The fund seeks to achieve liquidityand capital appreciation through investments in non-interest bearing international trade finance. The invest in short term Murabaha, finance and cash instruments compliant to shariah standards denominated in SAR, USD or both licensed by CMA with identical risks. The Fund may invest also with maximum 20% of its assets in long term investments such as Sukuk, instruments and structured products that are denominated in SAR or USD or both. Investment in Sukuk instruments and structured products my reach the maximum allowable limit of 20% of the Fund Assets. The Benchmark index shall be US LIBOR 1 month index.
SNB Capital Intl Trade Finance Fd SunbullahUSD
Latest Price NAV
USD
30.29
as of
4/Sep/23
Objective
Key Facts
Launch Date :
5/Dec/86
Asset Type :
Money MarketBase Currency :
US DollarTotal Net Asset (USD M) :
130.10
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
United States of America
Shariah Compliant
Shariah
Performance
3 Yrs Performance
2.09
5 Yrs Performance
1.88
10 Yrs Performance
1.40
Top Holdings
1.
MUR1
13.59
%
2.
MUR2
8.86
%
3.
Fund
8.86
%
4.
MUR3
8.65
%
5.
MUR4
8.18
%
6.
MUR5
8.18
%
7.
MUR6
6.81
%
8.
MUR7
6.4
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
SNB Capital
Website :
https://www.alahlicapital.com