Amanah Saudi Equity Fund – HSBC SAUDI ARABIA LIMITED


Current Unit Price (17/06/2013) 23.80
Change Since Previous close -0.44
Previous close (12/06/2013) 24.24
1 Year High (05/06/2013) 24.40
1 Year Low (27/06/2012) 18.56


Returns:

1 Month Return(%) 4.19

6 Month Return(%) 17.59

1 Year Return(%) 25.54

3 Year Return(%) 47.59
Currency: SAR Management Fee: 1.5%
Category: Stock Local Sub Category: Shari'ah Compliant
Date of Inception: 01/05/2004 Price at Inception: 10
Classification: Growth Minimum Initial subscription: 5,000
Additional Subscription: 2,500 Portfolio Type: Open Ended
Listing/Registration: Kingdom of Saudi Arabia Risk: High
Subscription deadline: - Redemption deadline: -
Valuation Date: Bi-Weekly Announced on: Sat. & Tue.
Fund Assets: 3,052,000,000 Fund Benchmark: Saudi Stock Index

Fund Objective:
To provide medium to long term equity linked growth.
Investment Policy:
The Fund invests in the shares of Saudi publicly quoted companies.
Fund Manager's Comments:
TASI has sustained its gains for the second month in a row, and close at 6,710.56 points, which is 2.25% higher than the previous month. Thus, Market performance YTD has recorded 1.36% positive return. The strong and healthy first quarter results of 2011 for the Saudi banks, petrochemical and retail companies' earnings along with the steadiness of oil prices above the USD 100/barrel level, have led to the upward performance in TASI during this month. Market sectors have witnessed mixed performance during the month where the best performer sectors were the Retail and Insurance which soared by 11.91% and 10.99% respectively while the worst performer sectors were Transport sector and Bank & financial services which declined by 5.55% and 1.57% compare to the previous month. Trading activity rose slightly in April by 3.0% higher value than the previous month.

Sectors' Diversification
Petrochemical Industries 33.3%
Banks & Financial Services 13.2%
Cement 11.4%
Building & Construction 8.5%
Telecom & IT 7.8%
Agriculture & Food Industries 7.8%
Industrial Investment 6.4%
Real Estate Development 5%
Retail 4.5%
Energy & Utilities 1.4%
Media and Publishing 0.4%
Cash 0.2%
Transport 0%

Major Investments
Etihad Etisalat 6.98%
Saudi Arabian Fertilizers Co. 4.98%
Saudi Cement Co. 4.28%
SABIC 26.52%
Al Rajhi Bank 11.98%

 


Fund Manager's Contact Information:
City: Riyadh Website: www.hsbcsaudi.com
Address: North Olaya Street - Al Morooj Area Email: mfdsaudi@hsbc.com
P.O. Box: 9084 Telex: -
Postal Code: 11413 Telephone: 0096612992355
Fax: 0096612992373 Mobile: -
Note: All funds facts are updated continuously, however, it's strongly recommended to revert to the respective fund manager for the latest information before making any investment decision.

Mutual Funds (Funds managed under HSBC SAUDI ARABIA LIMITED )

Fund Name Category Sub Category Last Unit Price Valuation Date One year change
Amanah Balanced Portfolio Balanced Local Shari'ah Compliant 13.94 17/06/2013 10.99%
Amanah Defensive Portfolio Balanced Local Shari'ah Compliant 13.02 17/06/2013 6.15%
Amanah Growth Portfolio Balanced Local Shari'ah Compliant 14.9 17/06/2013 19.21%
HSBC Amanah GCC Equity Fund Stock ARAB Shari'ah Compliant 11.56 17/06/2013 38.5%
Amanah Global Equity Index Fund Stock Intl Shari'ah Compliant 15.68 18/06/2013 19.44%
HSBC AMANAH CHINA & INDIA EQUITY FREESTYLE FUND Stock Intl - 16.04 17/06/2013 6.65%
HSBC Amanah Global Emaerging Markets Equity Fund Stock Intl Shari'ah Compliant 7.78 18/06/2013 1.29%
Amanah Saudi Equity Fund Stock Local Shari'ah Compliant 23.8 17/06/2013 25.54%
Amanah Saudi Industrial Companies Fund Stock Local Shari'ah Compliant 8.92 17/06/2013 16.55%
HSBC Saudi Construction and Cement Stock Local - 7.16 18/06/2013 1.33%
HSBC SAUDI EQUITY INDEX FUND Stock Local - 7.19 14/04/2013 -2.08%
HSBC Saudi Petrochemical Equity Opportunities Fund Stock Local - 7.09 17/06/2013 10.28%
Saudi Equity Fund Stock Local - 115.73 17/06/2013 27.28%
Saudi Equity Trading Fund Stock Local - 96.8 17/06/2013 24.2%
Al-Amanah Trading Fund USD Trade Finance Intl Shari'ah Compliant 14.21 18/06/2013 N/A
Al-Amanah Trading Fund SAR Trade Finance Local Shari'ah Compliant 14.79 18/06/2013 0.6%
Financial Institutions Fund Stock Local - 13.42 17/06/2013 9.2%
HSBC Amanah Saudi Freestyle Equity Fund Stock Local Shari'ah Compliant 15.56 17/06/2013 37.61%
HSBC Amanah Commodity Index Fund Money Market Intl Shari'ah Compliant 8.68 12/06/2013 -1.08%
HSBC Amanah Sukuk Fund Bonds Intl Shari'ah Compliant 10.22 18/06/2013 1.21%
HSBC Amanah GCC Equity Income Fund Stock ARAB Shari'ah Compliant 12.52 12/06/2013 N/A
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