Since its inception on 29th March 1999, SNB Capital North America Index Fund has garnered huge attention from investors in the Saudi Arabia region. Being a high-risk mutual fund, this fund enables investors with a high-risk appetite to invest in this fund. Not only this, the fund is often managed by investment managers that employ aggressive investing techniques in an attempt to earn larger returns, frequently at the expense of more volatility.
The fund is an open-ended index investment vehicle that seeks long-term capital gain. The fund aspires to mirror the success of the MSCI North America Islamic M-Series Index as precisely as feasible before costs. The fund generally invests in large-to-medium-cap equities. The fund's investments will focus on stocks in the United States and Canada.
Being managed by SNB Capital, the fund has kept a minimum charge that they demand from investors for handling their portfolios. The fund onboards highly efficient money managers who know the ins and outs of the share market and ensure to make wise investment decisions.
When making an investment in the SNB Capital North America Index Fund, expect to get desirable returns on your investment.
SNB Capital North America Index Fund is a high-risk mutual fund. Hence, it is the best investment option for people who possess greater risk tolerance levels.
The minimum amount required for investing in the SNB Capital North America Index Fund is USD 7500. This value helps investors decide whether to invest the same value or above the given amount.
The annual management cost of SNB Capital North America Index Fund is 0.30%. By making this payment, traders gain access to professional services.
SNB Capital North America Index Fund is an open-ended fund. This implies traders can redeem the fund's units on any working day.
SNB Capital North America Index Fund is managed by SNB Capital. The company ensures to meet the investment needs of its clients.
The primary objective of SNB Capital North America Index Fund is to earn revenue by investing in instruments based on Islamic laws.
The expense ratio of the SNB Capital North America Index Fund is 0%. Hence, people investing in this fund don't require to pay any annual charges to the fund.