Since its inception in 2003, SNB Capital Multi-Asset Conservative Fund has marked its position in the market and among investors. Being an open-ended fund, the fund enables the investors to invest in the fund at any time as per their wish. Moreover, if they feel the fund is not performing well or have any other reasons, they can easily withdraw the fund as it does not have any lock-in period.
The fund charges 1 percent as the management fee from the investors for the fund managers who invest their time and energy in managing the investment account. Not only this, but the fund managers also give essential investment advice to investors for making the investment. They conduct thorough research before making any investment decision and finish the deal on the investor's behalf.
This medium-risk conservative fund is handled by SNB Capital, a renowned asset management firm in Saudi Arabia. The fund is valued every day, and the announcement is also made every day. Any investor who wishes to invest in this fund can start their investment journey with 7500 USD. This is the minimum amount that you must have when investing in this fund.
When it comes to making the investment, the fund is known for investing in a wide range of securities. This includes money market funds that are based on Shariah guidelines, Sukuk initial public offerings, rights issues, regional and global stocks, and many more.
SNB Capital Multi-Asset Conservative Fund has offered 2.97% since its inception. Being a medium-risk fund, it's crucial for investors to invest in this fund for a long tenure.
SNB Capital Multi-Asset Conservative Fund is a medium-risk fund. This implies that it is a large-cap fund that follows hybrid plans.
7500 USD is the minimum value you must maintain in your account when investing in this SNB Capital Multi-Asset Conservative Fund.
The Annual Management Fee of SNB Capital Multi-Asset Conservative Fund is 1%. This states that if you purchase shares in this fund, the management of the fund will be compensated with costs for selecting the fund's investments.
SNB Capital Conservative Fund is an open-ended fund. Thus, the significant advantage of investing in this fund is that you can redeem and purchase the fund at your convenience on the fund's working day.
SNB Capital Multi-Asset Conservative Fund is managed by SNB Capital. The firm has marked its position in Saudi Arabia for its fantastic services.
SNB Capital Multi-Asset Conservative Fund's goal is to accomplish capital appreciation in the medium to long tenure. It aims to make the investment in the diversified portfolio to retain the capital.
0% is the expense ratio of the SNB Capital Multi-Asset Conservative Fund. This states that the fund does not charge any expense ratio for its services.