‎A survey at top-performing Saudi fairness funds with over SAR 100 mln AUMs in H1 2022

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Tadawul buying and selling display cloak


In this file, Argaam monitored the efficiency of 34, out of nearly 255, native fairness funds that make investments in Saudi equities, and like resources under administration (AUMs) of greater than SAR 100 million in H1 2022.

The native fairness funds demonstrated particular efficiency for the length of the six-month duration, other than Albilad Pure Saudi Equity Fund.

HSBC Saudi Monetary Institutions Equity Fund, which is managed by HSBC Saudi Arabia, used to be the tip performer with a return of 14.3%. The fund targets to create medium- to prolonged-term capital mumble thru primarily investing in shares of Saudi Change (Tadawul)-listed Saudi financial institutions, including banks and financial products and companies suppliers.

Al-Mubarak IPO Fund took the 2nd role, with a return of 13.7%. The fund, managed by ANB Make investments, targets to create prolonged-term capital mumble thru investing in preliminary public offerings (IPOs) of Saudi companies, rights disorders and secondary offerings of already listed companies and newly-listed shares (maximum five years from listing date).

Al-Mubarak Pure Saudi Equity Fund came third, with a return of 11.6%. The fund, managed by ANB Make investments, eyes prolonged-term capital mumble and particular returns thru investing in Shariah-compliant native equities.

High-Performing Funds 300 and sixty five days to Date (As on June 30, 2022)*

Fund

Fund Manager

Accumulate Asset Cost

(SAR mln)

YoY

Alternate

HSBC Saudi Monetary Institutions Equity Fund

HSBC Saudi Arabia

132.83

14.3%

Al-Mubarak IPO Fund

ANB Make investments

108.22

13.7%

Al-Mubarak Pure Saudi Equity Fund

ANB Make investments

275.51

11.6%

HSBC Saudi Equity Fund

HSBC Saudi Arabia

144.84

11.0%

Riyad Saudi Equity Sharia Fund

Riyad Capital

167.60

11.3%

Al-Arabi Saudi Equity Fund

ANB Make investments

154.43

9.7%

SNB Capital Al Musahem Saudi Equity Fund

SNB Capital

750.03

8.6%

Al Ataa Saudi Equity Fund

SNB Capital

100.70

7.6%

Alpha Saudi Equity Fund

Alpha Capital

155.41

7.8%

HSBC Saudi Freestyle Equity Fund

HSBC Saudi Arabia

415.13

7.3%