Assets of Saudi investment funds jump 31% to SAR 209.7 bln in 2020

The total value of assets held by investment funds in Saudi Arabia jumped 31% to SAR 209.7 billion – the highest ever – in 2020, compared to SAR 159.96 billion in 2019, data issued by the Saudi Central Bank (SAMA) showed.

This increase was driven by a 12% rise in assets held by local investment funds, which represent 71% of total assets, to SAR 149.6 billion. Assets of foreign funds soared 127% to SAR 60.2 billion.

Investment funds are divided into two types, open-end and closed-end. Total assets of open-end funds stood at nearly SAR 180.8 billion, or 86% of total assets, while the assets of closed-end funds valued at approximately SAR 28.9 billion.

Investment funds hold local and foreign assets, which further include shares, bonds, cash instruments and realty investments.

Mutual Funds (SAR bln)
Period	Local Assets	Foreign Assets	Total	Annual Variation
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%

The number of investment funds increased to 254 in 2020, compared to 253 in 2019.

No. of Mutual Funds Since 2005
Period	Operating Funds	Variation
2005	199	+11
2006	214	+15
2007	252	+38
2008	262	+10
2009	244	(18)
2010	243	(1)
2011	249	+6
2012	240	(9)
2013	236	(4)
2014	252	+16
2015	270	+18
2016	275	+5
2017	273	(2)
2018	249	(24)
2019	253	+4
2020	254	+1

The number of subscribers to Saudi investment funds went up by 29,200 to approximately 358,900 in 2020, compared to 2019.

No. of Subscribers since 2005
Period	No. of Subscribers	Variation
2005	568284	+369927
2006	499968	(68316)
2007	426085	(73883)
2008	374975	(51110)
2009	356331	(18644)
2010	320415	(35916)
2011	293905	(26510)
2012	275624	(18281)
2013	258110	(17514)
2014	246031	(12079)
2015	236977	(9054)
2016	224411	(12566)
2017	238445	+14034
2018	332567	+94122
2019	329739	(2828)
2020	358894	+29155

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