SAB Invest Saudi Freestyle Equity Fund performance reached 34%, and SAB Invest achieved highest growth in assets under management

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SAB Invest Saudi Freestyle Equity Fund managed by SAB Invest achieved the highest return since the beginning of 2023, compared to the rest of the investment funds managed by SAB Invest, year to date performance (as of end August 2023) reached 34.2%, compared to about 14.3% for the average local equity category for the rest of the funds within the Saudi market.

The fund aims to achieve long-term capital growth by investing in shares of listed companies and IPOs that are in compliance with the provisions of Islamic Sharia.

It was followed in the ranking by SAB Invest Saudi Equity Income Fund, achieving return of 32.8% since the beginning of 2023. It is worth noting that the fund’s return includes a cash distribution of 3.5 riyals per unit distributed to unit holders for semi-annual period until March 2023.

SAB Invest also achieved the highest growth rate in assets under management, recording 35% increase between the period of the end of the year 2022 and second quarter of 2023 reaching assets under management valued at 21 billion riyals, according to the quarterly bulletin of the Capital Market Authority.

Details of AUM for the 10 largest Saudi financial institutions – SAR Millions
Top 10 institutions assets under management	2022	Q2 2023	Change
SAB Invest	15,503	20,924	35%
Albilad Invstment	13,870	18,344	32%
Jadwa Investment	48,462	57,059	18%
Al Rajhi Capital	52,651	60,692	15%
Al-Khair Capital	17,208	19,354	12%
Alinma Investment	63,367	70,868	12%
SNB Capital	249,315	271,218	9%
Alistithmar for Financial Securities and Brokerage	25,169	27,366	9%
Riyad Capital	79,860	83,954	5%
ANB Capital	16,384	17,210	5%
Saudi Fransi Capital	24,419	25,269	3%

SAB Invest manages 25 open-ended investment funds in addition to a number of other private funds.

Local and GCC Equity Funds	YTD Performance as of end AUG 2023	3 Years Performance as of end AUG 2023
SAB Invest Saudi Freestyle Equity Fund	34.20%	133.72%
SAB Invest Saudi Equity Income Fund	32.80%	85.89%
Al Yusr Saudi Equity Fund	32.40%	94.72%
SAB Invest GCC Equity Fund	32.20%	120.69%
SAB Invest Saudi Companies Equity Fund	31.90%	116.47%
SAB Invest GCC Equity Income Fund	31.70%	95.31%
Saudi Equity Fund	27.70%	89.30%
SAB Invest Saudi Equity Fund	27.30%	109.85%
GCC Equity Fund	26.90%	85.38%
SAB Invest Saudi Industrial Companies Equity Fund	21.40%	57.92%
SAB Invest Saudi Construction and Cement Companies Equity Fund	8.90%	12.89%
SAB Invest MSCI Tadawul 30 Saudi ETF	3.70%	47.59%
SAB Invest Saudi Financial Institutions Equity Fund	(1.40%)	65.83%
Saudi Financial Institutions Equity Fund	(1.80%)	59.58%

Multi Asset Funds	YTD Performance as of end AUG 2023	3 Years Performance as of end AUG 2023
SAB Invest Multi Assets Growth Fund	21.50%	56.96%
SAB Invest Multi Assets Balanced Fund	14.90%	40.89%
SAB Invest Multi Assets Defensive Fund	8.70%	23.28%

Money Market and Fixed Income Funds	YTD Performance as of end AUG 2023	3 Years Performance as of end AUG 2023
Saudi Riyal Money Market Fund	3.30%	5.96%
SAB Invest Saudi Riyal Murabaha Fund	3.30%	5.52%
Al Yusr SAR Morabaha Fund	3.20%	5.34%
SAB Invest US Dollar Murabaha Fund	3.00%	4.58%
Al Yusr Sukuk & Morabaha Fund	2.70%	0.68%
SAB Invest Sukuk Fund	1.80%	(1.14%)

Global Equity Funds	YTD Performance as of end AUG 2023	3 Years Performance as of end AUG 2023
SAB Invest Global Equity Index Fund	25.70%	22.26%
SAB Invest China and India Equity Freestyle Fund	(5.90%)	(20.09%)

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