CMA OKs listing of SNB Capital SAR Multi-Asset Conservative Fund

The Capital Market Authority (CMA) has approved the public offering by SNB Capital of SNB Capital SAR Multi-Asset Conservative Fund.

In a statement, the authority stated that 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 include detailed information on the fund, investment strategy and risk factors, and carefully study it to assess the feasibility considering the associated risks.

If the terms and conditions prove difficult to understand, it is recommended to refer to the fund manager for more information.

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