Assets of Saudi investment funds grow 8% to SAR 227.2 bln in 2021, subscribers surpass 500,000

24/03/2022 Argaam Special

Saudi Arabian banknotes


The total value of assets held by investment funds in Saudi Arabia grew by 8% to SAR 227.2 billion in 2021, compared to SAR 209.7 billion a year earlier, data issued by the Saudi Central Bank (SAMA) showed.

 

The increase was spurred by a 32% rise year-on-year (YoY) in foreign assets to SAR 79.5 billion. On the other hand, local fund assets – which represent 65% of total assets – edged down 1% to SAR 147.7 billion, while assets of closed-end funds reached around SAR 29.3 billion.

 

Assets held by investment funds include local and foreign stocks, bonds, real estate investments among others.

 

Investment Fund Assets (SAR bln)

Period

Local assets

Foreign assets

Total

YoY change

2005

115.66

21.31

136.97

+127%

2006

61.34

22.76

84.11

(39%)

2007

79.89

25.21

105.10

+25%

2008

61.26

13.55

74.81

(29%)

2009

74.14

15.41

89.55

+20%

2010

74.44

20.30

94.74

+6%

2011

64.53

17.66

82.19

(13%)

2012

69.81

18.26

88.07

+7%

2013

81.86

21.32

103.18

+17%

2014

81.87

28.84

110.71

+7%

2015

75.92

26.98

102.90

(7%)

2016

70.66

17.18

87.84

(15%)

2017

91.15

19.09

110.23

+25%

2018

93.65

18.21

111.86

+1%

2019

133.44

26.52

159.96

+43%

2020

149.56

60.16

209.72

+31%

2021

147.69

79.48

227.17

+8%

 
 
 

The number of investment funds operating in the Kingdom stood at 256 in 2021, up from 254 in 2020.

 

Number of Investment Funds since 2005

Change

No. of Operating Funds

Period

+11

199

2005

+15

214

2006

+38

252

2007

+10

262

2008

(18)

244

2009

(1)

243

2010

+6

249

2011

(9)

240

2012

(4)

236

2013

+16

252

2014

+18

270

2015

+5

275

2016

(2)

273

2017

(24)

249

2018

+4

253

2019

+1

254

2020

+2

256

2021

 

The number of subscribers increased by 170,400 to its highest level in 16 years at 529,300 by the end of 2021, when compared to 2020.

 

  Number of Subscribers Since 2005

Change

No. of Subscribers 

Period

369927+

568284

2005

(68316)

499968

2006

(73883)

426085

2007

(51110)

374975

2008

(18644)

356331

2009

(35916)

320415

2010

(26510)

293905

2011

(18281)

275624

2012

(17514)

258110

2013

(12079)

246031

2014

(9054)

236977

2015

(12566)

224411

2016

14034+

238445

2017

94122+

332567

2018

(2828)

329739

2019

29155+

358894

2020

170418+

529312

2021

 

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