About SNB Capital Saudi Small and Mid-Cap Equity Fund
SNB Capital Saudi Small and Mid-Cap Equity Fund is an investment fund profile on SNDUK. This page explains SNB Capital Saudi Small and Mid-Cap Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SNB Capital Saudi Small and Mid-Cap Equity Fund is managed by SNB Capital. Fund type: equity. Fund code: AMS. Assets under management: 962371858. Minimum investment: 100 ريال. Inception date: 7/5/2008.
SNB Saudi Small and Mid-Cap Equity Fund is an open-ended public equity fund that complies with Shariah guidelines and is managed by SNB Capital. The fund aims to achieve long-term capital growth by investing in the shares of Saudi small and mid-cap companies listed on the Saudi stock market that comply with the guidelines issued by the Fund’s Shariah Committee, while following an active investment strategy based on selecting companies with strong financial fundamentals and promising future growth prospects.
The fund provides investors with access to a segment of companies that offer higher growth potential compared to large-cap companies. It focuses on businesses that are still in the expansion and growth stages and may benefit from economic developments, increased domestic spending, and the economic diversification programs under Saudi Vision 2030.
On the other hand, the fund is classified as a high-risk fund due to the higher volatility of small and mid-cap stocks compared to large-cap companies.
The fund allocates between 50% and 100% of its net assets to Saudi small and mid-cap equities listed on the Main Market and the Parallel Market (Nomu), including initial public offerings (IPOs), rights issues, Real Estate Investment Traded Funds (REITs), and Exchange Traded Funds (ETFs). It may also invest up to 30% of its assets in other Saudi listed equities and up to 50% in Saudi or GCC investment funds, while retaining cash or investing in Shariah-compliant money market funds and transactions of up to 50% of its net assets for liquidity management purposes.
SNB Saudi Small and Mid-Cap Equity Fund may obtain Shariah-compliant financing of up to 15% of its net asset value for investment purposes. It may also use derivative instruments exclusively for hedging purposes, with a maximum exposure of 15% of its net assets, while fully complying with the investment restrictions set out in the Capital Market Authority Regulations and the applicable Shariah guidelines.
SNB Capital Saudi Small and Mid-Cap Equity Fund fund details
SNB Capital Saudi Small and Mid-Cap Equity Fund is managed by SNB Capital. The asset manager oversees portfolio decisions and fund operations for SNB Capital Saudi Small and Mid-Cap Equity Fund.
SNB Capital Saudi Small and Mid-Cap Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SNB Capital Saudi Small and Mid-Cap Equity Fund in market data using fund code AMS.
SNB Capital Saudi Small and Mid-Cap Equity Fund reports assets under management of 962371858.
The minimum investment amount to participate in SNB Capital Saudi Small and Mid-Cap Equity Fund is 100 ريال.
SNB Capital Saudi Small and Mid-Cap Equity Fund was launched on 7/5/2008, giving investors a track record to evaluate long-term performance.
SNB Capital Saudi Small and Mid-Cap Equity Fund performance summary
Return over 1 week: +0.7405%. Return over 1 month: -2.6524%. Return over 3 months: -4.75%. Return over 6 months: -4.5172%. Return over 1 year: -11.0175%. Return over since inception: +435.2199%.
Use this SNDUK fund page to review SNB Capital Saudi Small and Mid-Cap Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes SNB Capital Saudi Small and Mid-Cap Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
