About SAB Invest Saudi Financial Institutions Equity Fund
SAB Invest Saudi Financial Institutions Equity Fund is an investment fund profile on SNDUK. This page explains SAB Invest Saudi Financial Institutions Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest Saudi Financial Institutions Equity Fund is managed by SAB Invest. Fund type: equity. Fund code: SII. Assets under management: 63040133. Minimum investment: 10 ريال. Inception date: 7/31/2004.
SAB Invest Saudi Financial Institutions Equity Fund is an open-ended public equity fund managed and operated by SAB Invest, following an active investment strategy. The Fund aims to achieve long-term capital growth by investing in financial institutions’ equities and is classified as high risk.
The Fund focuses primarily on financial institutions’ equities, including banks, financial services companies, and insurance companies listed on the Saudi Exchange, in addition to equities listed in the Middle East and North Africa markets.
The Fund may invest up to 10% in companies outside the banking sector, in addition to rights issues and IPOs aligned with the Fund’s objectives. It may also invest in investment funds licensed by the Capital Market Authority and Murabaha transactions.
Investments in shares of banks, financial services companies, and insurance companies listed in the Saudi market range between 90% and 100%, while up to 20% may be invested in shares of financial institutions, rights issues, IPOs, and Exchange-Traded Funds with similar strategies in the Middle East and North Africa markets. The Fund may also invest up to 10% in companies outside the banking sector, up to 10% in cash, Murabaha, or Murabaha funds, and up to 10% in other investment funds with similar objectives or strategies.
The Fund uses the S&P Saudi Arabia Banks (Industry Group) 20% capped Index – Total Return, known in English as S&P Saudi Arabia Banks (Industry Group) 20% capped Index, as a benchmark for measuring performance.
Subscriptions and redemptions are processed on Sunday for Monday’s valuation and on Tuesday for Wednesday’s valuation, and requests must be received before 4:30 p.m. Saudi Arabia time. Redemption proceeds are paid before the end of the second business day following the approved valuation day. The minimum subscription and redemption amount is SAR 10.
SAB Invest Saudi Financial Institutions Equity Fund fund details
SAB Invest Saudi Financial Institutions Equity Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest Saudi Financial Institutions Equity Fund.
SAB Invest Saudi Financial Institutions Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest Saudi Financial Institutions Equity Fund in market data using fund code SII.
SAB Invest Saudi Financial Institutions Equity Fund reports assets under management of 63040133.
The minimum investment amount to participate in SAB Invest Saudi Financial Institutions Equity Fund is 10 ريال.
SAB Invest Saudi Financial Institutions Equity Fund was launched on 7/31/2004, giving investors a track record to evaluate long-term performance.
SAB Invest Saudi Financial Institutions Equity Fund performance summary
Return over 1 week: -2.5264%. Return over 1 month: -5.2234%. Return over 3 months: -1.3526%. Return over 6 months: -5.4984%. Return over 1 year: -5.9493%. Return over since inception: +254.0223%.
Use this SNDUK fund page to review SAB Invest Saudi Financial Institutions Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes SAB Invest Saudi Financial Institutions Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
