The fund aims to provide long-term capital growth through the investment in proxy sector to the market. The Fund will invest in equities that comply with Shariah guidelines as set by the funds Shariah Supervisory Committee. The fund is actively managed by investing in shares of industrial companies Compliant with legal standards as defined by the Shariah Board of the Fund and included in the financial market Saudi Arabia in the following sectors: industries, petrochemicals and construction and industrial, agriculture and food industries investment.
Alawwal Inv Saudi Industrial Companies Equity Fund
Latest Price NAV
USD
3.42
as of
11/Sep/23
Objective
Key Facts
Launch Date :
31/Mar/05
Asset Type :
EquityBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
28.06
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
16.44
5 Yrs Performance
8.46
10 Yrs Performance
3.52
Top Holdings
1.
Saudi Arabian Oil CO
18.19
%
2.
Saudi Basic Industries
10.03
%
3.
Saudi Arabian Mining
10.02
%
4.
Sahara International Petrochemical
9.5
%
5.
Bawan Co
8.79
%
6.
Sabic Agri-Nutrients Co
7.67
%
7.
Saudi Ceramic
5.37
%
8.
Almarai
4.07
%
9.
Advanced Petrochemicals
3.79
%
10.
Savola Al-Azazia United
3.13
%
Portfolio Composition
1.
Saudi
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.7
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
2
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
HSBC Saudi Arabi
Website :
http://www.hsbcsaudi.com