About SNB Capital Emerging Markets Index Fund
SNB Capital Emerging Markets Index Fund is an investment fund profile on SNDUK. This page explains SNB Capital Emerging Markets Index Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SNB Capital Emerging Markets Index Fund is managed by SNB Capital. Fund type: equity. Fund code: EMF. Assets under management: 219,169,619. Minimum investment: 2000 دولار. Inception date: 10/9/2006.
SNB Capital Emerging Markets Index Fund is an open-ended public index investment fund compliant with the Shariah Committee’s guidelines. It aims to achieve long-term capital growth by generating a total return equivalent to the performance of the MSCI EM Islamic M-Series Index (Net Total Return USD). The Fund primarily invests in shares of large and mid-cap companies listed in emerging markets and is classified as a high-risk fund.
The Fund follows a strategy linked to the benchmark index, and the Fund Manager seeks to minimize tracking errors against the index. The Fund may not always be fully invested as a result of the level of cash flows and cash reserves held to cover redemption requests, and increased subscription and redemption activity may affect the Fund’s ability to track the index accurately. The Fund Manager discloses the tracking difference from the index in the Fund’s factsheet on a quarterly basis.
The investment policy sets the range of investments in shares of companies listed in emerging markets at between 90% and 100% of net asset value, while investments in cash, Murabaha transactions, and money market funds range between 0% and 10%. The Fund may also invest between 0% and 10% in investment funds that have the same strategy and track the same index. These percentages represent the minimum and maximum limits for each investment category.
The Fund measures its performance against the MSCI EM Islamic M-Series Index (Net Total Return USD). The index is based on adjusted free-float market capitalization to measure the performance of the segment of large and mid-cap companies listed in emerging markets while complying with the Shariah Committee’s guidelines.
SNB Capital Emerging Markets Index Fund fund details
SNB Capital Emerging Markets Index Fund is managed by SNB Capital. The asset manager oversees portfolio decisions and fund operations for SNB Capital Emerging Markets Index Fund.
SNB Capital Emerging Markets Index Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SNB Capital Emerging Markets Index Fund in market data using fund code EMF.
SNB Capital Emerging Markets Index Fund reports assets under management of 219,169,619.
The minimum investment amount to participate in SNB Capital Emerging Markets Index Fund is 2000 دولار.
SNB Capital Emerging Markets Index Fund was launched on 10/9/2006, giving investors a track record to evaluate long-term performance.
SNB Capital Emerging Markets Index Fund performance summary
Return over 1 week: +0.4715%. Return over 1 month: +1.9616%. Return over 3 months: -3.5785%. Return over 6 months: +22.3349%. Return over 1 year: +68.4497%. Return over since inception: +137.2503%.
Use this SNDUK fund page to review SNB Capital Emerging Markets Index Fund returns, manager details, and strategy before investing.
SNDUK publishes SNB Capital Emerging Markets Index Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
