Established in the year 1998, SNB Capital Saudi Trading Equity Fund has turned out to be a prominent mutual fund in Saudi Arabia. The fund has managed to grab the immense attention of investors. All thanks to the returns it offers on the investment in the long run.
Though an open-ended fund, this mutual fund comes with significant risk. Hence, it is the perfect investment option for individuals who possess immense knowledge about the stock market. The investors need to be active throughout when investing in this fund. Also, they need to keep track of the fund’s performance.
The best part of this fund is that it does not charge any expense ratio from its investors. However, they charge a very minimal percentage of management fees to invest the fund on your behalf. The fund managers use their years of expertise and research the market throughout before investing the units in different stocks.
This SNB fund ensures to make the investment in such organization’s shares that are registered in the main market and are based on Shariah guidelines comprising initial public offerings and exchange-traded funds. Besides this, the fund also invests in property traded funds and other alternatives.
SNB Capital Saudi Trading Equity Fund offers a return of 12.71% YTD. The fund invests in both equities and debt funds to gain desired returns.
When it comes to analyzing the risk of SNB Capital Saudi Trading Equity Fund, it is essential to note that it is a high-risk fund. Hence, it’s essential for investors to make the investment wisely and keep their eyes on the fund’s performance.
The minimum amount that you must have in your account when investing in the SNB Capital Saudi Trading Equity Fund is 5000 SAR.
1.75% is the annual management fee of SNB Capital Saudi Trading Equity Fund. It is the cost that the investors pay to the professionals for handling their investment on their behalf.
SNB Capital Saudi Trading Equity Fund is said to be an open-ended fund that is highly popular in the Middle East region.
SNB Capital is the one that successfully handles all the investments of SNB Capital Saudi Trading Equity Fund. The firm is widely recognized for offering its customers asset management and related services in Saudi Arabia.
The foremost objective of SNB Capital Saudi Trading Equity Fund is to attain long-term wealth growth by investing in organizations based on Shariah guidelines and registered on Saudi Share markets.
The expense ratio of the SNB Capital Saudi Trading Equity Fund is 0%. This states that funds do not charge any amount for handling your portfolio.