SNB Capital Saudi Small and Mid-Cap Equity Fund

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4.90

SAR 4.2979

NAV (Apr 1, 2023)

+18.98%

NAV (Apr 1, 2023)

Historical NAV

18.98%

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

13.31%

YTD

18.04%

Last 3Y

31.06%

Last 3 months

8.7%

Last 5Y

21.43%

About SNB Capital Saudi Small And Mid Cap Equity Fund

Investment Objective

SNB Capital Saudi Small and Mid Cap Equity fund, established in the year 2008, is an open-ended fund associated with high risk. The fund makes no guarantees that there will be an increase in the fund's investment worth or that the profit received from the investment may decline. Hence, investors must be careful and analyse their risk appetite before investing in this fund.

The fund majorly invests in small and mid-cap stocks registered on the main Saudi market that are based on Sharia rules comprising exchange-traded funds and IPOs that are registered by Capital Market Authority. Apart from this, the fund also spends on property investment funds, GCC markets, and organisations registered on the Saudi market.

This small and mid-cap equity fund aims to gain long-term capital appreciation by investing majorly in the abovementioned funds. However, they ensure that the funds are in accordance with Shariah compliance and meet their guidelines. Moreover, instead of paying out the dividends to the unitholders, it is reinvested into the funds.

With management fees of 1.85%, the fund is managed by SNB Capital. The fund managers ensure to invest in such equities that offer high yields. The fund is valued daily, and even the announcement is made every day. If you wish to make an investment in this fund, you must start with at least 5000 SAR, which is the minimum amount for investing in this fund.

Expense Ratio

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

High

Minimum Subscription

1000

Subscription charges

0.02%

Management fees

0.0175%

Leverage

Launched Date

2010/09/30

Fund Managers

SNB Capital

Fund Manager

FAQs about SNB Capital Saudi Small And Mid Cap Equity Fund

What Kind of Returns does SNB Capital Saudi Small And Mid Cap Equity Fund?

SNB Capital Saudi Small And Mid Cap Equity Fund provides a return of 42.66%.

How risky is the SNB Capital Saudi Small And Mid Cap Equity Fund?

SNB Capital Saudi Small And Mid Cap Equity Fund is a high-risk fund. Thus, analysing the funds at regular intervals will assist you in lowering the risk involved. Moreover, you can also keep track of the fund's performance with the shifting market trends.

What minimum amount do you need to invest in the SNB Capital Saudi Small And Mid Cap Equity Fund?

The minimum amount required to invest in the SNB Capital Saudi Small And Mid Cap Equity Fund is 5000 SAR. The fund establishes this minimal quantity to prevent small, brief trades from impacting cash flows and the fund's regular operations.

What is the average Annual Management Fee of SNB Capital Saudi Small And Mid Cap Equity Fund?

The average Annual Management Fee of SNB Capital Saudi Small And Mid Cap Equity Fund is 1.85%. This is the amount that you require to pay to the investment managers that you hire to handle your investments.

What is the Fund Type of SNB Capital Saudi Small And Mid Cap Equity Fund?

SNB Capital Saudi Small And Mid Cap Equity Fund is an open-ended fund. Here, the investors can buy and withdraw units anytime. Hence, keeping an eye on the fund's past performance can give you an idea of how the fund has worked across multiple market cycles.

Who manages the SNB Capital Saudi Small And Mid Cap Equity Fund?

SNB Capital Saudi Small And Mid Cap Equity Funds are managed by SNB Capital, a leading asset management firm in Saudi Arabia.

What is the goal of the SNB Capital Saudi Small And Mid Cap Equity Fund?

SNB Capital Saudi Small And Mid Cap Equity Fund's goal is to gain long-term capital appreciation via spending in Saudi Small and mid-sized organisations registered on the Saudi Exchange market that is based on Shariah rules and regulations.