Security Center
ATM & Branches
|
Wealth Management
Low Limit Credit Cards
Debit Cards
Prepaid Card
ICSAB+
Finance
Help & Support
Help & Support
Tools & Resources
Ways to Bank
Help & Support
ESG at SAB
Security
How can we help?
Filter
Looks like we don’t have any matches for
Try a different search term or check out some of our suggestions below.
Frequently Asked Questions
Have questions about SAB banking services? Let us help you with these frequently asked questions.
FAQS
Customer Service
Our friendly Customer Support team are on hand to help with any queries you have. We're here to help!
Contact UsQuick Links
Filters
February 2011
HSBC Saudi Arabia Limited, 40% owned by the Saudi British Bank - SABB, has won the MENA Fund Manager Awards for the Fund of Funds of the Year for its HSBC Amanah Multi Assets Growth Fund and the Sector Fund of the Year for its HSBC Amanah Saudi Industrial Companies Fund. Both awards were received based on the Funds’ performance in the year 2010.
The HSBC Amanah Multi Assets Growth Fund (AGP) is an open ended Investment Fund which aims to achieve, over the long-term, capital growth through exposure to a diversified selection of global, emerging, regional and local equity markets funds. The fund also invests in Shariah-compliant money market and fixed income funds.
The HSBC Amanah Multi Assets Growth Fund achieved a return of 8.88% during 2010 while its two years cumulative return was 38.41%.
The HSBC Amanah Saudi Industrial Companies Fund is also an open-ended investment fund with the aim to achieve, over the long-term, capital growth by investing in a diversified portfolio of Shariah-compliant equities of industrial companies listed on the Saudi stock market.
The Fund’s one year return was 17.58% while its two years cumulative return was 72.57% as at 31 December 2010.
Osamah M. Shaker, Managing Director & Head of Investments, commented: “These awards are further recognition of our continuing commitment to maintaining the excellent performance of our investment funds. We combine our local market knowledge with HSBC’s global investment expertise to deliver optimal investment solutions to our clients, and our product range is geared to ensure that investors with different risk profiles are able to select a fund that matches their investment needs.”
Your are now leaving this site
Your are now leaving this site
You are about to leave this site. You are being redirected to an external site. Would you like to leave this site?
© SAB, Saudi Arabia. All Rights Reserved, 2024
Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.