Al Aman Islamic Fund Report - February 2017

Transcription

1. 0 .335 NAV Monthly Report 1,988,319 Net Assets MTD 0.6% YTD -2.0% February-2017 Fund Facts Monthly Returns Name Al Aman Islamic Fund M/Y Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD Fund Manager Al Aman Investment 2013 4.2% -1.5% 2.6% 4.6% 5.6% -5.3% 3.8% -2.7% 2.2% 0.4% -1.7% -1.6% 10.4% Company 2014 -0.2% 1.2% 0.6% 1.6% -1.7% -4.3% 2.7% 6.6% 4.7% -5.9% -8.0% -3.3% -7.0% Domicile Kuwait 2015 0.2% 0.0% -6.0% 3.4% -3.3% -2.3% -1.4% -10.9% -2.1% -0.3% -0.8% -5.0% -25.6% Governing Body Capital Markets 2016 -10.7% 7.1% -0.3% 4.6% -1.2% 0.0% -0.9% -6.2% -6.0% -1.0% 10.2% 5.6% -0.9% Authority (CMA) 2017 -2.6% 0.6% -2.0% Structure Open Ended Currency Kuwaiti Dinar (KD) Size 5 -50 million KD Fund Objectives Minimum Initial 1,000 units The fund aims to maximize returns by investing in a selected group of listed and unlisted stocks in the gulf markets compatible with the provisions of Islamic Sharia, in accordance with the Sharia criteria set in the Articles of Assosiation. The Earnings of these stocks are expected to grow at a rate higher than the average of other companies. Additional Investment Subscription/ Monthly Redemption Sector Allocation 2% per unit subscribed Performance Fee 20% Hurdle Rate 10% Custodian Gulf Custody Company Administrator Gulf Custody Company Year to Date Auditors Russell Bedford Since Inception Shari'a Advisors Al Mashoura Annualized Return Team Musaed A. Al Qadi Hamad S. Al Bin Ali Health Care 17% Consumer Discretionary 14% 21% 14% Key Statistics Financials 9% 17% Cash 7% Fund Ann. Std. Dev. Yousef F. Almannaei 6% 7% 9% Placement Fee Management Consumer Staples 21% 4% 22% Management Fee 1% Legal Advisors Industrials 22% Sharpe Ratio -2.0% -66.5% -10.6% 5.5% (0.59) Top 5 Holdings ARAMEX PJSC S&P Pan Arab 0.7% -22.8% -2.6% 5.43% (0.15) MSCI GCC 1.7% -37.6% -4.8% 6.15% (0.22) Energy 7% Real Estate 4% Geographical Allocation 4.5% 13.4% SAUDI ARABIA 55.5% Contact Details AGTHIA GROUP PJSC Al Aman Investment Company AL KHALEEJ TRAINING AND EDUC Tel : ( +966 ) 1822626 SAUDI CO FOR HARDWARE LLC QATAR 13.4% Fax : ( +966 ) 22497962 http://www.alaman.com.kw EMAAR MALLS PJSC KUWAIT 4.5% 26.6% 55.5% UAE 26.6%