HSBC Saudi Arabia Wins the Best Investment Fund Award for the year 2021

Logo HSBC Saudi Arabia

In a new achievement, HSBC Saudi Arabia wins Best Investment Fund Award for its sectorial fund "HSBC Financial Institutions Fund" as it has topped the list of the highest-performing funds for 2021 in the category of large funds whose AUMs exceeded 100 million riyals. The fund is also recognized as top performing fund over a period of 5 years. This comes through the awards announced by Argaam Financial Portal.

Argaam is a pioneer and is considered the primary source to media and public for financial news. They are known for motivating fund managers by honoring their success. Argaam considers transparent and objective standards that track the actual performance of investment funds.

HSBC Saudi Arabia owns a variety of investment products, it has 18 public investment funds with different investment strategies and sectors, including the financial, industrial, cement and petrochemicals sectors.

Investment funds and discretionary portfolios in HSBC Saudi Arabia are managed by an extensively experienced investment team supported by a highly qualified research team that conducts thorough analysis when selecting and identifying unique investment opportunities.

On this occasion, Ms. Muneera Al Dossary, Head of Asset Management at HSBC Saudi Arabia, said: “On behalf of the team, I would like to thank Argaam Financial Portal for its continuous support to fund managers by recognizing their excellence”. She added “We are proud that our fund is recognized as top performer amongst all the investment funds in the Saudi Exchange Market for the year 2021 according to Argaam. We aspire to further progress while continuing to diversify our products to achieve our investment goals”.

HSBC Saudi Arabia strives for excellence and will continue to develop investment solutions across different asset classes through Mutual Funds and Discretionary Portfolio Management Services in line with the current economic situation of the Kingdom of Saudi Arabia and the objectives of Vision 2030.