About SAB Invest GCC Companies Equity Income Fund
SAB Invest GCC Companies Equity Income Fund is an investment fund profile on SNDUK. This page explains SAB Invest GCC Companies Equity Income Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest GCC Companies Equity Income Fund is managed by SAB Invest. Fund type: equity. Fund code: SGI. Assets under management: 135142710. Minimum investment: 10 ريال. Inception date: 6/10/2012.
SAB Invest GCC Companies Equity Income Fund aims to achieve long-term capital growth and provide semi-annual income distributions to unitholders. It is an open-ended public equity fund managed by ( SAB Invest ) and is a Shariah-compliant fund approved by its Shariah Committee. The Fund invests in shares of companies listed on Gulf Cooperation Council (GCC) markets, with the possibility of limited investments in Middle East and North Africa (MENA) markets. It targets investors seeking to combine potential growth in the value of their investments with income from cash distributions.
The Fund follows an active investment strategy based on fundamental company analysis and the selection of stocks expected to generate sustainable cash distributions. Between 90% and 100% of the Fund’s net assets are allocated to Shariah-compliant shares of GCC-listed companies. Up to 7% may be allocated to Shariah-compliant shares, rights issues, initial public offerings (IPOs), exchange-traded funds (ETFs), and real estate investment trusts (REITs) in MENA markets. In addition, up to 10% may be allocated to cash, Murabaha transactions, or Murabaha funds, and up to 10% to other investment funds with similar objectives or strategies.
The Fund measures its performance against the **S&P GCC Composite Shariah Total Return Index**, provided and calculated by S&P. The index measures the total return of free-float shares of Shariah-compliant companies listed in GCC markets, including the impact of cash distributions, providing a reference for comparing the Fund’s performance on a total-return basis.
The Fund determines its distributable income twice a year, at the end of March and September. Unitholders registered on the last valuation day of the relevant month are eligible to receive distributions. Distributions are paid within 20 business days after the end of March or September and are credited directly to the unitholder’s designated account, in accordance with the Fund’s terms and conditions.
Subscription and redemption requests are accepted for Monday’s valuation if submitted before 4:30 p.m. Saudi Arabia time on Sunday, and for Wednesday’s valuation if submitted before the same cutoff time on Tuesday. Requests are executed at the unit price applicable to the next valuation, while requests received after the deadline are carried forward to the next dealing day.
SAB Invest GCC Companies Equity Income Fund fund details
SAB Invest GCC Companies Equity Income Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest GCC Companies Equity Income Fund.
SAB Invest GCC Companies Equity Income Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest GCC Companies Equity Income Fund in market data using fund code SGI.
SAB Invest GCC Companies Equity Income Fund reports assets under management of 135142710.
The minimum investment amount to participate in SAB Invest GCC Companies Equity Income Fund is 10 ريال.
SAB Invest GCC Companies Equity Income Fund was launched on 6/10/2012, giving investors a track record to evaluate long-term performance.
SAB Invest GCC Companies Equity Income Fund performance summary
Return over 1 week: +1.948%. Return over 1 month: -3.0512%. Return over 3 months: -1.7618%. Return over 6 months: -3.7296%. Return over 1 year: +0.9767%. Return over since inception: +132.522%.
Use this SNDUK fund page to review SAB Invest GCC Companies Equity Income Fund returns, manager details, and strategy before investing.
SNDUK publishes SAB Invest GCC Companies Equity Income Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
