AlAhli Saudi Trading Equity Fund Report - January 2018

Transcription

1. AlAhli Saudi Trading Equity Fund Fact Sheet |Ending January 31, 2018 FUND OBJECTIVES PERFORMANCE To achieve long term capital growth through investing in the Saudi equity market in accordance with the Shariah guidelines issued by the Fund Shariah Board. The Fund will not make any distributions to Unit holders. Instead, capital gains and dividends will be reinvested. not annualized if less than one year Short Term 1 Month 3 Months 6 Months 9 Months Fund 4.65% 7.08% 5.84% 4.44% Benchmark 5.04% 10.13% 8.79% 9.24% YTD 2017 2016 2015 Since Inception Fund 4.65% -2.23% 8.35% -12.82% 11.60% Benchmark 5.04% 3.89% 10.57% -14.98% 9.75% 1 Year 3 Years 5 Years 10 Years Calendar Returns FUND FACTS Currency Saudi Riyal Minimum Investment 5000 SAR Inception Jun-1998 Management Fees** Fund Benchmark Annualized Return 2.51% 9.23% -3.10% -1.27% 1.75% + Other Exp Cumulative Return 2.51% 9.23% -9.00% -3.75% 23.84% 20.92% 13.20% 12.17% Fund Assets SAR 995.45 Million Standard Deviation 11.98% 11.90% 21.38% 21.80% 19.58% 19.83% 22.10% 23.06% Benchmark S&P Saudi Arabia Shariah (TR) Index Sharpe Ratio Subscription/ Redemption Notice 0 Before or at 10 am on each Dealing Day Before or at 10 am on each Dealing Day Valuation Days Every Saudi Business day Redemption Payment Day Within 5 Business Days after 1200 the Valuation Day 1000 Risk Level High Risk 0.1 0.66 Fund -0.2 Benchmark -0.11 Fund Benchmark Fund Benchmark 4.37% 3.87% 1.25% 1.15% 0.18 0.15 0.02 0.01 FUND PERFORMANCE Manager Performance June 1998 - January 2018 (Single Computation) AlAhli Saudi Trading Equity Fund 1400 S&P Saudi Arabia Shariah (TR) 800 MULTIPLE STATISTICS 600 400 Multi-Statistic June 1998 - January 2018 AlAhli Saudi Trading Equity Fund 200 S&P Saudi Arabia Shariah (TR) 2.5 0 May 1998 Dec 1999 Dec 2001 Dec 2003 Dec 2005 Dec 2007 Dec 2009 Dec 2011 Dec 2013 Dec 2015 Jan 2018 2 STATISTICAL ANALYSIS 1.5 1 Versus Benchmark 1 Year 3 Years 5 Years 10 Years Alpha -6.02% -1.89% 0.64% 0.10% Beta 0.98 0.96 0.96 0.94 94.77% 95.45% 95.24% 96.10% Information Ratio -2.45 -0.39 0.11 0.02 Tracking Error 2.75% 4.65% 4.33% 4.58% Excess Return -6.73% -1.83% 0.50% 0.09% Batting Average 25.00% 41.67% 48.33% 46.67% R-Squared 0.5 0 Alpha vs. Market Beta vs. Market Excess Return vs. Market Sharpe Ratio Information Ratio vs. Market INFORMATION www.ncbc.com Breakdown of Top 10 Holdings 92 0000 232 SAUDI BASIC INDUSTRIES CORP 19.55% AL RAJHI BANK 10.14% Disclaimers: ALINMA BANK 7.15% 1. In preparing the information contained herein, NCB Capital has: (i) used information obtained from 3rd party service providers and public sources; (ii) assumed and relied upon, without independent verification, the accuracy and completeness of the information supplied or otherwise made available to it for the purposes of this making document; (iii) assumed that any financial projections and other financial data relating to this document has been reasonably and properly prepared on the basis of reflecting the best currently available estimates and judgments of the future financial performance of the securities contained herein as at the date of this presentation; (iv) not conducted any independent valuation or appraisal of the assets or liabilities of the securities contained herein; and (v) not been provided with any such valuation or appraisal. Neither NCB Capital, its affiliates nor any of their respective directors, officers, employees or agents (“NCB Group”) give any representation or warranty, express or implied, as to: (i) the achievement or reasonableness of future projections, management targets, estimates, prospects or returns contained in this documentation, if any; or (ii) the accuracy or completeness of any information contained in this documentation, any oral information provided in connection therewith or any data that either generates. Furthermore, and without prejudice to liability for fraud, no member of NCB Group accepts or will accept any liability, responsibility or obligation (whether in contract, tort or otherwise) in relation to these matters. 2. NCB Capital Company is authorised by the Capital Market Authority under License No. 37 06046. The registered office of which is at King Saud street in Riyadh, P.O. Box 22216, Riyadh 11495, Kingdom of Saudi Arabia. Past performance is not necessarily a guide to future performance. The value of the investment in the fund is variable and may increase or decrease. The security may be subject to sudden and large falls in value which could cause a loss equal to the amount invested; and the investor’s loss may not be limited to the amount originally invested or deposited, but may have to pay more. Income from the security may fluctuate; and part of the capital invested may be used to pay that income. The prices, values or income may fall. Investors may receive less than what he/she invested. It may be difficult for the investor to sell or realise the security; and to obtain reliable information about its value or the extent of the risks to which it is exposed. Changes in currency rates may have an adverse effect on the value, price or income of the security. Service and performance fees/charges apply. This product may not be suitable for all recipients of this report. In case of any doubts, you should seek advice from your investment advisor. NCB Capital may have a position or holding in the securities concerned or in related securities and/or may have provided within the previous 12 months signification advice or security business services to the issuer of the securities concerned or of a related security. More information about the fund is available in the Terms and Conditions applicable to that fund and should be read carefully before investing. While reading the fund’s Terms and Conditions, please refer to the principal risks of investing in the Fund. You can obtain a copy of the Terms and Conditions by visiting www.ncbc.com. A copy of the fund’s Financial Statement once issued can be obtained upon request made to the fund manager or by visiting www.tadawul.com.sa ** The management fee is subject to discounts based on the fund manager's discretion. For more information about the management fee, please refer to the fund's financial statement. Note: Last valuation date of the Fund may be different from the date of this report. SAHARA PETROCHEMICAL CO. 5.91% BANK ALBILAD 5.89% YANBU NATIONAL PETROCHEMICAL COMPANY 5.04% SAUDI ARABIAN MINING COMPANY 5.01% SAVOLA GROUP 4.41% SAUDI PUBLIC TRANSPORT CO. 4.15% JABAL OMAR DEVELOPMENT COMPANY 4.13% Sectoral Allocation MATERIALS 40.80% FINANCIALS 29.40% REALESTATE 9.36% HEALTH CARE 5.29% CONSUMER STAPLES 4.41% INDUSTRIALS 4.15% UTILITIES 3.28% CONSUMER DISCRETIONARY 2.42%