SNB Capital Healthcare & Education Sectors Fund

SNB Capital Healthcare & Education Sectors Fund is managed by SNB Capital. The asset manager oversees portfolio decisions and fund operations for SNB Capital Healthcare & Education Sectors Fund.

SNB Capital Healthcare & Education Sectors Fund is classified as a equity fund, which shapes its risk profile and investment universe.

Investors can identify SNB Capital Healthcare & Education Sectors Fund in market data using fund code AHE.

SNB Capital Healthcare & Education Sectors Fund reports assets under management of 204663709.

The minimum investment amount to participate in SNB Capital Healthcare & Education Sectors Fund is 100 ريال.

SNB Capital Healthcare & Education Sectors Fund was launched on 5/16/1992, giving investors a track record to evaluate long-term performance.

SNB Capital Healthcare & Education Sectors Fund is an open-ended public equity fund that complies with the standards of the Sharia Supervisory Committee and is managed by SNB Capital. The fund aims to achieve long-term capital growth by investing in the shares of healthcare and education companies listed on the Saudi stock markets that have strong earnings and cash flow growth potential while complying with Sharia standards.

SNB Capital Healthcare & Education Sectors Fund follows an investment policy primarily focused on investing in shares of healthcare and education companies listed on the Saudi stock market, allocating between 50% and 100% of its total assets to this sector, including initial public offerings (IPOs) and rights issues. The fund may also invest up to 30% of its assets in other Saudi-listed companies that comply with Sharia guidelines, in addition to allocating up to 10% to Exchange-Traded Funds (ETFs) and Real Estate Investment Trusts (REITs).

To manage liquidity, the fund may hold cash or invest in money market funds and money market transactions for up to 50% of its assets. It may also invest up to 50% of its net assets in other investment funds that invest in the Saudi stock market, providing greater flexibility in portfolio management and the ability to capitalize on various investment opportunities.

Why Does the Fund Focus on the Healthcare and Education Sectors?

The healthcare and education sectors are considered defensive sectors that benefit from population growth, rising income levels, increased government spending, and the objectives of Saudi Vision 2030, which aims to enhance healthcare and education services while increasing private sector participation.