BLOM ARAB MARKETS Balanced Fund Fact Sheet November 2014
ASSET MANAGEMENT
Member of BLOM BANK Group
BLOM ARAB MARKETS Balanced Fund Fact Sheet Fund Objective To achieve medium to long term capital appreciation by investing in the Arab Markets of the MENA Region.
Base Currency
November 2014
Investment Philosophy The fund invests a minimum of 30% of its assets in Fixed Income instruments and a maximum of 70% of its assets in listed Equities of the Arab Markets in the MENA region.
Manager Report
U.S. Dollar (USD)
Net Asset Value Bi-Weekly (Mondays & Wednesdays)
The BLOM ARAB Markets Balanced Fund (BAMBF) closed the month at USD 1,106.8021 recording a month-to-month decrease of –3.75%.
Subscription/Redemption
Since inception, the Fund gained of 10.68% compared to the benchmark’s 12.88%.
Bi-Weekly
The Fund’s asset allocation was slightly altered this month; allocation to cash increased from 25% to 29%, allocation to equities decreased from 30% to 26%. Lastly, allocation to money market increased from 12.79% to 14%.
Minimum Investment USD 5,000
Benchmark 55% S&P Pan Arab Composite Index 45% S&P MENA Bonds & Sukuks
Total Allocation by Country
Allocation by Asset Class
SABB SECURITIES LIMITED
Egypt Lebanon Qatar Oman Abu Dhabi Saudi Arabia Dubai Kuwait Bahrain
16.77% 13.44% 8.84% 8.15% 7.35% 6.92% 6.19% 1.93% 1.57%
Auditors
Cash
28.83%
Fund Manager BLOMINVEST SAUDI ARABIA
Placement Agent BLOM BANK S.A.L
Custodian, Administrative Agent
ERNST &Allocation YOUNG Sector (%)
Launch Date
Money Market 14%
Fixed Income 31%
Fund Performance
19/06/2013
Assets under Management USD 17.406 Million
1,300.00 1,250.00
Fees Management: Subscription:
Equities 26%
Cash 29%
1.5% 0.5%
NAV
BAMBF Benchmark
Since Inception 10.68% 12.88%
YTD 5.96% 4.96%
MTD -3.75% -5.99%
Benchmark
1,200.00
1,150.00 1,100.00 1,050.00
BLOMINVEST SAUDI ARABIA Asset Management Department Al-Oula Building, 3rd Floor King Fahed Road, Riyadh P.O. Box 8151, Riyadh 11482, Saudi Arabia Tel: +966 1 4949555 Fax: +966 1 4949551 Email: [email protected] Website: www.blominvestksa.com
1,000.00 950.00 900.00
This document is for information purposes only and does not constitute or form part of an offer or solicitation of any offer or a recommendation to invest in BLOM Arab Markets Fund (the “Fund”) in any jurisdiction to any person. The information may be subject to verification or amendment and has been supplied for “information purposes” only and in no way may be read as a statement of fact. Past performance is not necessarily indicative for future results. Information contained herein are and shall remain the property of BLOMINVEST SAUDI ARABIA
Member of BLOM BANK Group
BLOM ARAB MARKETS Balanced Fund Fact Sheet Fund Objective To achieve medium to long term capital appreciation by investing in the Arab Markets of the MENA Region.
Base Currency
November 2014
Investment Philosophy The fund invests a minimum of 30% of its assets in Fixed Income instruments and a maximum of 70% of its assets in listed Equities of the Arab Markets in the MENA region.
Manager Report
U.S. Dollar (USD)
Net Asset Value Bi-Weekly (Mondays & Wednesdays)
The BLOM ARAB Markets Balanced Fund (BAMBF) closed the month at USD 1,106.8021 recording a month-to-month decrease of –3.75%.
Subscription/Redemption
Since inception, the Fund gained of 10.68% compared to the benchmark’s 12.88%.
Bi-Weekly
The Fund’s asset allocation was slightly altered this month; allocation to cash increased from 25% to 29%, allocation to equities decreased from 30% to 26%. Lastly, allocation to money market increased from 12.79% to 14%.
Minimum Investment USD 5,000
Benchmark 55% S&P Pan Arab Composite Index 45% S&P MENA Bonds & Sukuks
Total Allocation by Country
Allocation by Asset Class
SABB SECURITIES LIMITED
Egypt Lebanon Qatar Oman Abu Dhabi Saudi Arabia Dubai Kuwait Bahrain
16.77% 13.44% 8.84% 8.15% 7.35% 6.92% 6.19% 1.93% 1.57%
Auditors
Cash
28.83%
Fund Manager BLOMINVEST SAUDI ARABIA
Placement Agent BLOM BANK S.A.L
Custodian, Administrative Agent
ERNST &Allocation YOUNG Sector (%)
Launch Date
Money Market 14%
Fixed Income 31%
Fund Performance
19/06/2013
Assets under Management USD 17.406 Million
1,300.00 1,250.00
Fees Management: Subscription:
Equities 26%
Cash 29%
1.5% 0.5%
NAV
BAMBF Benchmark
Since Inception 10.68% 12.88%
YTD 5.96% 4.96%
MTD -3.75% -5.99%
Benchmark
1,200.00
1,150.00 1,100.00 1,050.00
BLOMINVEST SAUDI ARABIA Asset Management Department Al-Oula Building, 3rd Floor King Fahed Road, Riyadh P.O. Box 8151, Riyadh 11482, Saudi Arabia Tel: +966 1 4949555 Fax: +966 1 4949551 Email: [email protected] Website: www.blominvestksa.com
1,000.00 950.00 900.00
This document is for information purposes only and does not constitute or form part of an offer or solicitation of any offer or a recommendation to invest in BLOM Arab Markets Fund (the “Fund”) in any jurisdiction to any person. The information may be subject to verification or amendment and has been supplied for “information purposes” only and in no way may be read as a statement of fact. Past performance is not necessarily indicative for future results. Information contained herein are and shall remain the property of BLOMINVEST SAUDI ARABIA
