AL-RAJHI FINANCIAL SERVICES COMPANY Al-Rajhi Sukuk Fund
AL-RAJHI FINANCIAL SERVICES COMPANY Al-Rajhi Sukuk Fund
Annual Fund Report- 2015
Unit Price: 1611214
YTD: 1111%
Investment Strategy The fund achieve its objective through investing in sovereign and semi-sovereign Sukuk , Companies' local and global Sukuk , in some income generated assets. The fund invests with minimum of 20% of ita assets, maximum of 50% of its assets in Murabaha goods, maximum of 50% in the Islamic investment accounts, maximum of 30% composite Islamic products, and with maximum of 20% in other commodity Mudaraba funds.
Asset Class: Open-Ended
Inception Date: 14-09-2014
Fund Manager: Al-Rajhi Financial Services
Fund Classification: Growth
Fund Benchmark: LIBOR 3 months+75 basis point
Fund Category: Money Market
Fund Currency: Saudi Riyal
Price Since Inception: SAR 100.00
Fund Objective the fund aims to achieve income and capital growth over the medium-to-long term by investing Shariah- compliant Sukuk and other low-to-medium risk income generating instruments.
Statistics Analysis
NAV:403,214,762
Performance 1 year
Since Inception
Min. Subscription
011,111
Min. Redemption
00,111
(Annualized)
Subscription Fee
% 0011
Redemption Fee
%1011
Fund Average Return
Management Fee
% 1001
Performance Fee
% 1011
Management Fee Type
Per annum
Custodian Fee % 1010
0.05%
0.05%
Fund Annual Return 1.15%
1.08%
0.33%
0.31%
4.17
4.18
Comment
Fund Standard Deviation
Fund Sharpe Ratio
Al Rajhi Sukuk fund among the Mutual Funds listed on Saudi Stock Market , with YTD value reached 1.15% by the end of 2015 The fund will invest primarily in investing in sovereign and semi-sovereign Sukuk , Companies' local and global Sukuk , in some income generated assets. with Average Annual Return of 0.05% While the Standard Deviation has reached 0.33% compared to 0.31% during the last year , which indicates an increase of the risk level.
Portfolio composition
Sector Breakdown
Percentage of NAV
Asset Allocaion Sukuk
61%
Commodity Mudaraba Fund SAR Commodity Mudaraba Fund USD
7% 10%
Mudaraba
22%
Cash
1%
Fund Return
Fund Return Versus Benchmark
Period
Fund Return
1 month
0.00%
3 months
0.17%
6 months
0.43%
YTD
1.15%
1 Year
1.15%
Since inception
1.41%
Price Fluctuations 2015
Assets & Liabilities Jun-2015 Total Assets
263,645,524 29,632
Total Liabilities 058,500,360
Total Equity 1,681,507
Net Income
2
Performance The Fund’s YTD reached 1.15% on 24-012-2015 compared to YTD 0.23% on 25-4-2015 The Risk Level in this fund is medium
Annual Report
Fund Manager: Al Rajhi financial services company
Argaam
Fund :Al Rajhi Sukuk Fund
Mutual Funds Team
3
Annual Fund Report- 2015
Unit Price: 1611214
YTD: 1111%
Investment Strategy The fund achieve its objective through investing in sovereign and semi-sovereign Sukuk , Companies' local and global Sukuk , in some income generated assets. The fund invests with minimum of 20% of ita assets, maximum of 50% of its assets in Murabaha goods, maximum of 50% in the Islamic investment accounts, maximum of 30% composite Islamic products, and with maximum of 20% in other commodity Mudaraba funds.
Asset Class: Open-Ended
Inception Date: 14-09-2014
Fund Manager: Al-Rajhi Financial Services
Fund Classification: Growth
Fund Benchmark: LIBOR 3 months+75 basis point
Fund Category: Money Market
Fund Currency: Saudi Riyal
Price Since Inception: SAR 100.00
Fund Objective the fund aims to achieve income and capital growth over the medium-to-long term by investing Shariah- compliant Sukuk and other low-to-medium risk income generating instruments.
Statistics Analysis
NAV:403,214,762
Performance 1 year
Since Inception
Min. Subscription
011,111
Min. Redemption
00,111
(Annualized)
Subscription Fee
% 0011
Redemption Fee
%1011
Fund Average Return
Management Fee
% 1001
Performance Fee
% 1011
Management Fee Type
Per annum
Custodian Fee % 1010
0.05%
0.05%
Fund Annual Return 1.15%
1.08%
0.33%
0.31%
4.17
4.18
Comment
Fund Standard Deviation
Fund Sharpe Ratio
Al Rajhi Sukuk fund among the Mutual Funds listed on Saudi Stock Market , with YTD value reached 1.15% by the end of 2015 The fund will invest primarily in investing in sovereign and semi-sovereign Sukuk , Companies' local and global Sukuk , in some income generated assets. with Average Annual Return of 0.05% While the Standard Deviation has reached 0.33% compared to 0.31% during the last year , which indicates an increase of the risk level.
Portfolio composition
Sector Breakdown
Percentage of NAV
Asset Allocaion Sukuk
61%
Commodity Mudaraba Fund SAR Commodity Mudaraba Fund USD
7% 10%
Mudaraba
22%
Cash
1%
Fund Return
Fund Return Versus Benchmark
Period
Fund Return
1 month
0.00%
3 months
0.17%
6 months
0.43%
YTD
1.15%
1 Year
1.15%
Since inception
1.41%
Price Fluctuations 2015
Assets & Liabilities Jun-2015 Total Assets
263,645,524 29,632
Total Liabilities 058,500,360
Total Equity 1,681,507
Net Income
2
Performance The Fund’s YTD reached 1.15% on 24-012-2015 compared to YTD 0.23% on 25-4-2015 The Risk Level in this fund is medium
Annual Report
Fund Manager: Al Rajhi financial services company
Argaam
Fund :Al Rajhi Sukuk Fund
Mutual Funds Team
3
