ALBILAD MSCI SAUDI GROWTH ETF

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

9408 trades at 8.60 SAR today, its price has risen 0.70% in the past 24 hours. Track more dynamics on 9408 price chart.

9408 net asset value is 8.63 today — it's fallen 5.92% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

9408 assets under management is ‪13.64 M‬ SAR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

9408 fund flows account for 0.00 SAR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

9408 expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 9408 technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 9408 shows the strong sell signal. See more of 9408 technicals for a more comprehensive analysis.

No, 9408 doesn't pay dividends to its holders.

9408 trades at a premium (1.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

9408 shares are issued by Bank Albilad

9408 follows the MSCI Saudi Arabia SMID Islamic Growth Select Index - SAR - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Jan 31, 2024.