The fund is an open ended investment fund which aims to provide capital preservation, liquidity and capital appreciation in accordance to Shariah guidelines. Fund benchmark is Thirty (30) days rolling average of the 1 month Saudi Riyal Interbank Bid Rate (SAIBID). The fund’s asset will be invested primarily in Sharia compliant short and mediumterm financial instruments, such as trade finance through Murabaha, Wakala, Mudaraba and Musharaka, mediumterm fixed income instruments, and Sharia compliant swap, repurchase agreement (repo) and reverse repurchase agreement, structured certificates and assetbacked securities.
SNB Capital Saudi Riyal Trade Fund
Latest Price NAV
USD
0.54
as of
13/Sep/23
Objective
Key Facts
Launch Date :
3/Apr/95
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
2058.64
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
1.55
5 Yrs Performance
1.77
10 Yrs Performance
1.52
Top Holdings
1.
MUR1
15.4
%
2.
FUND1
7.54
%
3.
MUR2
7.37
%
4.
MUR3
5.99
%
5.
MUR4
4.56
%
6.
MUR5
4.55
%
7.
MUR6
4.51
%
8.
MUR7
4.49
%
9.
MUR8
4.49
%
10.
MUR9
3.8
%
Portfolio Composition
1.
SAUDI ARABIA
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.75
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 Cap
Website :
https://www.alahlicapital.com/