CMA approves public offering of SNB Capital GCC Petrochemical Sector Fund

10/12/2024 Argaam

The Capital Market Authority (CMA) approved SNB Capital's request for the public offering of SNB Capital GCC Petrochemical Sector Fund.

 

Making an investment decision without carefully reading the terms and conditions (T&Cs) or fully reviewing its content may involve significant risks.

 

Investors are strongly advised to thoroughly read the T&Cs, which provide detailed information about the fund, its investment strategy, and associated risk factors. This careful review will enable investors to assess the feasibility of the investment while considering the related risks.

 

If the T&Cs are difficult to understand, consulting the fund manager for clarification is highly recommended.

 

The CMA's approval of the fund should not be deemed as a recommendation to subscribe to the public offering. It merely means that the fund has met the legal requirements outlined in the Capital Market Law and its Implementing Regulations.

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