Logo of Albilad MSCI US Tech Fund
Albilad MSCI US Tech Fund highlighted its performance during the first quarter of 2023, with a return of 13.4% during the three-month period.
|
Fund Performance in First 3 Months |
|
|
Launch Date |
Jan. 23, 2023 |
|
Fund Volume |
SAR 9.07 mln |
|
Return in 3 Months |
13.42% |
According to its prospectus, the fund indicated that its investments were focused on Microsoft whose weight reached 18.59%, followed by Nvidia (8.3%) and Tesla (5.75%), as follows:
|
Fund's Top 10 Investments at end of Q1 2023 |
|
|
Company |
Company Weight |
|
Microsoft |
18.59% |
|
Nvidia |
8.30% |
|
Tesla |
5.75% |
|
Johnson & Johnson |
4.51% |
|
Thermo Fisher |
4.16% |
|
Abbott Laboratories |
3.48% |
|
Adobe |
2.51% |
|
Danaher |
2.47% |
|
Accenture |
2.25% |
|
Intel |
2.01% |
The fund was launched early this year at SAR 10 per unit. The unit price reached SAR 11.14 today, April 11.
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