SNB Capital SAR Multi-Asset Conservative Fund
011162 · Public fund · 146 clauses read
Every limit below quotes the sentence it came from, in the document's own language. Nothing here has been approved, and no figure was generated — each one was read from the published terms and can be checked against them.
The Fund Manager shall diversify investments of the Fund as stated in its strategy.
Quoted from clause d
*Cash includes: only cash at bank, excluding deposits, Murabaha and money market funds.
Quoted from clause d
*Cash includes: only cash at bank, excluding deposits, Murabaha and money market funds.
Quoted from clause d
Money market instrument funds 80% 55%
Quoted from clause d
Money market instrument funds 80% 55%
Quoted from clause d
Sukuk and debt instrument funds** 35%
Quoted from clause d
Listed equity funds** 10% 30%
Quoted from clause d
Listed equity funds** 10% 30%
Quoted from clause d
The Fund Manager will not invest in asset classes other than those mentioned in subparagraph (d) of paragraph (3) “Investment Policies and Practices” of this Terms and Conditions.
Quoted from clause d
The Fund Manager will comply with the applicable restrictions set out in Article (56) “Fund of Funds” of the Investment Funds Regulations and will comply with Shariah guidelines set by Shariah Committee.
Quoted from clause d
The Fund has the right to obtain Shariah-compliant financing up to a maximum of 15% of the net assets of the Fund for a maturity period of no more than one year.
Quoted from clause d
The Fund has the right to obtain Shariah-compliant financing up to a maximum of 15% of the net assets of the Fund for a maturity period of no more than one year.
Quoted from clause d
The fund manager does not intend to lend securities from the fund's assets.
Quoted from clause d
If total redemptions exceed 10% or more of the Fund's NAV, the Fund Manager has the right to postpone such redemptions to the next Dealing Day on a pro-rata basis.
Quoted from clause 15 (2)
The Manager will charge the Fund an annual management fee of 1.00% of the Fund’s Net Asset Value calculated on each valuation day and deducted monthly.
Quoted from clause 9 (3)
These expenses are paid monthly, with a cap of 0.20% of the fund's average asset value for the year.
Quoted from clause 9 (3)
Fund reports, miscellaneous expenses, and any other legally permissible expenses, provided that fees and other expenses do not exceed 0.10% of the average net asset value during the year.
Quoted from clause 9 (3)
Members of the Fund Board may be members of other funds that may seek investment objectives similar to those of the Fund.
Quoted from clause 13 (4)
What happens next
Nothing here came from your systems. It was read from the terms and conditions your fund already publishes, so you can judge the work before sharing anything.
If the limits are right, a person at your firm approves each one against its clause — that is what puts it in force. From then on, any breach you record cites the approved text, and the letter to the Authority quotes it verbatim.
- Source document
- Terms and conditions (PDF)In English
- Clauses read
- 146
- Limits proposed
- 18
- Prepared
- nothing has been shared with us
Claim this fund's rulebook
Say who you are and we mail you a personal link to this draft: every limit with its clause, nothing approved, nothing from your systems. The link lives thirty days. No account is created and nothing you type here is shared.
ComAgents — the regulator-facing accountability layer for CMA-regulated firms. Nothing here is verified; nothing came from your systems.