SAB Invest Saudi Quant ETF (9402.SR) SAU

Currency In SAR

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SAB Invest Saudi Quant ETF

Address

The Headquarters Business Park 26th Floor

Jeddah, Makkah Province 21582

Saudi Arabia

Phone

966 (0) 12 510 5550

Sector

Financial Services

Industry

Asset Management

Employees

178

First IPO Date

June 14, 2016

Key Executives

N/A
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Description

This open-ended, publicly traded investment vehicle functions as an index fund, aiming to generate long-term capital appreciation for investors. Its primary goal is to closely mirror the performance of the Standard & Poor's Saudi Domestic Equity Index (specifically its Shariah-compliant Total Return version), with any deviation from the benchmark (tracking error) strictly capped at 3.00%.

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