List of Mutual Funds in Saudi Arabia

Saudi Arabia is the one of the country in the world which produces and exports the petrol at large scale. Due to this, its per capita income is the largest in the world. It is estimated that every person will earn more than $ 33000 in 2020. Now, it is also growing in the construction, real estate and other areas. So, many important mutual funds are created in Saudi Arabia in which people can invest their money can get good return. Following is its list:

1st Mutual Fund - Al Emaar Fund

Al Emaar Fund is an open-end fund incorporated in Saudi Arabia. The Fund aims to achieve long-term capital growth. The Fund will invest primarily in stocks of listed Saudi companies engaged in building, construction, real estate and cement, in addition to other companies related to these sectors. The Fund also invests partially in stocks of Gulf companies and are compliant with Shariah.

2nd Mutual Fund - Amanah Balanced Portfolio Fund

HSBC Amanah Multi-Assets Growth Fund is an open-ended collective investment scheme, approved by the Shariah Supervisory Committee of the Fund. The Fund began accepting subscriptions on December 28, 200 4. The price of Fund Units is denominated in Saudi Riyals (SAR). If payment for Units is made in a currency other than the denominated currency of the Fund, the payment will be converted to the denominated currency of the Fund by the Manager at the prevailing exchange rate and the purchase will become effective upon realization of the Funds in the denominated currency and based on the forward Unit price. The HSBC Amanah Multi-Assets Growth Fund is an open-ended Investment Fund with the aim to achieve, over the
medium to long-term, mainly capital growth with major exposure to Equity Markets by diversely investing in equity Funds that invest in the local, regional, and Global Equity Markets, as well as investing in Funds that invest in the debt markets and the Money Markets. The Fund Managers has the discretion to invest up to 10% of the Fund in other investments, that adhere to Shariah principles as advised by the SSC of the Fund. The Fund is an income accumulation Fund whereby its income will be reinvested and not distributed to the Unit Holders. The reinvestment of the Fund’s income will be reflected in the value and price of the Units.


3rd Mutual Fund - NCBC

Depending on your goals, needs, risk tolerance and investment philosophy, NCBC offers  a wide range of Investment Services to suit your individual needs. It provides comprehensive solutions for your investment needs today as well as in the future. It is Saudi Arabia's first and most successful provider of mutual funds and are also a world leader in the rapidly growing area of Islamic Shariah compliant mutual funds.


4th Mutual Fund -Al Danah GCC equity trdg fund

To provide long-term capital growth by principally investing in the GCC stock market countries excluding Saudi Arabia. The fund may also take some exposure not more than 10% through funds in the Middle East and North Africa in accordance to Islamic Sharee'a .

5th Mutual Fund - HSBC Amanah Saudi Freestyle Equity Fund

This mutual fund has been made for following purpose

• Providing a wide range of superior investment banking services and products,
• Leading the transformation of the Saudi Stock market,
• Be the preferred choice for Corporate Financing Services (Initial Public offerings, M&A and Private Placements),
• Being the leader in Debt Finance & Advisory,
• Providing quality service and best investment advice, and
• Providing innovative Islamic Shariah Complaint (Amanah) solutions.

HSBC Amanah Saudi Freestyle Equity fund is an open-ended fund domiciled in the Kingdom of Saudi Arabia , regulated by the Capital Market Authority of Saudi Arabia (CMA).