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Published on the same date

CMA Announces the Approval of Merging of "SNB Capital Al-Raed GCC Fund” into” SNB Capital GCC Trading Equity Fund”

​The CMA has issued its resolution approving of Merging, by "SNP Capital", of "SNB Capital Al-Raed GCC Fund" into" SNB Capital GCC Trading Equity Fund"."

An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the Terms and Conditions which includes detailed information on the Fund, investment strategy and risk factors, and carefully study it to be able to assess the feasibility of taking into consideration the associated risks. If the Terms and conditions proves difficult to understand, it is recommended to refer to the fund manager for more information.

The CMA's approval of merger should never be considered as a recommendation to subscribe in the fund, The CMA's approval of merger merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.​