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.