About SAB Invest China and India Equity Freestyle Fund
SAB Invest China and India Equity Freestyle Fund is an investment fund profile on SNDUK. This page explains SAB Invest China and India Equity Freestyle Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest China and India Equity Freestyle Fund is managed by SAB Invest. Fund type: equity. Fund code: CIE. Assets under management: 11510524. Minimum investment: 10 دولار. Inception date: 12/12/2005.
SAB Invest China and India Equity Freestyle Fund offers an opportunity to invest in shares of companies in China and India that comply with Shariah principles, with the aim of achieving long-term capital growth. The fund adopts an active management approach to selecting companies, with the flexibility to invest in companies listed outside the two countries that conduct a significant portion of their activities and business operations in China and India, in addition to initial public offerings (IPOs) that align with its investment strategy.
The fund is open-ended, denominated in US dollars, and classified as a high-risk equity fund. Its unit value may fluctuate depending on market performance and the performance of the companies in which it invests, as well as the impact of exchange rate movements.
The fund’s terms and conditions state that its performance is not linked to any benchmark index. Accordingly, its performance is not measured against a specific benchmark, nor does it seek to replicate the weightings of any particular index when selecting stocks or allocating investments between the two countries. Investment decisions are governed by the fund’s strategy, investment limits, and approved Shariah principles.
SAB Invest China and India Equity Freestyle Fund allocates between 90% and 100% of its net assets to Shariah-compliant equities in China and India, as well as companies that conduct a significant portion of their activities in these markets. Investments in cash, Murabaha transactions, Shariah-approved Murabaha funds, and other investment funds with similar objectives or strategies range from 0% to 10% for each category.
The allocation to cash and Murabaha may be increased to 100% under exceptional circumstances. The fund may also obtain Shariah-compliant financing of up to 10% of its net assets for a period not exceeding one year, specifically for investment in initial public offerings (IPOs). The fund does not invest in financial derivatives.
Subscription and redemption schedule: Fund units are valued every Monday and Thursday. The deadline for receiving subscription and redemption requests is 4:30 PM Saudi Arabia time on Sunday for Monday valuation, and Wednesday for Thursday valuation. The minimum subscription and redemption amount is USD 10, and redemption proceeds are paid before the end of the fourth business day following the applicable valuation day.
SAB Invest China and India Equity Freestyle Fund fund details
SAB Invest China and India Equity Freestyle Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest China and India Equity Freestyle Fund.
SAB Invest China and India Equity Freestyle Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest China and India Equity Freestyle Fund in market data using fund code CIE.
SAB Invest China and India Equity Freestyle Fund reports assets under management of 11510524.
The minimum investment amount to participate in SAB Invest China and India Equity Freestyle Fund is 10 دولار.
SAB Invest China and India Equity Freestyle Fund was launched on 12/12/2005, giving investors a track record to evaluate long-term performance.
SAB Invest China and India Equity Freestyle Fund performance summary
Return over 1 week: -0.5712%. Return over 1 month: -2.6822%. Return over 3 months: -4.3987%. Return over 6 months: -12.6571%. Return over 1 year: -28.3154%. Return over since inception: +138.3444%.
Use this SNDUK fund page to review SAB Invest China and India Equity Freestyle Fund returns, manager details, and strategy before investing.
SNDUK publishes SAB Invest China and India Equity Freestyle Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
