SNB Capital Global Sukuk Fund

Principal Risks of Investing in the Fund

• The following principal investment strategies will be used to achieve the Fund objectives:

• Investing primarily in Sharia compliant fixed income instruments, medium to long‐term financial instruments and trade transactions, including, but not limited to Murabaha, Wakala, Mudaraba and Musharaka transactions, and Sharia compliant alternatives of swaps, repo and reverse repos, as well as structured certificates and asset‐backed securities.

• The Fund invests primarily in a selection of Sukuk and short to medium term financial instruments with counterparties in the Kingdom of Saudi Arabia licensed by the Saudi Arabian Monetary Agency or with other counterpart licensed by reputable and well-known central banks.
  
  The maximum exposure of the Fund per any single counterparty shall be 30% of the Fund's NAV, excluding the Fund's transactions with the Fund Manager or any of its affiliates pursuant to Article 26 of the Investment Fund Regulations, "Principal Transactions".

•  

•  

  
  For more information on the Fund’s investment strategies please refer to the Terms & Conditions

• The Fund seeks to reduce the risk levels through conducting trade transactions and investing in Sukuk with companies that have good and sound financial backing. The overall Fund average maturity shall not exceed 5 years.

• The Fund may invest in medium to long-term fixed income instruments of no more than 90% of the Fund's assets. The Fund can invest no more than 20% of its assets in sub-investment grade instruments with the credit rating below the following: Standard & Poor's: BBB- , Moody Baa3 and Fitch: BBB-.