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Investment Banking & Investment Services
Financial
ETF
HSBC Amanah Saudi 20 ETF is a shariah-compliant exchange traded fund launched and managed by HSBC Saudi Arabia Limited. The fund invests in the public equity markets of Saudi Arabia. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies. It seeks to replicate the performance of the HSBC Amanah Saudi 20 Equity Index, by investing in the stocks of companies as per their weightings in the index. The fund does not invest in the stocks of companies whose primary business includes alcohol, conventional financial services, casinos and gambling, pornography, tobacco, pork related products, and weapons. HSBC Amanah Saudi 20 ETF was formed on September 25, 2011 and is domiciled in Saudi Arabia.
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