CMA Announces Approval of Exchange Traded Fund “SAB Invest Hang Seng Hong Kong ETF”

The Capital Market Authority announced that it has issued its resolution approving SAB INVEST’s request to offer “SAB Invest Hang Seng Hong Kong ETF” units on the Saudi Stock Exchange (Tadawul) as an Exchange Traded Fund.

The terms and Conditions (T&Cs) of the “SAB Invest Hang Seng Hong Kong ETF ” can be obtained from the fund managers’ and the CMA’s websites. The T&Cs contain all relevant information that the investor needs to consider before making (or refraining from) an investment decision.

An investment decision without reading the T&Cs carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the T&Cs, which include detailed information on the “SAB Invest Hang Seng Hong Kong ETF” strategy, objectives and risk factors. Thus, it provides potential investors the ability to evaluate the viability of investing in “SAB Invest Hang Seng Hong Kong ETF” and take into consideration the associated risks. And if the T&Cs prove to be difficult to understand, it is recommended to consult an authorized financial advisor.

The CMA’s approval of “SAB Invest Hang Seng Hong Kong ETF” should not be considered a recommendation to invest in it. It merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.