About SAB Invest Multi Assets Defensive Fund
SAB Invest Multi Assets Defensive Fund is an investment fund profile on SNDUK. This page explains SAB Invest Multi Assets Defensive Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest Multi Assets Defensive Fund is managed by SAB Invest. Fund type: fund_funds. Fund code: SID. Assets under management: 389817970. Minimum investment: 10 ريال. Inception date: 12/28/2004.
SAB Invest Multi Assets Defensive Fund is an open-ended public investment fund in the fund of funds category, compliant with Shariah standards and guidelines, managed by SAB Invest. The Fund aims to achieve long-term capital growth by investing in a diversified range of assets, and is classified as low to medium risk.
The Fund’s strategy focuses on Murabaha funds and Sukuk funds, with investments in these funds ranging between 70% and 85% of the Fund’s assets, while investments in Shariah-compliant local, regional, and global equity funds and other higher-risk assets range between 15% and 30%. These investments may include commodity funds, Real Estate Investment Trusts (REITs), and local and global Exchange-Traded Funds (ETFs).
The Fund may also invest directly up to 10% in shares of listed companies, rights issues, and IPOs in GCC equity markets, including the Main Market and the Parallel Market, in addition to Sukuk and Murabaha transactions.
The Fund Manager may hold a higher proportion of the Fund’s assets in cash or money market instruments and funds, which may reach 100% in exceptional circumstances or during rebalancing, which may affect the minimum allocation limits of other investments. The Fund does not invest in derivatives.
The Fund uses the SAB Invest Multi-Assets Defensive Index as a benchmark for measuring performance. It is a composite index that is rebalanced at the beginning of each month to restore its components to their initial weights. It consists of 70% one-month SAIBOR, 12.5% S&P Saudi Shariah Index, 7.5% Dow Jones Islamic Titans 100 Index, 5% Dow Jones Islamic Emerging Markets Index, and 5% S&P GCC Shariah Index.
Subscriptions and redemptions in SAB Invest Multi Assets Defensive Fund are processed twice a week. 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. The minimum subscription and redemption amount is SAR 10, with no subscription or redemption fees.
SAB Invest Multi Assets Defensive Fund fund details
SAB Invest Multi Assets Defensive Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest Multi Assets Defensive Fund.
SAB Invest Multi Assets Defensive Fund is classified as a fund_funds fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest Multi Assets Defensive Fund in market data using fund code SID.
SAB Invest Multi Assets Defensive Fund reports assets under management of 389817970.
The minimum investment amount to participate in SAB Invest Multi Assets Defensive Fund is 10 ريال.
SAB Invest Multi Assets Defensive Fund was launched on 12/28/2004, giving investors a track record to evaluate long-term performance.
SAB Invest Multi Assets Defensive Fund performance summary
Return over 1 week: +0.4089%. Return over 1 month: +0.5647%. Return over 3 months: +1.0259%. Return over 6 months: +3.8792%. Return over 1 year: +8.564%. Return over since inception: +148.1302%.
Use this SNDUK fund page to review SAB Invest Multi Assets Defensive Fund returns, manager details, and strategy before investing.
SNDUK publishes SAB Invest Multi Assets Defensive Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
