Al Shamekh Sharia Compliant Fund Report - October 2017

Transcription

1. Al Shamekh Sharia Compliant Fund Asset Management Riyadh , K.S.A. October 30, 2017 www.riyadcapital.com General Information Launch Date 31-Dec-02 Management Fee of underlying funds (p.a.) 0.5%-2.0% Fund Currency Saudi Riyal Front End Fee 1.00% Launch Price 10.00 Valuation Day/ Dealing Day Mon. & Wed. Current Price 26.48 Initial Subscription/ Minimum Balance SAR 5,000 Highest Price (12 Months) 26.66 Minimum Redemption or Additional SAR 1,000 Lowest Price (12 Months) 20.86 Settlement Days of Redemption Within 5 Bus. Days Benchmark Bloomberg Code DJ Islamic Index 76.5%+ S&P SA Shariah 8.1%+ Amount Invested in Fund by Fund Manager - MSCI GCC CTRY ISLM xSA 5.4%+ Manager Investment Percentage 0% Cost of financing in SAR for 1M among banks 10% Fund Manager: Colin Pratt RSHAMK2 Objective: The fund aims to achieve long term capital growth within high risk level through investing around 90% of its assets in local and global equity funds compliant to shariah and around 10% of its assets in commodity trading funds and other low risk investments approved by Shariah Committee. Strategy : The Fund invests mainly in the existing local and international funds of Riyad Capital compliant to shariah criteria set by Shariah Committee of Riyad Capital. The fund manager has the option to increase or decrease the weight of any region or market in the portfolio. He will review the history of such assets, recommendations of international investment institutions, his own evaluation of the markets, price momentum, companies' earnings, economic factors, performance outlook and correlations of markets and funds. The fund manager shall monitor political and economic conditions on daily basis and adjust his strategy accordingly. Performance Record Period Fund Benchmark Return Return Year Fund Benchmark Return Return One Week Ago 0.12% 0.49% 2007 20.43% 19.08% One Month Ago 0.79% 0.74% 2008 -38.73% -37.67% Three Months Ago 2.10% 2.06% 2009 26.17% 29.77% Six Months Ago 4.81% 5.24% 2010 12.78% 6.67% Nine Months Ago 7.44% 6.73% 2011 -4.39% -11.13% One Year Ago 15.47% 16.53% 2012 9.29% 9.11% Three Years Ago -1.31% -3.34% 2013 22.73% 17.53% Five Years Ago 35.50% 23.03% 2014 5.12% -1.24% Ten Years Ago 24.10% 1.56% 2015 -6.36% -8.67% Since Launch 164.79% 123.72% 2016 1.60% 3.95% 2017-YTD 9.48% 9.71% Fund Assets (SAR) m 102.00 Return and Risk Fund Geom. Avg. Annual Return Benchmark 3.0% 0.9% 14.3% 14.7% Return / Risk 0.21 0.06 Sharp Ration 0.16 0.01 Standard Deviation Equity 92.5% Short-term Inv. 7.5% Performance of the Fund 22.7% 25.0% 15.0% 10.0% 9.3% 9.1% 5.0% 0.0% -5.0% Fund Benchmark 2012 2013 2014 2015 2016 2017-YTD 9.29% 22.73% 5.1% 5.12% -6.36% 1.60% -1.2% 9.48% -6.4% -10.0% Com. Trade Fund (USD) 0.7% 9.11% 17.53% 4.0% -1.24% 1.6% -8.67% 3.95% 9.71% 9.5% 9.7% -8.7% -15.0% 2012 3.85 Fund Breakdown 17.5% 20.0% No. of Units (m) Assets Breakdown From 2007 to 2016 2013 2014 Fund 2015 2016 2017-YTD Riyad Gulf Fund 20.8% Com. Trade Fund (SAR) 4.5% Riyad Equity Fund 2 25.7% Benchmark For further information please contact Asset Management Dept., Riyad Capital email : invperform@riyadcapital.com Global Equity Fund (Musharaka) 48.4%