The assets of local and foreign investment funds in the Saudi market grew by approximately 5%, an increase of 5,460 billion riyals by the end of the fourth quarter of 2023, to reach a total of 122,578 billion riyals, compared to 117,117 billion riyals at the end of the third quarter of the same year.

This growth was supported by the increase in local assets, which grew by approximately 7%, with an increase of about 6,348 billion riyals, to total about 101,182 billion riyals, constituting approximately 82.5% of the total assets of investment funds, according to data from the monthly statistical bulletin of the Saudi Central Bank (SAMA) for February 2024.

The number of subscribers increased quarterly by approximately 4% to reach a total of 1,080,455 million by the end of Q4 2023, and the number of active funds grew by approximately 3% to reach a total of 291 investment funds.

The number of active funds grew by approximately 3% to reach a total of 291 investment funds.

<It is noteworthy that the total assets of foreign funds amounted to about 21,396 billion riyals, accounting for approximately 17.5% of the total assets of investment funds.
The total assets of investment funds (open) amounted to about 93,298 billion riyals, and the number of funds amounted to 267 funds, while the total assets of investment funds (closed) amounted to about 29,279 billion riyals. The number of funds amounted to 24 funds.

Real estate funds account for 20.2%

The assets of investment funds by investment type were distributed among 9 different investment types, the highest in terms of value; the assets of “local stocks” worth 27,904 billion riyals, accounting for approximately 22.8% of the total assets of investment funds, secondly, the assets of “real estate funds” worth 24,730 billion riyals, accounting for approximately 20.2% of the total investment assets, and thirdly, the assets of “real estate funds” worth approximately 20.2% of the total investment assets. Third, the assets of investments in “local monetary instruments” worth 23,767 billion riyals accounted for approximately 19.4% of the total, and the assets of investments in “foreign monetary instruments” worth 14,525 billion riyals accounted for approximately 11.8% of the total investment assets.

Fourth, the assets of investments in “foreign monetary instruments” worth 14,525 billion riyals accounted for approximately 11.8% of the total investment assets.

<Fifth, investment assets in “local bonds and sukuk” worth 13,787 billion riyals accounted for approximately 11.2% of the total, sixth, investment assets in “other local assets” worth 10,994 billion riyals accounted for approximately 9% of the total, and seventh, investment assets in "foreign equities" worth 3,497 billion riyals accounted for approximately 2.Eighth, investment assets in "foreign bonds" worth 2,711 billion riyals accounted for approximately 2.2% of the total, and finally, in ninth place, investment assets in "other foreign assets" worth 663 million riyals.

Finally, investment assets in "other foreign assets" worth 663 million riyals ranked ninth.