The fund seeks to achieve capital growth in the medium to long term with emphasis on capital preservation (capital is not guaranteed) and limited exposure to equity markets. The fund invests in a range of shariah compliant investment funds such as trade finance, sukuk fund, local equity, international equity as well as direct investments in order to achieve its objective. The fund is a low to medium risk portfolio that mainly invests a high percentage of its assets in Murabaha trade finance funds/Sukuk Fund and a small percentage is allocated to shariah compliant equity funds. Equity exposure is restricted to 30%.
HSBC Multi-Assets Defensive Fund
Latest Price NAV
USD
5.18
as of
11/Sep/23
Objective
Key Facts
Launch Date :
28/Dec/04
Asset Type :
Mixed AssetsBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
45.23
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
7.22
5 Yrs Performance
5.90
10 Yrs Performance
4.09
Top Holdings
1.
HSBC Saudi Riyal Murabaha Fund
49.76
%
2.
HSBC Sukuk Fund
12.35
%
3.
HSBC Saudi Companies Equity Fund
9.22
%
4.
HSBC Global Equity Index Fund
6
%
5.
HSBC USD Murabaha Fund
5.58
%
6.
HSBC GCC Equity Fund GCF
5.51
%
7.
Nahdi Medical Co
2.81
%
8.
Enhanced Murabaha Fund
2.48
%
9.
Alahli Emerging Markets Index Fund
2.38
%
Portfolio Composition
1.
Saudi
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.45
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