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×Investment Strategy
The Shariah compliant fund seeks to invest a minimum of 90% of its assets in GCC-listed stocks and up to 10% in stocks listed on Saudi Arabia's parallel market (NOMU) including IPOs and right issues.
Fund Facts
Fund Manager | SNB Capital Company |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Equity |
Fund SubCategory | Shariah Compliant |
Inception Date | 08/10/2006 |
Inception Price | 10.00 |
Valuation Period | Bi-Weekly |
Valuation Basis | The fund is valued based on the closing price on Mondays and Wednesdays. |
Fund Name | SNB Capital Al-Raed GCC Fund |
Short Name | Al Raed GCC |
Fund Objective | The fund aims to achieve capital growth over the long term by investing in shares of Gulf companies compliant with Islamic Shariah. |
Fund Classification | Growth |
Geographic Focus | GCC |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
2,000.00
Management Fee | 1.95 % | Performance Fee | 0.00 % |
Management Fee Type | Per Annum | Min. Subscription | 7,500.00 |
Subscription Fee | 0.00 % | Min. Redemption | 2,000.00 |
Redemption Fee | 0.00 % | Custodian Fee | 0.09 % |
Date | Downloads | |
---|---|---|
SNB Capital Al-Raed GCC Fund | 25/12/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
SNB Capital Al-Raed GCC Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 40,429,076.03 |
Unit Price | 40.2946 |
Last Update | 30/04/2024 |
Change | 0.72 % |
Previous Close | 40.01 |
12 Month Low | 34.05 |
12 Month High | 43.55 |
Performance Overview
Change (1M) | (4.13) % |
Change (3M) | (0.58) % |
Change (12M) | 17.64 % |
Change (3Y) | 70.44 % |
Change (5Y) | 103.59 % |
YTD | (0.09) % |
Change Since Inception | 302.95 % |
Call Request