SABB Amanah GCC Equity Fund

 

SABB Amanah GCC Equity Fund is a Shariah-compliant, actively managed, open-ended equity investment fund sponsored by SABB. The Fund will seek long-term returns from capital growth through investment in Shariah-compliant equities listed on the Saudi Stock Exchange and shares available to foreign investors on the UAE, Kuwait, Qatar, Oman and Bahrain stock exchanges.

 

Objective

SABB Amanah GCC Equity Fund strives to provide medium to long-term capital growth through the investment in GCC equity markets that include Saudi Arabia, UAE, Kuwait, Qatar, Oman and Bahrain. The Fund will invest in equities that conform to Shariah Guidelines as set by the Shariah Supervisory Committee of SABB.

 

Geographic Allocation (based on Market Capitalization)

Saudi being the largest in the GCC market comprises almost 63% of the total regional allocation.

 

Key Features

 

Fund Manager

SABB Asset Management

Type

Open-ended

Currency

SAR

Minimum Subscription

SAR 7,500

Valuation day

Saturday

Subscription Fee

3.00%

Management Fee

2.00% per annum

Launch Price

SAR10

 

Contact Us

For more information please call our toll free number

                        800 124 1212