The Saudi Investment Bank has announced that GCC Industrial Companies Fund, GCC Companies Fund, and GCC Equity Fund recorded stellar performance year-to-date returns of 33%, 20%, and 17% respectively up to October 20, 2007. The Saudi Investment Bank was the first Saudi bank to launch mutual funds that invest in the GCC region and the only bank managing an investment in the GCC industrial sector which is a Shariaa compliant fund. In addition, the bank launched a capital protected fund (GCC Himaya Fund) which offers full protection of the invested capital and a monthly liquidity to investors. Mr. Saud Al Saleh, CEO of the Saudi Investment Bank, commended these results achieved by the funds especially following fluctuations in the region's equity markets during last year. In addition, he showed confidence about the future prospects of the funds. Investment Services and Financial Planning Group General Manager Mr. Radi Al Haddad commented that the excellent performance is a result of professionalism of our team and investment decisions that are based on sound research and thorough financial analysis. Latest Articles Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. 9 Jun 2024 The Saudi Investment Bank and Saudia’s AlFursan Loyalty Program Unveil Pioneering “Travel Account” In partnership with Saudia’s AlFursan loyalty program, The Saudi Investment Bank (SIB) has introduced the "Travel Account," a... 26 Oct 2023 The Saudi Investment Bank signs an official partnership agreement with Real Madrid CF The Saudi Investment Bank (SIB) announced today its new partnership agreement with Real Madrid CF. This collaboration aims to... 21 Apr 2021 The Saudi Investment Bank: First bank in the Kingdom to adopt Cisco Innovative Technologies Cisco’s innovative network infrastructure enables The Saudi Investment Bank to quickly adapt to changes in business needs while... 2 Feb 2020 Microsoft publishes a customer story on The Saudi Investment Bank’s applications of ‘Microsoft Power BI’ platform Microsoft just published on its official portal a customer story brief about The Saudi Investment Bank applications of Microsoft... 12 Nov 2019 SIB’s Integrated Report 2018 wins the most prestigious global award for annual reports The International ARC Awards have awarded The Saudi Investment Bank’s (SIB) Integrated Report 2018 the Grand Award for the Best of... 7 Jul 2019 The Saudi Investment Bank supports the GCC Board Directors Institute to raise the level of corporate governance and board effectiveness The Saudi Investment Bank has signed a one-year partnership agreement with the GCC Board Directors Institute to support the promotion...