About SNB Capital Global Equity Fund
SNB Capital Global Equity Fund is an investment fund profile on SNDUK. This page explains SNB Capital Global Equity Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SNB Capital Global Equity Fund is managed by SNB Capital. Fund type: equity. Fund code: AGE. Assets under management: 8173127. Minimum investment: 100 ريال. Inception date: 9/26/2011.
SNB Capital Global Equity Fund is an open-ended fund of funds that complies with Shariah principles and is managed by SNB Capital. The fund aims to achieve long-term capital growth by investing in global equity funds and exchange-traded funds (ETFs) listed on international markets and compliant with the standards of the Shariah Supervisory Committee. It provides investors with access to global equity markets through a diversified portfolio, without the need to invest directly in individual stocks.
The fund follows a Fund of Funds strategy, allocating its assets to a carefully selected range of global investment funds and exchange-traded funds, providing broad diversification across developed and emerging markets as well as different economic sectors. The fund manager adopts an active investment approach that allows for the reallocation of portfolio weights and the increase or reduction of exposure to specific regions or sectors based on investment opportunities, while maintaining full compliance with Shariah principles, with the objective of outperforming the benchmark.
The fund measures its performance against the MSCI ACWI Islamic M-Series Composite Index, a global index of Shariah-compliant equities that reflects the fund's asset class, investment objectives, and risk profile. The index is provided by MSCI.
The fund's investment policy allows the manager to invest all of its assets in Shariah-compliant exchange-traded funds, while ensuring that no more than 50% of the fund's net asset value is invested in a single investment fund. The fund may also obtain Shariah-compliant financing of up to 10% of its net asset value for a period not exceeding one year, without pledging the fund's assets against such financing. The fund does not use derivatives, is not subject to specific counterparty exposure limits, and requires a minimum credit rating when investing in money market instruments or dealing with counterparties, where applicable.
SNB Capital Global Equity Fund is a suitable choice for investors seeking to diversify their investments globally through a Shariah-compliant portfolio while benefiting from professional management and an active investment strategy designed to achieve long-term capital growth.
SNB Capital Global Equity Fund fund details
SNB Capital Global Equity Fund is managed by SNB Capital. The asset manager oversees portfolio decisions and fund operations for SNB Capital Global Equity Fund.
SNB Capital Global Equity Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SNB Capital Global Equity Fund in market data using fund code AGE.
SNB Capital Global Equity Fund reports assets under management of 8173127.
The minimum investment amount to participate in SNB Capital Global Equity Fund is 100 ريال.
SNB Capital Global Equity Fund was launched on 9/26/2011, giving investors a track record to evaluate long-term performance.
SNB Capital Global Equity Fund performance summary
Return over 1 week: -5.1434%. Return over 1 month: -7.0208%. Return over 3 months: +0.8049%. Return over 6 months: +6.1417%. Return over 1 year: +19.4542%. Return over since inception: +295.883%.
Use this SNDUK fund page to review SNB Capital Global Equity Fund returns, manager details, and strategy before investing.
SNDUK publishes SNB Capital Global Equity Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
