Here’s how Yaqeen 30 Fund’s investments are concentrated

Logo of Yaqeen Capital

Yaqeen Capital announced the components of the Yaqeen Saudi Equity ETF (Yaqeen 30) basket by the close of trading on June 30.

 

The fund has diversified investments in companies with different ratios. Its investments were highly concentrated in large companies, such as  Saudi Aramco, Al Rajhi Bank and Saudi Basic Industries Corp. (SABIC), as the following table shows:

 

Yaqeen 30 Top 10 Investments by end of H1 2023

 

Company

Company’s Weight in the Fund

Aramco

27.9%

Al Rajhi Bank

19.5%

SABIC

5.6 %

stc

4.9%

ACWA Power

3.7%

Alinma

3.6%

Maaden

3.5%

Albilad

2.5%

Almarai

2.3%

SABIC Agri-Nutrients

2.1%
     

The fund’s net asset value (NAV) came in at SAR 49.7 million, with the total number of units reaching 1.02 million. The unit price reached SAR 48.5 by the close of trading on June 30.

 

Fund Profile

Unit Price

SAR 48.5

Net Asset Value (NAV) (SAR mln)

49.7

Total No. of Units (mln)

1.02

 

Fund’s Annual Return

Annual Return

2020

2021

2022

As of June 30

Fund

6.99%

34.39%

-5.80%

8.85%

Benchmark

5.51%

33.04%

-5.23%

7.77%

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