HSBC Saudi Arabia Limited, Saudi Arabia -

Asset Management

HSBC Amanah GCC Equity Fund

HSBC Amanah GCC Equity Fund is a Shariah-compliant, actively managed, open-ended equity investment fund sponsored by HSBC. The Fund will seek long-term returns from capital growth through investment in Shariah-compliant equities listed on the Saudi Stock Exchange and shares available to foreign investors on the UAE, Kuwait, Qatar, Oman and Bahrain stock exchanges.

Objective

HSBC Amanah GCC Equity Fund strives to provide medium to long-term capital growth through the investment in GCC equity markets that include Saudi Arabia, UAE, Kuwait, Qatar, Oman and Bahrain. The Fund will invest in equities that conform to Shariah Guidelines as set by the Shariah Supervisory Committee of HSBC.

Geographic Allocation (based on Market Capitalization)

Saudi being the largest in the GCC market comprises almost 63% of the total regional allocation.

Key Features

Fund Manager	HSBC Asset Management
Type	Open-ended
Currency	SAR
Minimum initial Subscription	SAR 5,000
Minimum Additional Subscription	SAR 2,500
Valuation day	Monday & Wednesday
Cut off Time	Befor Close of Business on Sunday and Tuesday for Monday and Wednesday Valuation respectively.
Subscription Fee	3.00%
Management Fee	2.00% per annum
Launch Price	SAR10