SNB Capital Us Dollar Sukuk Fund

  • No items found.
  • Rate
    4.90
USD 1.1704
NAV (Feb 2, 2023)
-5.54%
NAV (Feb 2, 2023)
Historical NAV
-5.54%
NAV (Feb 2, 2023)
+0.75%
1D
Mutual fund graph
  • 1D
  • 5D
  • 1M
  • 3M
  • 1Y
  • 3M
  • 5Y
  • 10Y
  • All
Fund Returns
Last 1Y
5.56%
YTD
-5.5%
Last 3Y
0.94%
Last 3 months
-2.66%
Last 5Y
1.61%
CAGR Month 6

About SNB Capital US Dollar Sukuk Fund

Investment Objective

SNB Capital US Dollar Sukuk Fund came into existence in the year 2010, and since then, it has succeeded in grabbing the eyeballs of investors. The fund's major motive is to provide desirable returns by investing in open-ended government investment funds. Besides this, it also spread its investment in various Sukuk and Murabaha funds based on Shariah guidelines. 

Managed by SNB Capital, the fund charges 0.75% as the management fees. The investors must pay this amount to the fund managers for successfully handling their investments. These investment managers possess a high level of knowledge and experience in comparison to the average investor, making them the feasible option for most investors. 

When it comes to making investment decisions, the fund managers ensure to invest the funds in such securities that offer moderate returns. Some of them include fixed-income securities, financial products, trade transactions, and more based on Shariah guidelines. However, the investment includes but is not restricted to Musharaks, Mudaraba, and Wakala transactions. 

Another point to note while investing in this fund is that the income earned on the investment is not distributed to the unitholders. Rather, the dividend is reinvested back into the fund. The fund is valued on Monday and Wednesday, and the announcement is also made on Monday and Wednesday.

Expense Ratio
0%
Asset Class
Bond/Sukuk
Fund Type
Open
Fund Currency
USD
Shariah Compliant
YES
Fund Objective
Income
Risk Level
Medium
Minimum Subscription
0
Subscription charges
0
Management fees
0
Leverage
0
Launched Date
2010/09/30

Fund Managers

SNB Capital
Fund Manager

FAQs about SNB Capital US Dollar Sukuk Fund

What Kind of Returns does SNB Capital US Dollar Sukuk Fund?

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When investing in the SNB Capital US Dollar Sukuk Fund, expect to get a return of -7.19% YTD.

How risky is the SNB Capital US Dollar Sukuk Fund?

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SNB Capital Dollar Sukuk Fund is a medium-risk fund. Hence, the best part of investing in this fund is that the investors are not exposed to high risk and get moderate returns on their investments.

What minimum amount do you need to invest in the SNB Capital US Dollar Sukuk Fund?

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The minimum amount you must invest in the SNB Capital US Sukuk Fund is USD 37,500. This value is decided by the fund managers that an investor might have while investing in this SNB US Dollar Sukuk fund.

What is the average Annual Management Fee of SNB Capital US Dollar Sukuk Fund?

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The average Annual Management charge of SNB Capital US Dollar Sukuk Fund is 0.75 percent. This value is charged by the financial advisors for handling the client's investment account.

What is the Fund Type of SNB Capital US Dollar Sukuk Fund?

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SNB Capital US Dollar Sukuk Fund is an open-ended fund. Hence, it is open all year round for withdrawal and investment.

Who manages the SNB Capital US Dollar Sukuk Fund?

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SNB Capital handles the SNB Capital US Dollar Sukuk fund. It is said to be the most prominent asset management firm in Saudi Arabia.

What is the SNB Capital US Dollar Sukuk Fund's goal?

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SNB Capital US Dollar Sukuk fund goal is to provide reasonable returns via making the investment in Murabaha, Sukuk, and various other Sharia-based fixed-income securities.

What is the expense ratio of the SNB Capital US Dollar Sukuk Fund?

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The expense ratio of the SNB Capital US Dollar Sukuk fund is 0%. This value is calculated by dividing the total worth of the fund fees by the fund's assets.

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

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