How did Albilad MSCI US Tech fare in Q1 2023?

11/04/2023 Argaam
Logo ofAlbilad MSCI US Tech Fund

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.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.