About SNB Capital North America Index Fund
SNB Capital North America Index Fund is an investment fund profile on SNDUK. This page explains SNB Capital North America Index Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SNB Capital North America Index Fund is managed by SNB Capital. Fund type: equity. Fund code: SNA. Assets under management: 1141465266. Minimum investment: 2000 دولار. Inception date: 3/29/1999.
SNB Capital North America Index Fund is an open-ended public investment index fund that is Shariah-compliant, managed by SNB Capital, and aims to achieve long-term capital growth by tracking the performance of the MSCI North America Islamic M-Series Index (Net Total Return USD).
The Fund primarily invests in the shares of large and mid-cap U.S. and Canadian listed companies, while adhering to the Shariah guidelines approved by the Fund’s Shariah Committee. Listed equities must represent between 90% and 100% of the Fund’s net asset value, while investments in cash, Murabaha transactions, and money market funds may range from 0% to 10%. The Fund may also invest up to 10% in investment funds that follow the same strategy and index. The Fund is managed under a passive management strategy that aims to track the performance of the index by investing all or most of the Fund’s assets in the securities comprising the index or by using a representative sample of them.
SNB Capital North America Index Fund is classified as a high-risk fund, and SNB Capital does not guarantee that the Fund’s objectives will be achieved or that the value of the investment will increase. Past performance of the Fund or the index does not guarantee future performance.
The Fund’s assets are valued from Monday to Friday in accordance with the business days and conditions specified in the document, while dealing takes place from Monday to Thursday, provided that the day is a business day in Saudi Arabia, the United States, the Fund’s sub-fund manager, and the markets in which the Fund has material investments.
SNB Capital North America Index Fund fund details
SNB Capital North America Index Fund is managed by SNB Capital. The asset manager oversees portfolio decisions and fund operations for SNB Capital North America Index Fund.
SNB Capital North America Index Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SNB Capital North America Index Fund in market data using fund code SNA.
SNB Capital North America Index Fund reports assets under management of 1141465266.
The minimum investment amount to participate in SNB Capital North America Index Fund is 2000 دولار.
SNB Capital North America Index Fund was launched on 3/29/1999, giving investors a track record to evaluate long-term performance.
SNB Capital North America Index Fund performance summary
Return over 1 week: -1.423%. Return over 1 month: +3.4255%. Return over 3 months: +4.409%. Return over 6 months: +13.3752%. Return over 1 year: +26.2099%. Return over since inception: +665.0328%.
Use this SNDUK fund page to review SNB Capital North America Index Fund returns, manager details, and strategy before investing.
SNDUK publishes SNB Capital North America Index Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
