SNB Capital Company announces the approval of the Fund’s Board of Directors of Non-fundamental changes to SNB Capital Global Equity Fund; such changes will become effective on (29/04/1447H) corresponding to (21/10/2025G).
The details of the Non-fundamental change are as follows:
- Updating the fund definitions table.
- Updating the fund Summery.
- Updating subparagraphs (a, b, h) in paragraph (9) “Fees, Charges and Expenses”.
- Updating subparagraphs (d, e, f, g, h) in paragraph (11) “Dealings”.
- Updating subparagraph (a) in paragraph (14) “Unitholders Register”.
- Updating subparagraphs (a, b) in paragraph (20) “Termination of the Fund”.
- Updating subparagraphs (h, i) in paragraph (21) “Fund Manager”.
- Updating subparagraph (e) in paragraph (22) “Fund Operator”.
- Updating subparagraphs (a, b, c) in paragraph (23) “Custodian”.
- Updating subparagraphs (d, e, f) in paragraph (24) “Fund Board”.
Unitholders have the right to redeem their units before any non-fundamental change is effective; without incurring any redemption fees”.
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