About ANB Capital Dividends Equity Fund (Shariah)
ANB Capital Dividends Equity Fund (Shariah) is an investment fund profile on SNDUK. This page explains ANB Capital Dividends Equity Fund (Shariah) performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
ANB Capital Dividends Equity Fund (Shariah) is managed by ANB Capital. Fund type: equity. Fund code: ACD. Assets under management: 42305316. Minimum investment: 100 ريال. Inception date: 6/4/2023.
anb capital Dividends Equity Fund (Shariah) is a Shariah-compliant, open-ended equity fund offered to the public and managed by anb capital. It aims to generate income and grow capital over the long term by investing primarily in shares of companies listed on the Saudi stock market (Tadawul), in addition to shares of companies listed on GCC markets.
The Fund is actively managed. The manager selects shares of companies with good dividends, or those expected to grow their dividends, relying on financial analysis, price movements, and market conditions when managing investments.
The percentage invested in shares of companies listed on the Saudi stock market, including the Main Market and the Parallel Market, together with securities and income-generating financial instruments listed on the Saudi market, ranges between 50% and 100% of the Fund's assets. These instruments include real estate investment traded funds (REITs), exchange-traded funds (ETFs), closed-ended traded funds (CEFs), and sukuk.
Investment in shares listed on GCC markets (Main Market) may reach 25%, while cash, money market instruments, and money market funds may reach 15%, and other investment funds with similar objectives may reach 10%.
The Fund aims to distribute the dividends received from investments to investors on a quarterly basis. Cash distributions, if any, are due on the last calendar day of each quarter (March, June, September, and December), are distributed within 20 business days of the due date, and are deposited into clients' investment accounts.
Dealing days are Sunday and Wednesday of each week. If a dealing day falls on an official holiday of the Saudi stock market, dealing in the units takes place on the following dealing day. Subscription or redemption requests must be submitted before 5:00 PM (Riyadh time) on the business day preceding the dealing day, and the subscription amount must be transferred to the investor's investment account with the Fund Manager by the same deadline. Redemption proceeds are paid no later than the fourth day following the valuation point at which the redemption price was determined.
ANB Capital Dividends Equity Fund (Shariah) fund details
ANB Capital Dividends Equity Fund (Shariah) is managed by ANB Capital. The asset manager oversees portfolio decisions and fund operations for ANB Capital Dividends Equity Fund (Shariah).
ANB Capital Dividends Equity Fund (Shariah) is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify ANB Capital Dividends Equity Fund (Shariah) in market data using fund code ACD.
ANB Capital Dividends Equity Fund (Shariah) reports assets under management of 42305316.
The minimum investment amount to participate in ANB Capital Dividends Equity Fund (Shariah) is 100 ريال.
ANB Capital Dividends Equity Fund (Shariah) was launched on 6/4/2023, giving investors a track record to evaluate long-term performance.
ANB Capital Dividends Equity Fund (Shariah) performance summary
Return over 1 week: -0.9526%. Return over 1 month: +0.2463%. Return over 3 months: -5.5235%. Return over 6 months: -6.329%. Return over 1 year: -10.6687%. Return over since inception: -6.4712%.
Use this SNDUK fund page to review ANB Capital Dividends Equity Fund (Shariah) returns, manager details, and strategy before investing.
SNDUK publishes ANB Capital Dividends Equity Fund (Shariah) data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
