Established in 2005, SNB Capital GCC Trading Equity Fund is an open-ended fund with high risk. Hence, this fund is the perfect option for those investors who are well-versed in the financial market and have excellent risk tolerance. It is essential to possess knowledge about the market while investing in this fund as it helps you to track the performance of the fund.
This SNB Capital GCC Trading Equity Fund aims to provide long-tenure wealth appreciation. They achieve this by making investments in Shariah-compliant funds and GCC exchange markets. However, it’s essential to note that the dividends will not be paid out to the unitholders. Instead, it will be reinvested back into the fund.
The fund invests in GCC market corporation shares comprising initial public offerings, exchange-traded funds, and right issues registered by the capital market authority. Besides this, the fund also ensures to make the investment in property traded funds and organizations registered on the Saudi Parallel market.
SNB Capital, a renowned asset management firm, handles all the activities of SNB Capital GCC Trading Equity fund. The fund is valued daily, and the announcement is also made on a regular basis. With a management charge of 1.85%, the fund ensures making an investment in such shares that provide significant returns to the investors on their investment.
Since its inception, SNB Capital GCC Trading Equity fund has provided a return of 12.11%. However, investing for a longer tenure is essential to reap its benefits.
SNB Capital GCC Trading Equity Fund is a high-risk fund. Hence, investors need to analyze their risk appetite and budget before investing in this fund.
The minimum amount required to invest in the SNB Capital GCC Trading Equity Fund is 5000 SAR. This amount is fixed by the fund managers involved in handling the funds.
The annual management fee of SNB Capital GCC Trading Equity Fund is 1.85%. This value is derived proportionately on every valuation day and subtracted monthly.
SNB Capital GCC Trading Equity Fund is an open-ended fund which implies that the investors can enter and exit the funds as per their wish.
SNB Capital handles SNB Capital GCC Trading Equity Fund. The firm is widely recognized for meeting the investment requirements of investors in Saudi Arabia.
The primary objective of SNB Capital GCC Trading Equity Fund is to accomplish long-term capital appreciation via making investments in the GCC equity markets based on Shariah guidelines.
The expense ratio of the SNB Capital GCC Trading Equity fund is 0%. This implies that the investors are not required to pay any additional amount to the fund managers to handle their portfolio.