About SNB Capital Al Razeen SAR Liquidity Fund
SNB Capital Al Razeen SAR Liquidity Fund is an investment fund profile on SNDUK. This page explains SNB Capital Al Razeen SAR Liquidity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SNB Capital Al Razeen SAR Liquidity Fund is managed by SNB Capital. Fund type: money_market. Fund code: SRL. Assets under management: 949926254. Minimum investment: 100 ريال. Inception date: 10/31/1998.
SNB Capital Al Razeen SAR Liquidity Fund is a specialized open-ended public Money Market Fund compliant with the Shariah standards approved by the Shariah Committee appointed to the Fund. It aims to grow capital, provide liquidity upon the investor’s request, in addition to cash distributions, and is classified as a low-risk investment.
The Fund primarily invests in Money Market instruments and short-, medium-, and long-term financial instruments, including Murabaha, Wakala, Mudaraba, and Musharaka, fixed income instruments and Sukuk, in addition to units of investment funds with strategies and risk levels compatible with the Fund. Investments may be made in local, GCC, or global markets.
Investments in cash, Money Market instruments, and units of Money Market funds range between 80% and 100% of the Fund’s assets, while 0% to 20% may be invested in fixed income instruments and units of fixed income funds.
The Fund may also invest up to 40% of its assets in units of funds managed by the Fund Manager or other fund managers with similar strategies, and may use securities derivatives for hedging purposes in compliance with Shariah standards and the ratios specified in the Investment Funds Regulations.
The Fund provides monthly cash distributions to Unitholders, usually paid within 10 days of the end of each month, with the possibility of reinvesting returns or deferring distributions at the discretion of the Fund Manager.
SNB Capital Al Razeen SAR Liquidity Fund fund details
SNB Capital Al Razeen SAR Liquidity Fund is managed by SNB Capital. The asset manager oversees portfolio decisions and fund operations for SNB Capital Al Razeen SAR Liquidity Fund.
SNB Capital Al Razeen SAR Liquidity Fund is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify SNB Capital Al Razeen SAR Liquidity Fund in market data using fund code SRL.
SNB Capital Al Razeen SAR Liquidity Fund reports assets under management of 949926254.
The minimum investment amount to participate in SNB Capital Al Razeen SAR Liquidity Fund is 100 ريال.
SNB Capital Al Razeen SAR Liquidity Fund was launched on 10/31/1998, giving investors a track record to evaluate long-term performance.
SNB Capital Al Razeen SAR Liquidity Fund performance summary
Return over 1 week: +0.0947%. Return over 1 month: +0.0246%. Return over 3 months: +0.0953%. Return over 6 months: +0.114%. Return over 1 year: +0.3243%. Return over since inception: +66.4357%.
Use this SNDUK fund page to review SNB Capital Al Razeen SAR Liquidity Fund returns, manager details, and strategy before investing.
SNDUK publishes SNB Capital Al Razeen SAR Liquidity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
