HSBC Saudi Companies Equity Fund

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  • Rate
    4.90
NAV (Feb 2, 2023)
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NAV (Feb 2, 2023)
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NAV (Feb 2, 2023)
+0.75%
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CAGR Month 6

About HSBC Saudi Companies Equity Fund

Investment Objective

HSBC Saudi Companies Equity Fund is an open-ended investment fund that came into existence in the year 2004 with the inception value of SAR 10. With a subscription amount of up to 2%, you can start investing in this fund with SAR 5000. The cut-off time for getting a subscription is before the closing of services at 4:30 PM on Sunday and Tuesday for Monday & Wednesday Valuation, respectively

The fund seeks to generate a return on capital over the medium - to - long run by dealing in a diverse portfolio of firms that meet the Shariah Criteria established by the Fund's SSC and are registered on the Saudi Stock Exchange. The Portfolio Manager may opt to spend the fund's surplus capital in Shariah-compliant Money Market Instruments for a brief period.

The fund seeks to add value by combining the fund manager's extensive expertise, insight into fundamental studies, and a statistical evaluation technique implemented within a regulated structure. Traditionally, the integration of this innovative methodology has resulted in higher success.

It is projected to assist the fund in acquiring the correct stocks, potentially providing investors with higher returns than the Fund reference. If you are still considering investing in this fund, you may learn more about it by downloading the Nakla app. On the fund's website, the platform displays the fund's performance as well as other vital statistics that will help you learn more about the fund.

Expense Ratio
%
Asset Class
Fund Type
Open
Fund Currency
Shariah Compliant
Fund Objective
Risk Level
Minimum Subscription
Subscription charges
Management fees
Leverage
Launched Date
2010/09/30

Fund Managers

HSBC Saudi Arabia
Fund Manager

FAQs about HSBC Saudi Companies Equity Fund

What Kind of Returns does HSBC Saudi Companies Equity Fund Provide?

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HSBC Saudi Companies Equity Fund offers 22.34% YTD returns when investing in this fund. To get your expected return, planning your investment for the long run is essential.

How risky is the HSBC Saudi Companies Equity Fund?

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HSBC Saudi Companies Equity Fund is a high-risk investment fund. However, as the name says, though this fund comes with high risk, it promises high returns. As a result, these funds are appropriate for investors with a high-risk tolerance who are interested in investing in risky securities.

What minimum amount do you need to invest in the HSBC Saudi Companies Equity Fund?

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SAR 5000 is the minimum amount that you must have when planning to invest in the HSBC Saudi Companies Equity Fund. Each fund establishes these minimal quantities in order to prevent minor, short-term trades from impacting revenues and the fund's regular management.

What is the Average Annual Management Fee of HSBC Saudi Companies Equity Fund?

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The average Annual Management Fee of HSBC Saudi Companies Equity Fund is 1.50%. This amount is paid for the outstanding service of the investment managers. They choose assets and handle portfolios on your behalf using their knowledge and experience.

What is the Fund Type of HSBC Saudi Companies Equity Fund?

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HSBC Saudi Companies Equity Fund is an open-ended fund. Hence, you can buy the units of this fund on any working day without any hassle.

Who manages the HSBC Saudi Companies Equity Fund?

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HSBC Saudi Companies Equity fund is handled by HSBC Saudi Arabia. The proficient team is based out of Riyadh and provides knowledge and recommendations on the Saudi Stock market.

What is the HSBC Saudi Companies Equity fund's goal?

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The HSBC Saudi Companies Equities Fund seeks long-term capital appreciation through investments in the Saudi equity stock market. Every equity investment in the fund will be in firms that adhere to Islamic investing standards and are overseen and supported by Amanah's Shariah Supervisory Board.

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SAR 5000 per month
Over the past

Total Investment of (SAR) 0
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