NBAD Islamic MENA Growth Fund Report - December 2018

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1. NBAD Islamic MENA Growth Fund IMGF - December 2018 Key Facts Investment Objective The Fund 's primary objective is to invest in a portfolio of MENA equities and/or equity related securities (such as convertible bonds, ADRs and GDRs) based on Islamic Shariah principles listed or traded on recognized exchanges worldwide or 'over the counter' arrangements, and other related securities including third party collective investment schemes, with a view to achieving capital growth. Domicile UAE Inception Date 05 January 2005 Fund Size (mn) 94.16 Base Currency AED NAV 14.5303 NAV Date 31 December 2018 Benchmark S&P Pan Arab Comp Shariah NTR Index 230.00 210.00 190.00 170.00 150.00 AED 500 130.00 110.00 AED 1 90.00 70.00 Dealing Frequency Daily - Sunday to Thursday Dec 2018 Apr 2018 Jul 2017 Oct 2016 Jan 2016 Apr 2015 Jul 2014 Nov 2013 Feb 2013 May 2012 Aug 2011 Nov 2010 Mar 2010 Jun 2009 Sep 2008 Dec 2007 Mar 2007 Not Applicable Jun 2006 Jan 2005 Dividend Frequency 50.00 Sep 2005 Minimum Investment Subsequent Investment Performance Bloomberg Ticker NBADIMG UH EQUITY Benchmark ISIN NA Subscription Fee 0 to 5% Management Fee 1.50% plus performance fee* Fund Manager First Abu Dhabi Bank PJSC Investment Management Custodian First Abu Dhabi Bank PJSC Administrator First Abu Dhabi Bank PJSC Fund 1 Month 3 Months 6 Months *10% of the excess performance of the fund over the benchmark provided the NAV exceeds the previous highest NAV on which the performance fee was paid. 1 Year 3 Years 5 Years SI Fund 1.43% -1.83% -2.05% 11.71% 6.25% 1.68% 2.71% Benchmark 1.27% -1.71% -1.19% 13.21% 9.74% 3.44% 2.94% 3 Years, 5 Years and Since Inception (SI) performance is annualized. YTD 2017 2016 2015 2014 2013 Fund 11.71% -1.96% 9.54% -12.16% 3.17% 73.46% Benchmark 13.21% 3.77% 12.50% -14.95% 5.35% 93.88% Fund and Benchmark performance is calculated Since Inception (SI) of the Fund. Fund performance is net of fees. Sector Allocation Country Allocation 62.88% Saudi Arabia 14.60% United Arab Emirates 13.05% Cash 9.47% Kuwait FAB Investment Management | www.bankfab.com 56.46% Financials 14.26% Materials 13.05% Cash 7.22% Consumer Discretionary 7.00% Communication Services 2.01% Industrials
2. NBAD Islamic MENA Growth Fund - December 2018 Key Statistics Fund Volatility Benchmark Volatility Tracking Error Information Ratio Alpha Asset Allocation 12 .05% 11.81% 3.39% -0.40 -1.24% Rolling 1 Year data 86.95% Equity 13.05% Cash Top Holdings AL RAJHI BANK SAUDI BASIC INDUSTRIES CORP DUBAI ISLAMIC BANK 21.78% 10.21% 6.70% ABU DHABI ISLAMIC BANK 5.82% ALINMA BANK 5.20% For More Information Please call us at +971 2 692 0609 or email us at fundmanagement@bankfab.com Webite: www.bankfab.com Disclaimer The Fund is a collective investment fund authorized by the Securities & Commodities Authority of the UAE. This report is provided for information purposes only. The report is based on available information and is deemed reliable, but no assurance is given as to its accuracy, or completeness. First Abu Dhabi Bank PJSC is not accountable for any decision based on the contents of this report. Neither the information, nor the opinions contained herein are to be construed as an offer to buy and/or sell securities mentioned above. Past performance is no indication of current or future performance, and it does include the commissions and costs incurred on the issue and redemption of shares. First Abu Dhabi Bank PJSC is licensed by the Central Bank of the UAE. FAB Investment Management | www.bankfab.com