CMA approves public offering of SNB Capital – Princess Nourah University Endowment Fund

Logo of Capital Market Authority (CMA)

The Capital Market Authority (CMA) approved SNB Capital’s application to publicly offer units of the SNB Capital – Princess Nourah University Endowment Fund, the authority said in a statement.

An investment decision without reading the terms and conditions (T&Cs) carefully or fully reviewing the content may involve high risks.

Therefore, investors should carefully read the T&Cs, which include detailed information on the fund, investment strategy, and risk factors, to be able to assess the feasibility of investing.

If the T&Cs prove difficult to understand, it is recommended to refer to the fund manager for more information.

The CMA's approval should never be considered as a recommendation to subscribe to the fund. It merely means that the legal requirements as per the Capital Market Law and its implementing regulations have been met.