HSBC Saudi Freestyle Equity Fund

HSBC Saudi Freestyle Equity Fund was launched in the year 2012 under the management of HSBC Saudi Arabia. The fund provides investors with a new strategy for dealing with Shariah-compliant Saudi equity, with its uniqueness stemming from the fund's "Freestyle" managerial style.

An open-ended equity fund, this fund's motive is to accomplish, over the mid to long tenure, capital appreciation by spending on a wide range of organizations' portfolios of stocks registered on the Saudi Stock Exchange. However, this does not include a conventional financial foundation and is part of the HSBC Saudi Freestyle Equity Fund.

The Fund Manager may opt to spend the fund's surplus capital in short-term Money Market Funds to boost the fund's yield. The fund is a revenue-gathering fund, which means its earnings are reinvested rather than given to Unit Holders. The Shares' worth and cost will mirror the fund's revenue reinvestment.

With the subscription charge of 2%, this fund invests in a focused portfolio. It is handled in a proactive and adaptable way to offer investors results that are not related to a baseline or weighted associated with indices. If you're ready to invest in this fund but need a platform, Nakla is your one-stop-shop. The software streamlines the trading procedure and assists the user in making sound investment decisions.