HSBC Saudi Equity Income Fund

  • No items found.
  • Rate
    4.90
NAV (Feb 2, 2023)
%
NAV (Feb 2, 2023)
Historical NAV
%
NAV (Feb 2, 2023)
+0.75%
1D
Mutual fund graph
  • 1D
  • 5D
  • 1M
  • 3M
  • 1Y
  • 3M
  • 5Y
  • 10Y
  • All
Fund Returns
Last 1Y
%
YTD
%
Last 3Y
%
Last 3 months
%
Last 5Y
%
CAGR Month 6

About HSBC Saudi Equity Income Fund

Investment Objective

HSBC Saudi Equity Income Fund was launched in 1997 with a launch price of SAR 10. The Saudi Basic Industrial and Saudi Telecom organizations, which are market representatives, have the most significant fund weighting. The fund is well-diversified because it trades in various Saudi industries (excluding banking firms).

When it comes to the fund's information, this HSBC Saudi Equity Income fund is assessed on Monday and Wednesday. Furthermore, the fund's cut-off period is before the end of trading, i.e., Sunday and Tuesday for Monday and Wednesday valuation, respectively. You can immediately redeem the fund's payout two business days following the valuation date.

You don't have to be concerned about your money because the financial advisers actively handle the funds. The HSBC Saudi Arabia Fund Manager employs an active investing strategy, selecting assets that it believes will appreciate based on market research and the expected return or development of specific equities.

If you are still hesitant about subscribing to this fund, you may learn more about it by downloading the Nakla app. On the fund's webpage, the platform displays the fund's history as well as other vital statistics that will help you learn more about the fund. Furthermore, you may consult with investment managers to discuss your needs and obtain expert advice before making final judgments.

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 Equity Income Fund

How risky is the HSBC Saudi Equity Income Fund?

toggle arrow

The risk associated with HSBC Saudi Equity Income Fund is high. Though the fund is typically very unpredictable, it also offers substantial rewards to investors. Hence, the fund is ideal if you are willing to face more risks in exchange for more significant rewards.

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

toggle arrow

The minimum amount you need to invest in the HSBC Saudi Equity Income Fund is SAR 5000. However, if you want to add a top-up amount to your investment, you need at least SAR 2500 in your pocket.

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

toggle arrow

The Average Annual Management Fee of HSBC Saudi Equity Income Fund is 1.7%. Although these charges are not directly engaged in investing choices, they are essential to guarantee that the mutual fund is administered appropriately and in accordance with Shariah-Compliant regulations.

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

toggle arrow

HSBC Saudi Equity Income Fund is an open-ended fund. This implies that the traders can buy or redeem units from the fund house on present net asset value on any given day.

Who manages the HSBC Saudi Equity Income Fund?

toggle arrow

HSBC Saudi Equity Income Fund is handled by HSBC Saudi Arabia. Being the market leader in debt finance & advisory, they offer their investors top-notch service and investment advice.

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

toggle arrow

The Saudi Equity Income Fund aims to attain long-term equity-linked appreciation by spending money on the Saudi stock exchange. The fund invests in Saudi publicly traded firms (excluding banks) and short-tenure trade financing proceedings.

What is the expense ratio of the HSBC Saudi Equity Income Fund?

toggle arrow

The expense ratio of the HSBC Saudi Equity Income Fund is 0.43%. This ratio shows the yearly percentage fee charged by the fund to handle your stock portfolio.

toggle arrow

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

Similar Funds to HSBC Saudi Equity Income Fund

Link copied to clipboard