Sign In
×Investment Strategy
The Fund invests in various units of Money Market Funds and Fixed Income Funds that are complaint with the Shariah guidelines this includes Funds that invest in trade finance transactions such as: murabaha, musharaka and mudaraba in addition to Sukuk, Sukuk IPOs. The fund also invests in units of listed securities funds (locally and/or globally) that comply with Shariah including units of listed equities funds, equities IPOs and units of Exchange Traded Funds (ETFs).
Fund Facts
Fund Manager | SNB Capital Company |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Mixed Assets |
Fund SubCategory | Shariah Compliant |
Inception Date | 02/10/2003 |
Inception Price | 1.00 |
Valuation Period | Daily |
Valuation Basis | The fund's units are valued by dividing total asset value plus all income, less liabilities, management fees and any expenses - by the total number of units outstanding. |
Fund Name | SNB Multi-Asset Growth Fund |
Short Name | AMGF |
Fund Objective | The fund aims to achieve capital growth over the medium to long term. |
Fund Classification | Growth |
Geographic Focus | Worldwide |
Currency | USD |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
1,000.00
Management Fee | 1.50 % | Performance Fee | 0.00 % |
Management Fee Type | Per annum | Min. Subscription | 2,000.00 |
Subscription Fee | 2.00 % | Min. Redemption | 1,000.00 |
Redemption Fee | 0.00 % | Custodian Fee | 0.03 % |
Date | Downloads | |
---|---|---|
SNB Multi-Asset Growth Fund | 23/11/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
SNB Multi-Asset Growth Fund | - | - | ||||
|
Fund Performance
Data Not Available
NAV | 73,302,857.00 |
Unit Price | 2.9427 |
Last Update | 25/04/2024 |
Change | (0.30) % |
Previous Close | 2.95 |
12 Month Low | 2.57 |
12 Month High | 3.05 |
Performance Overview
Change (1M) | (2.98) % |
Change (3M) | 0.43 % |
Change (12M) | 15.38 % |
Change (3Y) | 17.67 % |
Change (5Y) | 52.24 % |
YTD | 0.61 % |
Change Since Inception | 194.27 % |
Call Request