About SAB Invest Saudi Construction and Cement Companies Equity Fund
SAB Invest Saudi Construction and Cement Companies Equity Fund is an investment fund profile on SNDUK. This page explains SAB Invest Saudi Construction and Cement Companies Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SAB Invest Saudi Construction and Cement Companies Equity Fund is managed by SAB Invest. Fund type: equity. Fund code: SCC. Assets under management: 28468291. Minimum investment: 10 ريال. Inception date: 9/22/2008.
SAB Invest Saudi Construction and Cement Companies Equity Fund is an open-ended public investment fund in the equity funds category, managed by SAB Invest and approved by its Shariah Committee as a Shariah-compliant fund. It is a sector fund that focuses its investments on two specific sectors: construction and cement. Its objective is to achieve long-term capital growth, and it is classified as a high-risk investment.
The fund’s portfolio is actively managed based on company analyses and market conditions. The fund allocates between 70% and 100% of its assets to shares of Shariah-compliant construction and cement companies listed on the Saudi market. It may invest up to 30% in companies outside these two sectors, up to 20% in shares and exchange-traded funds following the same sector strategy in MENA markets, and up to 10% in cash and Murabaha investments approved by the Shariah Committee.
The fund evaluates its performance against the SAB Invest Saudi Construction and Cement Companies Total Return Index, which is provided and calculated by Standard & Poor’s (S&P).
The fund is valued on Mondays and Wednesdays. Subscription and redemption requests must be submitted before 4:30 PM Saudi time on Sunday for Monday’s valuation, and on Tuesday for Wednesday’s valuation. Late requests are carried forward to the next dealing day.
The minimum amount for initial subscription, additional subscription, redemption, and the remaining balance is SAR 10. Redemption proceeds are paid before the end of the second business day following the valuation day. Redemptions may be partially and proportionally deferred if requests exceed 10% of the outstanding units on a dealing day.
SAB Invest Saudi Construction and Cement Companies Equity Fund fund details
SAB Invest Saudi Construction and Cement Companies Equity Fund is managed by SAB Invest. The asset manager oversees portfolio decisions and fund operations for SAB Invest Saudi Construction and Cement Companies Equity Fund.
SAB Invest Saudi Construction and Cement Companies Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SAB Invest Saudi Construction and Cement Companies Equity Fund in market data using fund code SCC.
SAB Invest Saudi Construction and Cement Companies Equity Fund reports assets under management of 28468291.
The minimum investment amount to participate in SAB Invest Saudi Construction and Cement Companies Equity Fund is 10 ريال.
SAB Invest Saudi Construction and Cement Companies Equity Fund was launched on 9/22/2008, giving investors a track record to evaluate long-term performance.
SAB Invest Saudi Construction and Cement Companies Equity Fund performance summary
Return over 1 week: -3.0608%. Return over 1 month: -7.3533%. Return over 3 months: -6.1211%. Return over 6 months: -10.3388%. Return over 1 year: -12.2197%. Return over since inception: -30.83%.
Use this SNDUK fund page to review SAB Invest Saudi Construction and Cement Companies Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes SAB Invest Saudi Construction and Cement Companies Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
