SNB Capital Corporates Sukuk Fund

The Fund invests in the following Shariah-compliant securities ("Target Securities"):

• Sukuk of Local and GCC coporates issued in Local or GCC markets or any Local or GCC issuances issued in the international markets denominated in Saudi riyals or Uinted Satates Dollars or any other currencies in accordance with the Fund's Shariah standards;

• The fund can invest in Sovereign Sukuk issued by Saudi Government or any Sukuk issued directly or indirectly by Saudi Government Entities or any other goverments within GCC or any Local or GCC issuances issued in the international markets denominated in Saudi riyals or United Satates Dollars or any other currencies

• Short term instruments (Murabaha) with counterparties regulated by SAMA or a similar regulatory body outside the Kingdom;

• The Fund may invest in money market and fixed income funds in accordance with Shariah standards, which are publicly offered and licensed by CMA.

• The Fund may invest in derivatives associated with structured instruments and products that comply with Shariah standards of the Fund, and structured instruments and products denominated in Saudi riyals or United Satates Dollars or any other currencies that comply with Shariah standards of the Fund for hedging purposes (interest rate risk).