About SAB Invest GCC Conventional Equity Fund
SAB Invest GCC Conventional Equity Fund is an investment fund profile on SNDUK. This page explains SAB Invest GCC Conventional Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest GCC Conventional Equity Fund is managed by SAB Invest. Fund type: equity. Fund code: SGC. Assets under management: 26970957. Minimum investment: 10 ريال. Inception date: 11/30/2005.
SAB Invest GCC Conventional Equity Fund aims to achieve long-term capital growth by investing in shares of companies listed on GCC financial markets, with the possibility of limited investments in Middle East and North Africa markets. It is an open-ended public equity fund managed by SAB Invest and classified as high risk.
The Fund follows an active investment strategy, and its manager relies on investment research and analysis to evaluate companies and assets and review the risks associated with them.
The Fund invests between 75% and 100% of its assets in listed shares, rights issues, IPOs, and exchange-traded funds in the financial markets of the Gulf Cooperation Council countries. It may also invest up to 7% in shares, rights issues, IPOs, and exchange-traded funds in Middle East and North Africa markets, and up to 20% in real estate investment trusts (REITs) in GCC, Middle East, and North Africa markets. Up to 25% may be allocated to cash, deposits, and money market funds.
SAB Invest GCC Conventional Equity Fund uses the S&P GCC Composite Total Return Index as a benchmark for measuring performance. The index is calculated based on the free-float market capitalization of its constituent companies and includes most companies listed on GCC financial markets, as well as listed equity and real estate funds. The index takes distributions into account when calculating total return.
Subscription and redemption requests are accepted on Sundays for Monday’s valuation and on Tuesdays for Wednesday’s valuation, provided that requests are received before 4:30 p.m. Saudi Arabia time on the relevant dealing day. Unit prices are announced on Tuesdays and Thursdays, and redemption proceeds are paid before the end of the fourth business day following the approved valuation day.
SAB Invest GCC Conventional Equity Fund fund details
SAB Invest GCC Conventional Equity Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest GCC Conventional Equity Fund.
SAB Invest GCC Conventional Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest GCC Conventional Equity Fund in market data using fund code SGC.
SAB Invest GCC Conventional Equity Fund reports assets under management of 26970957.
The minimum investment amount to participate in SAB Invest GCC Conventional Equity Fund is 10 ريال.
SAB Invest GCC Conventional Equity Fund was launched on 11/30/2005, giving investors a track record to evaluate long-term performance.
SAB Invest GCC Conventional Equity Fund performance summary
Return over 1 week: +1.213%. Return over 1 month: -2.2698%. Return over 3 months: +0.3708%. Return over 6 months: -3.0858%. Return over 1 year: +3.2026%. Return over since inception: -59.669%.
Use this SNDUK fund page to review SAB Invest GCC Conventional Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes SAB Invest GCC Conventional Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
