SNB Capital’s first Global Megatrends Fund launches to provide access to future-focused investments
الأربعاء / 27 / جمادى الأولى / 1444 هـ - 13:07 - الأربعاء 21 ديسمبر 2022 13:07
The launch of the Global Megatrends Fund by SNB Capital, Saudi Arabia’s largest asset manager, will provide investment opportunities for retail and institutional investors into future-focused industries with high-growth potential.
The open-ended, actively managed Global Megatrends Fund will invest in future-focused industries with the digital transformation, sustainable investments, and rapid urbanisation agenda currently at the centre of its mandate. The fund’s mandate is to achieve long-term capital growth through investing in opportunities which have the potential to augment the way societies live, work and do business, while also supporting the sustainability objectives that lie at the heart of Saudi Arabia’s Vision 2030 agenda.
Rashed Sharif, Chief Executive Officer at SNB Capital, said: 'The launch of our Global Megatrends fund serves to underscore our broad ambitions to provide increased access to global opportunities that support the transformation of the global economy. As the leading asset manager in Saudi Arabia, one of the fastest growing G20 countries, we are committed to innovation and identifying opportunities in new industries and technologies that will augment the future of the economy and daily lives. This fund provides our clients with a unique opportunity to access a best-in-class product that supports diversification and sustainability.”
Digital disruption is evident, with sectors such as electric cars, renewable energy, DNA sequencing and Web3.0 at the forefront of the innovation agenda. Through investing in such opportunities, there is not only the potential to gain from global growth, but it will also have an impact on the advancement and development of Saudi Arabia’s industry and investment landscape.
Through a focus on disruptive industries, investors can diversify their portfolios while benefitting from the SNB Capital’s asset management expertise.
To learn more about SNB Capital’s Global Megatrends Fund, please click here.