HSBC Saudi Construction and Cement – HSBC SAUDI ARABIA LIMITED


Current Unit Price (21/09/2014) 12.17
Change Since Previous close 0.09
Previous close (16/09/2014) 12.08
1 Year High (09/09/2014) 12.28
1 Year Low (17/12/2013) 8.90


Returns:

1 Month Return(%) 2.68

6 Month Return(%) 23.77

1 Year Return(%) 30.23

3 Year Return(%) 105.82
Currency: SAR Management Fee: 1.5%
Category: Stock Local Sub Category: -
Date of Inception: 24/05/2008 Price at Inception: 10
Classification: Income & 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: Daily Announced on: Sat.thru Wed.
Fund Assets: 30,000,000 Fund Benchmark: HSBC Saudi Construction and Cement Equity Index

Fund Objective:
The Fund is an open-ended investment fund which aims to achieve capital growth, over the medium to long term, by investing in a portfolio of selected Saudi construction and cement equities in companies listed on the Saudi Equity Market. These include companies specializing in construction; production and/or merchandising of building materials; that perform and/or merchandise infrastructure projects and materials; and cement companies. The Fund performance will be compared to the SHBC Saudi Construction and Cement Equity Index performance. The Fund Manager may choose to invest excess cash of Fund in short-term money market instruments. The Fund is an income accumulation fund whereby its income will be reinvested and not distributed to the unit holders. The reinvestment of the Fund's income will be reflected in the value and price of the Units.

Investment Policy:
The Fund will follow a balanced investment strategy by investing in a portfolio of selected Saudi construction and cement equities in companies listed on the Saudi Equity Market. The Fund will adhere to the investment guidelines approved by the Board of Directors of the Fund. Depending on market conditions, the Manger may, with the approval of the Board, maintain part of all of the Fund's assets in the form of cash or short-term money market instruments. The Maximum borrowing of the Fund that is intended to cover redemption requests must not exceed (10) Per Cent of its Net Asset Value, except in the case of borrowing from the Fund Manager or an affiliate to meet redemption requests. The fund Manager will segregate and separately identify the securities and other assets of the Fund from those of the Company, the Manager and other Funds, and these will be maintained in well-known and reputable institutions as determined by the Fund Manager.


Sectors' Diversification
Cement 71.5%
Building & Construction 28.4%
Cash 0.1%

Major Investments
Southern Province Cement Co. 9.96%
Arabian Cement Co. Ltd. 7.54%
Yanbu Cement 7.45%
Saudi Cement Co. 16.62%
Yamamah Saudi Cement Co. Ltd. 15.07%

 


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
Amanah Balanced Portfolio Balanced Local Shari'ah Compliant 17.36 17/09/2014 19.36%
Amanah Defensive Portfolio Balanced Local Shari'ah Compliant 14.39 17/09/2014 8.62%
Amanah Growth Portfolio Balanced Local Shari'ah Compliant 20.75 17/09/2014 30.03%
HSBC Amanah GCC Equity Fund Stock ARAB Shari'ah Compliant 20.33 17/09/2014 59.31%
Amanah Global Equity Index Fund Stock Intl Shari'ah Compliant 18.77 18/09/2014 17.1%
HSBC AMANAH CHINA & INDIA EQUITY FREESTYLE FUND Stock Intl - 22.44 18/09/2014 29.27%
HSBC Amanah Global Emaerging Markets Equity Fund Stock Intl Shari'ah Compliant 8.7 18/09/2014 6.71%
Amanah Saudi Equity Fund Stock Local Shari'ah Compliant 38.88 17/09/2014 45.54%
Amanah Saudi Industrial Companies Fund Stock Local Shari'ah Compliant 13.79 17/09/2014 41.75%
HSBC Saudi Construction and Cement Stock Local - 12.17 21/09/2014 30.23%
HSBC Saudi Petrochemical Equity Opportunities Fund Stock Local - 11.12 21/09/2014 45.88%
Saudi Equity Fund Stock Local - 210.52 17/09/2014 64.06%
Saudi Equity Trading Fund Stock Local - 161.63 17/09/2014 49.24%
Al-Amanah Trading Fund USD Trade Finance Intl Shari'ah Compliant 14.23 21/09/2014 N/A
Al-Amanah Trading Fund SAR Trade Finance Local Shari'ah Compliant 14.92 21/09/2014 0.75%
Financial Institutions Fund Stock Local - 20.79 17/09/2014 39.4%
HSBC Amanah Saudi Freestyle Equity Fund Stock Local Shari'ah Compliant 28.33 17/09/2014 63.18%
HSBC Amanah Commodity Index Fund Money Market Intl Shari'ah Compliant 7.81 17/09/2014 -8.42%
HSBC Amanah Sukuk Fund Bonds Intl Shari'ah Compliant 10.24 16/09/2014 1.63%
HSBC Amanah GCC Equity Income Fund Stock ARAB Shari'ah Compliant 17.69 17/09/2014 32.02%
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