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Mutual Funds

Funds
Funds
SAIB Fund 3 (Fund Three – Periodic Return)
SAIB Fund 3 (Fund Three – Periodic Return)

SAIB Fund 3 (Fund Three – Periodic Return)

Overview:

SAIB Fund 3 is open-ended fund invests in variety of medium and long-term fixed income instruments, with up to 100% of the Fund’s funds in treasury bonds and government bonds, in accordance with the Fund’s approved investment policy

Fund structure 

  • Financial Regulatory Authority Approval : September 1998
  • Issuer : SAIB Bank
  • Fund Manager : Hermes Fund Management

 

Investment Guidelines:

 

Asset Allocation

% of Net Assets Value

Treasury Bonds & Governmental Sukouk

Up to 100%

Certificate Deposits (Maturity 18 months and more)

Up to 25%

Corporate Bonds

Up to 40%

Bank Time Deposits

Up to 20%

Mortgage backed securities

Up to 10%

 

Subscription & Redemption:

  • Subscription requests are received in all SAIB branches during working days at working hours till 12 pm to be executed on the next working day.
  • Redemption requests are received in all SAIB branches during working days at working hours till 12 pm of the last working day on every week to be executed in the first working day of the next week.

Subscription & Redemption fees:

No Subscription & Redemption fees

 

  • To view the approved prospectus from FRA, please click on the link
  • To view 2024 Fact sheet, please click on the link
  • To view 2023 Fact sheet, please click on the link
  • To view the financial statements, please click on the link