Al Aman Islamic Fund Monthly Report - April 2017

Transcription

1. 0 .341 NAV Monthly Report 2,021,539 Net Assets MTD 0.9% YTD -0.3% April-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% 0.9% 0.9% -0.3% 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 Health Care 19% Consumer Staples 17% 16% Management Fee 1% 6% Placement Fee 2% per unit subscribed 12% 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 Legal Advisors Key Statistics Fund Ann. Std. Dev. Management Yousef F. Almannaei Team Musaed A. Al Qadi Hamad S. Al Bin Ali Sharpe Ratio 17% 14% -0.3% -65.9% -10.3% 5.5% (0.58) Top 5 Holdings ARAMEX PJSC S&P Pan Arab -1.3% -24.3% -2.8% 5.4% (0.16) Industrials 16% 19% 16% Financials 12% MSCI GCC 0.1% -38.6% -4.9% 6.1% (0.22) Consumer Discretionary 14% Energy 6% Cash 16% Geographical Allocation 4.7% 13.6% SAUDI ARABIA 54.1% Contact Details AL KHALEEJ TRAINING AND EDUC Al Aman Investment Company SAUDI CO FOR HARDWARE LLC Tel : ( +966 ) 1822626 AGTHIA GROUP PJSC QATAR 13.6% Fax : ( +966 ) 22497962 http://www.alaman.com.kw DUBAI ISLAMIC BANK KUWAIT 4.7% 27.7% 54.1% UAE 27.7%