SNB Capital Multi-Asset Moderate Fund came into existence in 2003 in Saudi Arabia, and since then, it has managed to grab investors’ attention. Being a medium-risk fund, this fund is suited for such individuals who do not want to get into long-term investments. By investing in this fund, they can gain reasonable returns in just one to three years.
This open-ended fund allows the investor to decide to purchase and withdraw the units of the funds at their own will. By investing in this fund, investors get the advantage of getting exposure to both debt and equity securities. When on one side, debt securities guarantees fixed returns on investment, stock investment, on the other hand, provides more significant returns. However, this return is based on market turmoil.
Investors can start investing in this fund with a value as low as 7500 SAR set by the fund managers. Managed by SNB Capital, the fund charges a minimal management fee of 1.25%. The fund managers use their expertise and knowledge and then decide on investing the units in such securities that provide moderate returns.
The fund managers ensure to invest in Sukuk funds based on Shariah guidelines and in money market funds. Apart from this, it also spreads its investment in certificates, right issues, property funds, and many more.
SNB Capital Multi-Asset Moderate Fund has provided a return of 12.76% in the year 2021.
SNB Capital Multi-Asset Moderate Fund is a medium-risk fund. Hence, the investors get exposed to moderate levels of risk.
The minimum amount needed to start your investment in the SNB Capital Moderate Fund is 7500 USD. The fund managers fix this minimum value depending on several factors associated with the fund.
The Annual Management Fee of SNB Capital Multi-Asset Moderate Fund is 1.25%. The investors need to pay this value to the fund managers, which is part of the returns they get on their investments.
SNB Capital Multi-Asset Moderate Fund is an open-ended fund that allows investors to purchase the units at their will anytime. Moreover, they can also withdraw the fund anytime as it does not come with any lock-in period.
SNB Capital Multi-Asset Moderate Fund is managed by SNB Capital. The organization offers its services to customers all across the MENA region.
The primary objective of the SNB Capital Multi-Asset Moderate fund is to gain a perfect balance between wealth appreciation and capital storage for the medium to long term by making the investment in a diversified portfolio.
The expense ratio of the SNB Capital Multi-Asset Moderate Fund is 0%. Thus, the fund does not deduct any amount from the investor’s returns on their investment.