SNB Capital Multi-Asset Income Plus Fund

SNB Capital Multi-Asset Income Plus Fund is established in the year 2013. An open-ended fund, SNB Capital Multi-Asset Income Plus Fund is a medium-risk fund. Hence, the fund generates moderate returns by investing in less risky securities. This fund is an ideal investment option for those who wish to even out the entire portfolio risk. 

With the management fees of 1%, the fund activities are handled by SNB Capital, a reputed asset management firm in Saudi Arabia. Based on their expertise and knowledge, the fund managers of this fund ensure to make investments on behalf of the clients in securities that offer reasonable returns. Moreover, they ensure to study the market before making any investment decision. 

When it comes to investing funds in different securities, the fund follows very rigorous investment rules. It invests in several assets comprising securities such as cash, money market instruments, and investment funds, spending mainly in Sukuk. In addition to this, it also spreads the investment in exchange-traded funds, certificates, stocks, trade, infrastructure investments, and many more.

The investment managers have the complete authority to distribute the returns received on the investment wholly or partially among the unitholders based on their understanding. This distribution will be done among such unitholders who are available on record on the day of valuation. The fund is valued on a daily basis, and the announcement is also made on a daily basis.