The fund seeks to achieve capital growth in the medium to long term with emphasis on capital growth. 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 medium risk portfolio that limits equity exposure to 55%.
HSBC Multi-Assets Balanced Fund
Latest Price NAV
USD
7.10
as of
30/Aug/23
Objective
Key Facts
Launch Date :
28/Dec/04
Asset Type :
Mixed AssetsBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
162.89
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
12.11
5 Yrs Performance
9.58
10 Yrs Performance
6.48
Top Holdings
1.
HSBC Saudi Riyal Murabaha Fund
34.18
%
2.
HSBC Saudi Free Style Equity Fund
13.8
%
3.
HSBC Saudi Companies Equity Fund
11.24
%
4.
HSBC GCC Equity Fund GCF
10.79
%
5.
HSBC Global Equity Index Fund
10.74
%
6.
HSBC Sukuk Fund
10.11
%
7.
Alahli Emerging Markets Index Fund
3.77
%
8.
Nahdi Medical Co
2.84
%
9.
Arabian Centres Sukuk Ltd
1.08
%
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