About SAB Invest GCC Equity Fund
SAB Invest GCC Equity Fund is an investment fund profile on SNDUK. This page explains SAB Invest GCC Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest GCC Equity Fund is managed by SAB Invest. Fund type: equity. Fund code: SGE. Assets under management: 267000574. Minimum investment: 10 ريال. Inception date: 4/2/2006.
SAB Invest GCC Equity Fund provides an opportunity to invest in Shariah-compliant equities in GCC markets, with the possibility of limited investments in Middle East and North Africa (MENA) markets.
The Fund aims to achieve long-term capital growth through an active investment strategy based on company analysis and the selection of stocks expected to generate growth. It is an open-ended public equity fund denominated in Saudi riyals, managed by SAB Invest, and classified as high risk.
According to the terms and conditions, between 90% and 100% of the Fund’s assets are allocated to eligible equities and investment instruments in GCC markets, while up to 7% may be allocated to 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, in accordance with the Fund’s specified restrictions.
The Fund uses the S&P GCC Composite Shariah Total Return Index as a benchmark for measuring performance. Subscription and redemption requests are accepted on Sundays for Monday’s valuation and on Tuesdays for Wednesday’s valuation, provided they are submitted before 4:30 p.m. Saudi Arabia time.
SAB Invest GCC Equity Fund fund details
SAB Invest GCC Equity Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest GCC Equity Fund.
SAB Invest GCC Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest GCC Equity Fund in market data using fund code SGE.
SAB Invest GCC Equity Fund reports assets under management of 267000574.
The minimum investment amount to participate in SAB Invest GCC Equity Fund is 10 ريال.
SAB Invest GCC Equity Fund was launched on 4/2/2006, giving investors a track record to evaluate long-term performance.
SAB Invest GCC Equity Fund performance summary
Return over 1 week: +1.8621%. Return over 1 month: -1.778%. Return over 3 months: -0.3695%. Return over 6 months: -2.3648%. Return over 1 year: +3.4198%. Return over since inception: +545.0282%.
