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 April 18.

The list of components reflects the fund’s diversified investments in companies with different percentages. 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:

Fund Investments as of April 18
Company Name	Volume (Shares)	Share Price (Close as of April 17)	Value (SAR mln)
Aramco	408,934	34.70	14.2
Al Rajhi	125,091	76.5	9.6
SABIC	28,782	92.00	2.6
ACWA Power	12,177	156.0	1.90
Alinma Bank	57,564	32.1	1.85
Maaden	25,830	69.1	1.78
stc	34,235	42.55	1.46
Almarai	20,131	57.2	1.15
Bank Albilad	28,864	41.7	1.20
Etihad Etisalat	22,222	43.7	0.97
SABIC Agri-Nutrients	7,585	128.4	0.97
Sipchem	22,632	39.9	0.90
Jabal Omar	36,900	22.9	0.85
Saudi Electricity	34,235	23.86	0.82
Sulaiman Al Habib	2,706	278.0	0.75
Jarir	3,608	168.0	0.61
Dar Al Arkan	34,522	15.88	0.55
SRMG	2,542	210.0	0.53
Savola	17,015	31.1	0.53
Mouwasat	2,091	245.2	0.51
SIIG	19,639	25.9	0.51
Bank AlJazira	26,117	19.5	0.50
Bupa	2,706	177.0	0.48
Saudi Kayan	31,201	12.9	0.40
Makkah Construction	5,289	73.4	0.39
Bahri	12,177	31.85	0.39
Elm	861	436.8	0.38
Advanced	7,954	47.9	0.38
Yansab	8,815	43.5	0.38
Americana	91,512	3.91	0.35

The fund’s net asset value (NAV) amounted to SAR 46.7 million, with the total number of units reaching 1.02 million. The unit price reached SAR 47.8 by the close of trading on April 17 and the highest price was recorded in mid-April 2022 at SAR 70.

Fund’s Profile
Unit Price (Close of April 17)	SAR 47
Net Asset Value (NAV) (SAR mln)	46.7
Total No. of Units (mln)	1.02

The fund reported returns of 2.34% as of March 31, 2023, as shown in the following table:

Fund’s Annual Return
Annual Return	2020	2021	2022	As on March 2023
Fund	6.99%	34.39%	(5.8%)	2.3 %
Benchmark	5.51%	33.04%	(5.23%)	1.67 %

PIF Investments

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