Riyadh – Mubasher: HSBC Saudi Arabia is currently acting as the custodian for its fund HSBC MSCI Tadawul 30 Saudi ETF, according to a bourse filing on Monday.
Albilad Investment Company was previously appointed as an independent custodian for the fund, HSBC Saudi Arabia noted.
It is worth noting that HSBC Saudi Arabia is a joint venture between the listed Saudi British Bank (SABB) and HSBC Holdings.
The financial results of the HSBC MSCI Tadawul 30 Saudi ETF fund for 2020 showed net assets worth SAR 9.55 million, as well as 290,000 existing units.
