About SNB Capital Multi-Asset Growth Fund
SNB Capital Multi-Asset Growth Fund is an investment fund profile on SNDUK. This page explains SNB Capital Multi-Asset Growth Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
SNB Capital Multi-Asset Growth Fund is managed by SNB Capital. Fund type: multi_asset. Fund code: SMG. Assets under management: 706515067. Minimum investment: 26 دولار. Inception date: 10/2/2003.
SNB Capital Multi-Asset Growth Fund is an open-ended public multi-asset investment fund that is compliant with the Shariah Committee’s guidelines, aiming to achieve capital growth over the medium to long term through investing in a diversified portfolio of asset classes. The Fund is classified as a high-risk fund.
The Fund is not linked to a specific index; rather, it uses a composite benchmark to measure performance, consisting of 25% 1-month SAIBID and 75% MSCI ACWI Islamic Composite M Series NTR USD. The MSCI-linked component aims to measure the performance of large- and mid-cap companies listed in developed and emerging markets.
The Fund features a multi-asset strategy that allows the Fund Manager to allocate investments locally or globally as deemed appropriate, while adjusting asset allocation according to the stage of the economic cycle and relevant valuations. When selecting investments, the Fund Manager relies on quantitative and qualitative analysis, fundamental analysis of equities, assessment of the creditworthiness of Sukuk, in addition to reviewing the objectives, strategy, performance track record, and efficiency of the investment funds in which the Fund may invest.
The Fund may allocate 5% to 35% to money market instruments, up to 20% to Sukuk, 65% to 90% to listed equities, and 0% to 30% to other investments. The Fund may also invest indirectly in gold up to 10% of its net asset value, invest up to 90% of the Fund’s assets in listed exchange-traded funds (ETFs), in addition to the possibility of investing up to 60% of the Fund’s assets in non-listed investment funds.
SNB Capital Multi-Asset Growth Fund fund details
SNB Capital Multi-Asset Growth Fund is managed by SNB Capital. The asset manager oversees portfolio decisions and fund operations for SNB Capital Multi-Asset Growth Fund.
SNB Capital Multi-Asset Growth Fund is classified as a multi_asset fund, which shapes its risk profile and investment universe.
Investors can identify SNB Capital Multi-Asset Growth Fund in market data using fund code SMG.
SNB Capital Multi-Asset Growth Fund reports assets under management of 706515067.
The minimum investment amount to participate in SNB Capital Multi-Asset Growth Fund is 26 دولار.
SNB Capital Multi-Asset Growth Fund was launched on 10/2/2003, giving investors a track record to evaluate long-term performance.
SNB Capital Multi-Asset Growth Fund performance summary
Return over 1 week: +0.1761%. Return over 1 month: +3.8094%. Return over 3 months: +2.3915%. Return over 6 months: +8.0526%. Return over 1 year: +22.0932%. Return over since inception: +287.5513%.
Use this SNDUK fund page to review SNB Capital Multi-Asset Growth Fund returns, manager details, and strategy before investing.
SNDUK publishes SNB Capital Multi-Asset Growth Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
