Current Unit Price (14/04/2013) 7.19
Change Since Previous close -0.04
Previous close (13/04/2013) 7.24
1 Year High (21/04/2012) 7.49
1 Year Low (27/11/2012) 6.54


1 Month Return(%) 2.70

6 Month Return(%) 7.67

1 Year Return(%) -2.08

3 Year Return(%) 4.11
Currency: SAR Management Fee: 1.3%
Category: Stock Local Sub Category: -
Date of Inception: 11/12/2007 Price at Inception: 10
Classification: Income 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: 25,000,000 Fund Benchmark: Saudi Stock Index

Fund Objective:
The Fund is an open-ended investment fund with the aim of achieving, over the medium to long term, capital growth by investing in a portfolio of equities of selected companies listed on the Saudi Equity Market and corresponding to the constituents of the HSBC Saudi Equity Index.

Investment Policy:
The Fund Manager may choose to invest any excess cash of the Fund in short-term money market instruments to improve the Fund performance. The Fund is an income accumulation fund whereby the income of the Fund will be reinvested in the Fund and not distributed to the Subscribers. Thus, the reinvestment of the Fund's income will be reflected in the value and price of the Units of the Fund. Similarly, distributions of securities on the underlying shareholdings of the Fund will be added to the assets of the Fund for the benefit of Subscribers.

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 39.4%
Banks & Financial Services 25.1%
Telecom & IT 10.5%
Energy & Utilities 4.8%
Cement 4.3%
Agriculture & Food Industries 4%
Industrial Investment 3.7%
Real Estate Development 3.5%
Building & Construction 1.2%
Retail 1.2%
Insurance 0.9%
Cash 0.8%
Transport 0.6%
Multi-Investment 0.2%

Major Investments
Al Rajhi Bank 8.28%
Saudi Telecom Co. 6.04%
Saudi Arabian Fertilizers Co. 5.36%
Saudi Electricity Co. 4.80%
Saudi Basic Industries Corp. 27.85%


Fund Manager's Contact Information:
City: Riyadh Website:
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
HSBC Saudi Financial Institutions Equity Fund Stock Local - 14.81 14/08/2017 27.35%
HSBC Saudi Freestyle Equity Fund Stock Local Shari'ah Compliant 16.41 14/08/2017 11.72%
HSBC Sukuk Fund Bonds Intl Shari'ah Compliant 9.9 15/08/2017 -0.87%
HSBC GCC Equity Income Fund Stock ARAB Shari'ah Compliant 10.36 14/08/2017 -3.27%
HSBC Multi Assets Balanced Fund Balanced Local Shari'ah Compliant 15.85 14/08/2017 6.41%
HSBC Multi Assets Defensive Fund Balanced Local Shari'ah Compliant 14.1 14/08/2017 3.76%
HSBC Multi Assets Growth Fund Balanced Local Shari'ah Compliant 16.49 14/08/2017 10.15%
HSBC GCC Equity Fund Stock ARAB Shari'ah Compliant 13.04 14/08/2017 9.07%
HSBC Global Equity Index Fund Stock Intl Shari'ah Compliant 21.94 15/08/2017 11.89%
HSBC China and India Equity Freestyle Fund Stock Intl - 27.13 14/08/2017 28.26%
HSBC Global Emerging Markets Equity Fund Stock Intl Shari'ah Compliant 9.27 15/08/2017 18.57%
HSBC Saudi Companies Equity Fund Stock Local Shari'ah Compliant 22.99 14/08/2017 11.6%
HSBC Saudi Industrial Companies Equity Fund Stock Local Shari'ah Compliant 7.79 14/08/2017 12.07%
HSBC Saudi Construction and Cement Companies Equity Fund Stock Local - 4.82 15/08/2017 -20.39%
HSBC Saudi Petrochemical Equity Opportunities Fund Stock Local - 8.12 15/08/2017 19.07%
HSBC Saudi Equity Fund Stock Local - 133.95 14/08/2017 16.84%
HSBC Saudi Equity Income Fund Stock Local - 92.2 14/08/2017 3.79%
HSBC US Dollar Murabaha Fund Trade Finance Intl Shari'ah Compliant 14.4 15/08/2017 0.6%
HSBC Saudi Riyal Murabaha Fund Trade Finance Local Shari'ah Compliant 15.48 15/08/2017 1.68%
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