Riyad Capital, a leading investment manager in the Kingdom of Saudi Arabia, has announced the launch of the Riyad Healthcare Equity Fund. The new public, open-ended, and Shariah-compliant fund aims to achieve medium to long-term capital growth by investing in shares of healthcare companies listed on the Saudi stock market.
Tapping into Vision 2030’s Healthcare Boom
The fund’s launch is strategically timed to capitalize on the accelerated structural transformation within the Kingdom’s healthcare sector, a key pillar of the Saudi Vision 2030 agenda. This transformation is fueled by significant government investment, the expansion of healthcare infrastructure, and a growing role for the private sector.
The healthcare sector index has demonstrated robust performance, recording 63% growth over the past three years. The Saudi government has allocated approximately SAR 260 billion, representing nearly 20% of the Kingdom’s 2025 budget, for the development of the sector, with hospital bed capacity expected to increase by 40% by 2030.
A Strategic Move for Investors
Omar Al-Hilali, Head of Equities at Riyad Capital, highlighted the firm’s positive outlook on the sector’s fundamentals.
“The launch of the Riyad Healthcare Equity Fund reflects our positive outlook on the sector’s fundamentals, which continue to gain increasing attention supported by the objectives of Saudi Vision 2030,” stated Al-Hilali. “This fund enables investors to access compelling investment opportunities in one of the fastest-growing sectors of the national economy.”
The fund has already shown strong investor interest, successfully raising over SAR 22 million during its initial offering period.
Fund Details and Availability
Subscriptions to the Riyad Healthcare Equity Fund are open to both individual and institutional investors through Riyad Capital’s digital channels and Wealth Management services. As an introductory offer, subscription fees will be waived until March 16, 2026.
This launch adds to Riyad Capital’s strong track record in managing specialized equity funds, including the Riyad Emaar Fund and the high-performing Riyad Saudi Equity Fund.
About Riyad Capital
Riyad Capital is a leading fully-fledged investment manager and the largest custodian in Saudi Arabia. Through its four business lines – asset and wealth management, brokerage, corporate investment banking, and securities services – the company offers end-to-end investment management solutions. As of December 2025, Riyad Capital managed over c. US$ 25 billion in assets under management and more than c. US$ 279 billion in assets under custody. The company was recognized among the Middle East’s top 5 asset managers for 2024 and 2025 by Forbes Middle East and received the Saudi Capital Market Award for Custodian of the Year 2024.
Source: Zawya
