Amanah Saudi Industrial Companies Fund – HSBC SAUDI ARABIA LIMITED


Current Unit Price (08/09/2014) 13.87
Change Since Previous close 0.05
Previous close (03/09/2014) 13.82
1 Year High (08/09/2014) 13.87
1 Year Low (09/09/2013) 9.34


Returns:

1 Month Return(%) 5.49

6 Month Return(%) 26.60

1 Year Return(%) 49.12

3 Year Return(%) 88.49
Currency: SAR Management Fee: 1.5%
Category: Stock Local Sub Category: Shari'ah Compliant
Date of Inception: 01/04/2005 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: 270 Fund Benchmark: -

Fund Objective:
To provide medium to long-term capital growth by investing in the Industrial sector companies, listed on the Saudi equity market.

Investment Policy:
The Fund invests in shares of publicly quoted industrial sector companies listed on the Saudi equity market. In addition, the fund will invest excess cash in Commodity Trading Transactions (Murabaha Transactions).

Fund Manager's Comments:
TASI has sustained its gains for the second month in a row, and closed 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. As for the relative sectors' performance, Petrochemical sector up 5.71% Agriculture & Food Industries up 0.45% Multi-Investment up 2.25% Industrial Investment up 6.52% Building & Construction up 1.19%


Sectors' Diversification
Petrochemical Industries 63.5%
Industrial Investment 14.2%
Agriculture & Food Industries 11.8%
Building & Construction 10.1%
Multi-Investment 0.5%
Cash 0%

Major Investments
Saudi Arabian Fertilizers Co. 9.43%
Saudi Arabian Mining Co. 6.19%
Almarai Co. 5.55%
SABIC 47.75%
Saudi Chemical Co. 4.39%

 


Fund Manager's Contact Information:
City: Riyadh Website: www.hsbcsaudi.com
Address: North Olaya Street - Al Morooj Area Email: [email protected]
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
Financial Institutions Fund Stock Local - 21.03 08/09/2014 46.18%
HSBC Amanah Saudi Freestyle Equity Fund Stock Local Shari'ah Compliant 28.01 08/09/2014 70.44%
HSBC Amanah Commodity Index Fund Money Market Intl Shari'ah Compliant 8.06 03/09/2014 -7.43%
HSBC Amanah Sukuk Fund Bonds Intl Shari'ah Compliant 10.25 09/09/2014 1.61%
Amanah Balanced Portfolio Balanced Local Shari'ah Compliant 17.45 08/09/2014 23.1%
Amanah Defensive Portfolio Balanced Local Shari'ah Compliant 14.42 08/09/2014 10.22%
Amanah Growth Portfolio Balanced Local Shari'ah Compliant 20.82 08/09/2014 35.42%
HSBC Amanah GCC Equity Fund Stock ARAB Shari'ah Compliant 20.16 08/09/2014 66.15%
Amanah Global Equity Index Fund Stock Intl Shari'ah Compliant 18.8 09/09/2014 19.89%
HSBC AMANAH CHINA & INDIA EQUITY FREESTYLE FUND Stock Intl - 23.15 08/09/2014 38.67%
HSBC Amanah Global Emaerging Markets Equity Fund Stock Intl Shari'ah Compliant 8.97 09/09/2014 15.04%
Amanah Saudi Equity Fund Stock Local Shari'ah Compliant 38.71 08/09/2014 51.87%
Amanah Saudi Industrial Companies Fund Stock Local Shari'ah Compliant 13.87 08/09/2014 49.12%
HSBC Saudi Construction and Cement Stock Local - 12.28 09/09/2014 38.6%
HSBC Saudi Petrochemical Equity Opportunities Fund Stock Local - 11.33 09/09/2014 54.32%
Saudi Equity Fund Stock Local - 210.05 08/09/2014 71.42%
Saudi Equity Trading Fund Stock Local - 161.34 08/09/2014 56.49%
Al-Amanah Trading Fund USD Trade Finance Intl Shari'ah Compliant 14.23 09/09/2014 N/A
Al-Amanah Trading Fund SAR Trade Finance Local Shari'ah Compliant 14.92 09/09/2014 0.75%
HSBC Amanah GCC Equity Income Fund Stock ARAB Shari'ah Compliant 17.78 08/09/2014 39.43%
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