About SAB Invest Multi Assets Balanced Fund
SAB Invest Multi Assets Balanced Fund is an investment fund profile on SNDUK. This page explains SAB Invest Multi Assets Balanced Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest Multi Assets Balanced Fund is managed by SAB Invest. Fund type: fund_funds. Fund code: SIB. Assets under management: 1025422877. Minimum investment: 10 ريال. Inception date: 12/28/2004.
SAB Invest Multi Assets Balanced Fund is an open-ended, Shariah-compliant public fund of funds managed and operated by SAB Invest. The Fund aims to achieve long-term capital growth by investing in a diversified range of assets, and is classified as medium risk.
The Fund invests mainly in Shariah-compliant investment funds approved by its Shariah Committee, primarily funds managed by SAB Invest itself. Underlying funds are selected based on several factors, including the experience of their managers, their investment strategies, and their past performance.
Between 45% and 65% of the Fund's assets are invested in Murabaha and Sukuk funds, and between 35% and 55% in Shariah-compliant local, regional, and global equity funds and other higher-risk assets. This category may include commodity funds, Real Estate Investment Trusts (REITs), and local and global Exchange-Traded Funds (ETFs). The Fund may also invest up to 10% directly in listed shares, rights issues, and IPOs in GCC equity markets, including the Main Market and the Parallel Market, as well as Sukuk and Murabaha transactions. Direct Murabaha transactions are conducted with counterparties holding investment-grade credit ratings, with a minimum of BBB- from S&P and Fitch, or Baa3 from Moody's.
The Fund must invest in at least three funds, each representing no less than 5% of its net assets. No more than 50% of net assets may be invested in a single fund, and no more than 10% in private funds. Underlying funds must be licensed by the Capital Market Authority, and the Fund does not invest in derivatives. The Fund Manager may hold a higher proportion of assets in cash or money market instruments and funds, up to 100% in exceptional circumstances or during rebalancing.
The Fund measures its performance against the SAB Invest Multi-Assets Balanced Index, a composite benchmark rebalanced at the start of each month to its initial weights. The benchmark consists of 45% one-month SAIBOR, 25% S&P Saudi Arabia Shariah Index (Total Return), 12.5% Dow Jones Islamic Market Titans 100 Index, 10% S&P GCC Shariah Index (Total Return), and 7.5% Dow Jones Islamic Market Emerging Markets Index (Total Return).
Subscription and redemption requests must be received before 4:30 p.m. Saudi Arabia time on Thursday for Monday's valuation, and before 4:30 p.m. on Monday for Wednesday's valuation. Unit prices are announced on Tuesdays and Thursdays, and redemption proceeds are paid before the end of the fourth business day following the valuation day.
SAB Invest Multi Assets Balanced Fund fund details
SAB Invest Multi Assets Balanced Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest Multi Assets Balanced Fund.
SAB Invest Multi Assets Balanced Fund is classified as a fund_funds fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest Multi Assets Balanced Fund in market data using fund code SIB.
SAB Invest Multi Assets Balanced Fund reports assets under management of 1025422877.
The minimum investment amount to participate in SAB Invest Multi Assets Balanced Fund is 10 ريال.
SAB Invest Multi Assets Balanced Fund was launched on 12/28/2004, giving investors a track record to evaluate long-term performance.
SAB Invest Multi Assets Balanced Fund performance summary
Return over 1 week: +0.6759%. Return over 1 month: +1.0724%. Return over 3 months: +1.8233%. Return over 6 months: +6.7467%. Return over 1 year: +12.8165%. Return over since inception: +241.5909%.
Use this SNDUK fund page to review SAB Invest Multi Assets Balanced Fund returns, manager details, and strategy before investing.
SNDUK publishes SAB Invest Multi Assets Balanced Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
