Al Aman Islamic Fund Report - September 2017

Transcription

1. 0 .334 NAV Monthly Report 1,980,605 Net Assets MTD 0.3% YTD -2.3% September-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% -3.8% 0.6% 0.9% 0.0% 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 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 Key Statistics Yousef F. Almannaei Musaed A. Al Qadi Hamad S. Al Bin Ali 2% 11% Health Care 16% 19% Financials 15% 18% Consumer Staples 14% 15% 16% Energy 5% Fund Ann. Std. Dev. Team Consumer Discretionary 18% 14% Placement Fee Management Industrials 19% 5% Management Fee 1% Legal Advisors -2.3% Sharpe Ratio -2.3% -66.6% -10.1% 5.4% (0.58) S&P Pan Arab 1.3% -22.3% -2.4% 5.3% (0.15) MSCI GCC 2.1% -37.4% -4.5% 6.0% (0.21) Telecommunication 2% Cash 11% Geographical Allocation Top 5 Holdings ARAMEX PJSC Contact Details AL KHALEEJ TRAINING AND EDUC Al Aman Investment Company SAUDI CO FOR HARDWARE LLC Tel : ( +966 ) 1822626 ABDULLAH AL OTHAIM MARKETS Fax : ( +966 ) 22497962 http://www.alaman.com.kw DUBAI ISLAMIC BANK 10.7% SAUDI ARABIA 49.8% 15.0% 49.8% 24.5% UAE 24.5% KUWAIT 15.0% QATAR 10.7%