The Balanced Portfolio Fund was launched on 28 June 2002 with an inception price of SAR 10 and is targeted to clients with average risk/return profile. This Portfolio of funds only invests in SABB Mutual Funds and Cash in different percentages according to the risk/reward assigned level.
Equity Funds: 40-80% (Local Equity Funds + International Equity Funds)
Bond Funds: 15-55%
Money Market Funds: 0-10%
To seek returns in excess of Deposits with emphasis on capital preservation (capital is not guaranteed).
|
Fund Manager |
HSBC Saudi Arabia Limited |
|
Fund Type |
Open Ended |
|
Base Currency of the Fund |
Saudi Riyal |
|
Minimum Initial Subscription |
SAR 50,000 |
|
Minimum Additional Subscription |
SAR 7,500 |
|
Regular Monthly Subscription |
SAR 5,000 |
|
Valuation |
Monthly Every 2nd Saturday |
|
Cut Off time |
Monthly 3 Days prior to valuation day |
|
Redemption Payout |
2 days after valuation day |
|
Unit price at inception |
SAR 10 |
|
Launch Date |
28 June 2002 |
For more information please call our toll free number
800 124 5557
