SABB Amanah Saudi Equity Fund

 

SABB Amanah Saudi Equity Fund aims to achieve long-term capital growth by investing in the Saudi equity stock market. All equity investments in the Fund will be in companies, which conform to Islamic investment principles, guided and endorsed by the Shariah Supervisory Committee of Amanah.

Key Features

 

Currency

Saudi Riyal

Minimum Investment

SAR 7,500

Issue Price

SAR 10

Fund Type

Open-ended

Launch Date

13 March 2004

Start Date

1 May 2004

Subscription / Redemption

Twice weekly

 

Fund Manager

SABB Amanah Saudi Equity Fund will be managed by HSBC Saudi Arabia Limited. The Fund aims to add value by combining the fund manager’s vast experience, access to fundamental research and a quantitative valuation approach which is applied through a disciplined framework. Historically, the combination of this distinct approach has achieved greater performance and is expected to help the Fund acquire the right stocks, which could provide investors with superior returns relative to the Fund benchmark.

Contact Us

For more information please call our toll free number 

800 124 1212