And Income Fund, rest assured to get a return of 16.9% on a yearly basis.

How risky is the SNB Capital GCC Growth And Income Fund?

SNB Capital GCC Growth And Income Fund is a high-risk fund. This fund has outstanding potential and the capability to offer high returns.

What minimum amount do you need to invest in the SNB Capital GCC Growth And Income Fund?

The minimum amount you need to invest in the SNB Capital GCC Growth And Income Fund is SAR 5000. The expense of handling your investment or assets is referred to as management fees. Management price varies per manager and financial business but is often calculated as a proportion of total assets under management.

What is the Average Annual Management Fee of SNB Capital GCC Growth And Income Fund?

The average Annual Management Fee of SNB Capital GCC Growth And Income Fund is 1.85%. Management fees can cover various charges, including investment management, financial advice, and administration costs.

What is the Fund Type of SNB Capital GCC Growth And Income Fund?

SNB Capital GCC Growth And Income Fund is an open-ended fund. The fund sponsor trades and redeems units promptly to clients. The present net asset value of such shares is used to value them daily (NAV).

Who manages the SNB Capital GCC Growth And Income Fund?

The fund manager of SNB Capital GCC Growth and Income fund is SNB Capital. SNB Capital is a wealth management and investment banking organization based in Riyadh, Saudi Arabia.

What are the SNB Capital GCC Growth And Income fund's goal?

The fund pursues long-term capital and income dispersion by directly investing in GCC dividend-paying firms' listed shares and many other Shariah-based businesses with high profitability and cash flow growth prospects.

What is the expense ratio of the SNB Capital GCC Growth And Income Fund?

The expense ratio of the SNB Capital GCC Growth And Income Fund is 0%. A fund's expense ratio is derived by dividing the entire sum of fund charges (including management and operational expenditures) by the total worth of the fund's assets.

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