Established in 2000, SNB Capital Global Healthcare fund is an open-ended fund known for providing high returns on investment. The fund is valued daily, and the announcement is also made on a per-day basis. Managed by SNB Capital, the fund managers charge minimal management fees to handle the investment on the client's behalf.
This Shariah-compliant fund in Saudi Arabia has received a license from the Shariah Committee. Every documentation of the fund is designed as per the Investment Funds Regulations. All the documents contain comprehensive, transparent, relevant, and non-misleading data about the investment fund, which will be revised and changed.
This healthcare fund aims to provide high returns to investors if the investment is made for a moderate to long-tenure period. However, the fund managers ensure to invest in healthcare or healthcare-related organizations per the Sharia guidelines. They aim to gain competitive returns by investing in organizations with lower debt ratios and working according to the fund's investment objectives.
Still, if you are unsure about this fund, check out Nakla app for detailed information. The app shows a graphical representation of the fund's performance and gives investors a clear picture. Not only this, but the Nakla app also allows you to connect with the portfolio managers and clarify all your doubts related to this SNB Capital Global Healthcare fund.
SNB Capital Global Healthcare Fund provides returns up to 16.33% YTD when making investments for a long tenure. You might not get your desired return if you invest for a short tenure in this fund.
SNB Capital Global Healthcare Fund is a high-risk fund. This implies that this fund has enormous potential and can deliver good yields. However, when investing in this high-risk mutual fund, investors must proactively and completely monitor its performance on a regular basis.
The minimum amount required to invest in the SNB Capital Global Healthcare Fund is SAR 7500. This is the smallest amount an investor must have when planning to invest in this fund.
The average annual management cost of SNB Capital Global Healthcare fund is 1.85%. This is basically an amount charged by the fund manager to handle the fund on their behalf successfully.
SNB Capital Global Healthcare Fund is an open-ended fund. This stated that the fund utilizes pooled assets enabling the latest offerings and withdrawals from buyers of the pool.
SNB Capital manages the SNB Capital Global Healthcare fund. The firm is a Saudi joint stock organization and is certified by the capital market authority.
SNB Capital Global Healthcare fund aims to accomplish medium to long-term capital appreciation by investing in listed equities of health care organizations as per the Sharia rules. The fund aspires to produce better returns over the medium to long term by strategically engaging in firms with low debt levels that adhere to the fund's investment plan.
The expense ratio of the SNB Capital Global Healthcare fund is 0%. The expense ratio might be significant when the fund's assets are low. This is due to the fact that the fund must fulfill its costs from a limited or reduced capital base.