Al Samaha Islamic Fund - UNB

Transcription

1. FUND INFORMATION Date of Inception Geographic Focus Min . Subscription Additional Subscription Subscription Redemption Subscription Fee Redemption Admin Fee Management Fee Performance Fee Shariah Consultant :12/06/2008 :GCC, MENA & Other EM :AED 10,000 :Multiples of AED 1,000 :Weekly :Weekly :2% :2% (12 M) 1% (12-24M) 0% thereafter :1.75% p.a. :10% over 10% :Sheikh Nizam Yaquby Long term capital appreciation through investments primarily in Shariah compliant equities listed in GCC, MENA, and other Emerging markets with a specific focus on UAE. Al Samaha Islamic Fund is designed for those esteemed investors who conform to the tenets and guidance provided by the Islamic Shariah for their investment requirements. The fund’s strategy is based on a blended top down and bottom up approach, where geographical and sector focus is thoroughly analyzed before making an investment decision. The fund is regulated by an agreed set of Islamic Shariah criteria and guidelines to enable fund management team to select investments in compliance with the Shariah principles. FUND PERFORMANCE VS S&P GCC CUSTOM INDEX TOP FIVE HOLDINGS Masraf Al Rayan Aldar SABIC Etisalat Al Rajhi Bank 4.50% 4.00% 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% S&P Custom Index 4.12% Since Inception YTD Weekly 1. 2. 3. 4. 5. 14 July 2016 FUND OBJECTIVE & STRATEGY 6.00% 0.00% 5.00% -5.00% 4.00% Al Samaha Islamic Fund 2.92% Al Samaha Islamic Fund 5.27% 3.00% 2.00% 1.00% 0.00% S&P Custom Index 3.08% Al Samaha Islamic Fund -15.96% -10.00% -15.00% -20.00% S&P Custom Index -28.17% -25.00% -30.00% MONTHLY FUND PERFORMANCE AGAINST REGIONAL BENCHMARK 2015 2016 Al Samaha Fund Jan Feb Mar Apr May June July Aug SEP Oct NOV DEC Jan Feb Mar Apr May Jun WoW YTD Since Incep -3.92% 4.36% -6.67% 12.29% -3.76% -0.51% -1.78% -9.03% 0.91% -1.48% -2.33% -1.85% -7.18% 6.39% 3.94% 3.80% -4.25% 0.26% 2.92% 5.27% -15.96% S&P GCC Custom Index -3.13% 6.13% -9.29% 13.91% -2.85% -0.03% -1.11% -11.94% 2.05% -1.44% -3.34% -2.81% -11.45% 7.83% 4.19% 1.92% -3.80% 1.50% 4.12% 3.08% CONTACT DETAILS Asset Management Team +971 2 6984227 Anuj.goel@unb.ae Operations +971 2 6984231 Tsd.inv@unb.ae LATEST NET ASSET VALUE / UNIT Al Samaha Islamic Fund NAV/unit as at July 14 , 2016 AED 8.40 -28.17% ASSET ALLOCATION Cash 25.00% Equity 75.00% Disclaimer- You should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. A prospectus containing information about the Fund (including its investment objectives, risks, charges, expenses, and other information about the Fund) may be obtained by contacting UNB. Performance data quoted herein represents past performance. Past performance does not guarantee or indicate future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Although information provided in this fact sheet is believed to be reliable, UNB makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the information. Information presented here is for informational use only and should not be considered investment advice or recommendation to invest in the Fund.