Securities

HSBC Saudi Arabia Announces Change in Board of Directors of Funds

Date: 30 Shaban 1441H

Corresponding to 24 April 2020G

 

HSBC Saudi Arabia Announcement on Change of Funds’ Board Membership

 

Dear Valued Customer,

 

 

HSBC Saudi Arabia announces a change in the Board Membership for the funds mentioned below by appointing Ms. Areej Abdulaziz Al-Mokbel as a new Independent Fund Board Member with effect from 16/07/1441H corresponding to 11/03/2020G. The amended structure of the Funds’ Board Members will be as follows:

 

 

Fund Name

Previous Board Members

New Board Members

 

  1. HSBC Saudi Equity Income Fund
  2. HSBC Saudi Companies Equity Fund
  3. HSBC Saudi Industrial Companies Equity Fund
  4. HSBC Saudi Construction and Cement Equity Fund
  5. HSBC Saudi Freestyle Equity Fund
  6. HSBC GCC Equity Fund
  7. HSBC GCC Equity Income Fund
  8. HSBC China and India Equity Freestyle Fund
  9. HSBC Global Emerging Markets Equity Fund
  10. HSBC Global Equity Index Fund
  11. HSBC Sukuk Fund
  12. HSBC Multi-Assets Defensive Fund
  13. HSBC Multi-Assets Balanced Fund
  14. HSBC Multi-Assets Growth Fund
  15. HSBC MSCI Tadawul 30 Saudi ETF
  16. HSBC Saudi Riyal Murabaha Fund
  17. HSBC US Dollar Murabaha Fund

 

  1. Daniel Lima (Chairman)
  2. Haitham Fahad Al – Rashed (Non-Independent Member)
  3. Ali Saleh Al Othaim (Independent Member)
  4. Tariq Saad Altuwaijri (Independent Member)
  5. Abdulrahman Ibrahim Almudemegh (Independent Member)

 

 

  1. Daniel Lima (Chairman)
  2. Haitham Fahad Al – Rashed (Non-Independent Member)
  3. Areej Abdulaziz Al-Mokbel (Non-Independent Member)
  4. Ali Saleh Al Othaim (Independent Member)
  5. Tariq Saad Altuwaijri (Independent Member)
  6. Abdulrahman Ibrahim Almudemegh (Independent Member)

 

 

  1. HSBC Saudi Equity Fund
  2. HSBC Saudi Financial Institutions Equity Fund

 

 

  1. Daniel Lima (Chairman)
  2. Ali Saleh Al Othaim (Independent Member)
  3. Tariq Saad Altuwaijri (Independent Member)
  4. Abdulrahman Ibrahim Almudemegh (Independent Member)

 

 

  1. Daniel Lima (Chairman)
  2. Areej Abdulaziz Al-Mokbel (Non-Independent Member)
  3. Ali Saleh Al Othaim (Independent Member)
  4. Tariq Saad Altuwaijri (Independent Member)
  5. Abdulrahman Ibrahim Almudemegh (Independent Member)

 

 

Sincerely,

HSBC Saudi Arabia