19/08/2026 04:41 AST

SAB Invest, a leading investment firm in Saudi Arabia and a unit of Saudi Awwal Bank (SAB), has announced the launch of a new open-ended, shariah-compliant public fund designed to provide investors with access to a concentrated portfolio of exceptional global companies expected to benefit from long-term structural growth trends, supporting Saudi Vision 2030's goals to strengthen and diversify the financial sector.

The new entity, SAB Invest Global Select Equity Fund, follows an active, high-conviction investment approach, investing in businesses with strong competitive positions, resilient business models and significant long-term growth potential.

The portfolio is built around structural themes expected to shape the future of the global economy, including artificial intelligence, cloud computing, advanced semiconductors, healthcare innovation and other technology-enabled industries.

Supported by a disciplined investment process and rigorous fundamental research, the Fund seeks to identify companies with the potential to deliver sustainable long-term value while offering investors exposure to some of the world's most dynamic growth opportunities.

The Fund is benchmarked against the S&P Global BMI Shariah Total Return USD Index, said a top official.

"Some of the world's most compelling investment opportunities are being created by companies transforming the way we live, work and do business. Through the Global Select Equity Fund, we are giving our clients access to these opportunities via a disciplined, actively managed and Shariah-compliant investment solution," noted SAB Chief Global Investment Solutions Officer Feras Alawadh.

"Our focus is not on chasing short-term market trends, but on investing in exceptional businesses with durable competitive advantages and the ability to compound value over the long term. We believe this approach provides investors with a differentiated way to participate in the next generation of global growth," he added.


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