• englishالعربية
banner-img

SNB Capital Saudi Small and Mid-Cap Equity Fund

Sector Funds

Essential Fund Resources

Funds Unit Prices

0.42 MB

Semi-Annual Report

1.45 MB

Terms & Conditions

0.80 MB

Annual Report‎

3.63 MB

Factsheet

0.23 MB

Disclosures

incomeSliderImg

SNB Capital Saudi Small and Mid-Cap Equity Fund

The objective of the Fund is to generate long-term capital growth through investing primarily in Saudi small and mid-Cap companies in the Saudi equity market in accordance with the Shariah guidelines issued by the Shariah Board. The Fund will not make any distributions to Unitholders. Instead, capital gains and dividends will be reinvested.

Principal Investment Strategies

  • Investing primarily in shares of listed companies that meet the guidelines issued by the Shariah Board. In addition, the Fund may invest in ETFs, local IPO's and Rump Offerings whenever possible. Surplus cash may be invested in Shariah compliant Murabaha transactions and/or funds. The Fund may also have a limited exposure to Sukuk.

  • The Fund will invest in selected Sahriah compliant companies listed in the Saudi stock exchange. However, in exceptional circumstances, the Fund may retain 30% of its assets in cash.

  • The investments in the Fund are subject to the Fund Managers Investment Process which includes quantitative screens, company analysis and a rigorous review discipline.

  • If the Fund invests in money market or fixed income instruments, the minimum credit rating of the investee Sukuk and counterparties will be as determined by one of the international credit rating agencies as per the following: Standard & Poor's: BBB-, Moody's: Baa3, Fitch: BBB-. In the absence of credit rating of the Fund's investments or counterparties, the Fund Manager will rate the quality of investments internally based on the stability and soundness of the financial position of the counterparty or issuer. The Fund's maximum exposure to any single counterparty will be 20% of the Fund's net asset value.

  • The Fund will not invest in securities other than those mentioned above.


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

Fund's Key Details

Currency
Saudi Riyal
Risk level
High Risk
Benchmark
S&P Saudi Arabia Mid-Small Shariah (TR)
Objectives
Long-term capital gains investing in Saudi Small and Mid-Cap Companies’ Equities.
Minimum Investment
SAR 5,000
Minimum Additional Subscription
SAR 2,000
Minimum Additional Subscription and Subscription through Regular Investment Scheme
SAR 100
Minimum Redemption
SAR 2,000
Minimum Holding of Units
SAR 2,000, with the exception of participants through the Regular Investment Scheme
Valuation Days
Every Dealing Days
Dealing Days
Every Saudi Business Day
Subscription/ Redemption Days
Every Saudi Business day
Subscription/ Redemption Request cut off time
Before or at 10:00 AM on the Dealing Day
Subscription Fee
Up to 2% of the amount paid by the Investor
Management Fee
1.85% p.a. of the Fund’s NAV to be calculated and deducted on each valuation day
Redemption Proceeds
Will be made available to the Unitholder within before the close of business on the fourth day following the Valuation Day.
Other expenses
Other expenses chargeable to the Fund (including audit, Shariah, custody, data processing, finance, and other legally permitted charges). However, other expenses will not to exceed 0.5% from the Fund’s average Assets.
Commencement Date
5/7/2008G
Initial Unit Price
SAR 1.00

Principal Risks of Investing in the Fund

The Fund is of high risk and no assurance may be given by NCB Capital that any appreciation in the value of the Fund’s investments will occur. The value of the Fund’s underlying investments and the income derived from them may go up and go down as well. No assurance may be given by NCB Capital that investment objectives of the Fund will actually be achieved. Moreover, past performance of the Fund, if any, is not an indication of any future growth of rates of return.

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

Legal
Follow us On

SNB Capital is a Saudi Joint Stock Company with a paid up capital of SAR 1,500,000,000 and is authorised by the Capital Market Authority of the Kingdom of Saudi Arabia with a license number 37-06046 granted by Capital Market Authority to carry out dealing, as principal and agent, and underwriting, managing, arranging, advising and custody, with respect to securities. SNB Capital Company, CR1010231474, the registered office is at King Saud Road, Regional Building P.O. Box 22216, 11495 Riyadh, Kingdom of Saudi Arabia. +966 11 874 7106

© 2025 SNB Capital. All rights reserved.