Assets of Saudi public, private investment funds fall 5% to SAR 526.1 bln in Q2 2022

27/09/2022 Argaam Special

Saudi Arabian banknotes


The total value of assets held by public and private investment funds in Saudi Arabia fell by 5% to SAR 526.1 billion by the end of the second quarter of 2022. 

  

The number of investment funds rose to 839 by the end of the three-month period, the highest on record, including 254 and 585 public and private funds, respectively, according to a report issued by the Capital Market Authority (CMA). 

 

The number of subscribers to Saudi investment funds stood at 675,500 in Q2 2022, up from 517,300 by the end of Q1 2022.

 

The investment funds include a group of securities, selected based on specific criteria that achieve the fund's investment objectives and divided into public and private funds.

 

Profits generated by an investment fund are usually capital gains, which are profits resulting from any improvement or change in prices of invested securities, in addition to dividends, if any.

 

The table below shows details of investment funds by the end of Q2 2022:

 

Investment Funds

Period

Funds

Number of Funds

Number of Subscribers

(000)

Asset Values
(SAR bln)

Q1 2022*

Public

253

508.8

215.7

Private

542

8.5

335.4

Total

795

517.3

551.1

Q2 2022

Public

254

665.8

192.5

Private

585

9.7

333.6

Total

839

675.5

526.1

Change

 

+6%

+31%

(5%)

*Updated data.

 

In terms of investment type, the value of assets held by money markets represented 53% of the total public funds’ assets, with nearly SAR 101.45 billion, as indicated below:

 

Public Funds Arranged by Investment Type (Q2 2022)

Asset Class

Number of Funds

Number of Subscribers

Value of Assets
(SAR bln)

Money Markets

43

34,474

101.45

Debt Instruments

14

2,272

26.93

Equity

125

142,900

24.41

REITs

17

297,326

23.86

Real Estate

6

6,040

7.44

Holding

22

6,722

2.46

Multi-Assets

6

1,984

2.42

ETFs

7

14,248

1.55

CEFs

2

158,065

1.52

Waqf

10

1,277

0.44

Feeder

1

315

0.02

Commodity

1

140

0.01

Total

254

665,763

192.51

 
 

The value of assets held by equity and real estate funds stood at SAR 170.1 billion and SAR 113.2 billion, respectively, accounting for 85% of private funds’ total assets, as follows:

 

Private Funds Arranged by Investment Type (Q2 2022)

Asset Class

Number of Funds

Number of Subscribers

Value of Assets
(SAR bln)

Equity

146

827

170.13

Real Estate

198

4,238

113.18

Private Equity

106

2,617

18.20

Multi-Assets

81

397

14.64

Debt Instruments

16

709

13.01

Money Markets

5

100

2.40

Venture Capital

19

581

1.03

Financing

6

141

0.67

Feeder

3

91

0.36

Waqf

3

1

0.03

Commodity

2

--

--

Total

585

9,702

333.65

 

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