1st Quarter 2017 Alinma IPO Fund
Alinma IPO Fund Approved by Alinma Sharia Board
1st Quarter 2017
C. R. No. 1010269764 | CMA License No. 09134 - 37
Fund's Objectives & Strategy
Quarterly Disclosure Details
The Fund aims to achieve long-term capital appreciation attained by investing mainly in Shariah-Compliant Initial Public Offerings of Saudi Companies, Right Issues and Rump Offering as well as ShariahComplaint Saudi Companies that have been listed in the Saudi Stock Exchange for 3 years or less. The Fund may also invest in shariah compliant funds with similar objectives.
2 - Total Fees & Charges for the Quarter
0.33%
3 - Profit Percentage Distributed
0.00%
4 - Fund Manager's Investment Percentage
0.00%
5 - Amont & Percentage of Dealing Expenses
0.02%
6 - RISK Standards & Index
Standard Deviation
7 - Performance Standards & Index
Sharpe Ratio
8 - Percentage of Borrowings to the NAV Fund's Information
0.00%
Performance & Risk Parameters
Asset Type
Open-ended Fund
120
Risk Level
High
100
Fund Manager
Alinma Investment Company
80
Fund Listing
Saudi Arabia
60
Launch Date
May 17, 2015
40
Benchmark
Alinma Saudi IPO Equities Islamic Index by IR
20
Inception Price (SAR)
10.00
Unit Price (SAR)
9.56
AUM (SAR)
234,558,712.55
Base Currency
Saudi Riyal
Initial Investment
5,000 individual/20,000 institution
Subsequent Investment
Minimum of 1,000 individual/10,000 institution
Subscription & Redemption
Monday and Wednsday of every week
Subscription Fees
1.5% of subscribed amount
Management Fees
1% per annum
Redemption Fee
1.5% if exit before 30 days
Sharia Board
Yes
Bloomberg Code
ALINIPO AB EQUITY
Fund
Fund
3M -4.6%
YTD -4.6%
3Y N/A
5Y #N/A
10Y N/A
SI -4.4%
BM Gap
-8.1% 3.6%
-8.1% 3.6%
N/A N/A
N/A N/A
2016 4.9% -13.7%
#N/A #N/A 2015++ -4.5% -34.7%
-48.2% 43.9% 2014 N/A N/A
18.7%
30.2%
Fund BM Gap
Fund BM
Abbreviations * YTD: Year To Date
* SD: Standard Deviation
* SI: Since Inception
* Avg R: Average Return
* BM: Benchmark
BM
Avrg R -2.4% -29.6%
SD 11.1% 22.8%
Sharpe* -0.39 -1.38
N/A
Alpha** 6.3%
Beta** 0.34
Correlation**
0.70
* Free interest rate is taken to be the Saudi Interbank Average 12M ** relative to benchmark
Asset Class Distribution
Note: Statistics are based on Inception Date
Latest IPOs Listed Code
15.7% 18.7%
Cash Equity
Funds
Listing Dt
IPO Pr
Closing Pr
4320
Alandalus
Stock
RE Dev.
Sector
12-Jan-16
18.00
18.74
4.11%
4009
MEAHCO
Retail
29-Mar-16
64.00
73.99
15.61%
1304
22-May-16 Alyamamah Steel Building & Construction
39.60
28.31
-28.51%
4011
LAZURDE
37.00
25.10
-32.16%
Retail
29-Jun-16
Perform
Murabaha
Sukuk 65.7%
Top 10 Equity Holdings at the beginning of the Quarter
Equity Sector Allocation
Code
0%
10%
20%
30%
40%
Health Care Equipment & Svc Consumer Services Real Estate Mgmt & Development Banks Consumer Durables & Apparel Food & Beverages Utilities Food & Staples Retailing Commercial & Professional Svc Telecommunication Services
50%
60%
70%
80%
90%
Transportation Materials Retailing Capital Goods Energy Pharma, Biotech & Life Science Diversified Financials Media Real Estate Investment Trust Insurance
100%
4031 4009 1820 4007 3005 4320 4006 4008
Stock SGS Saudi German Hosptl Al Hokair Group Al Hammadi UACC ALANDALUS Farm Superstore SACO
Sector
% NAV
Transportation HealthCare Equipment & Svc Consumer Services HealthCare Equipment & Svc Materials Real Estate Mgmt & Dev't Food & Staples Retailing Retailing
15.0% 14.3% 12.4% 9.6% 6.0% 4.9% 1.2% 0.9%
Disclaimer This material was produced by Alinma Investment, a firm regulated by the Capital Market Authority of KSA. Past performance is not a guide to future returns. All the information contained in this document is believed to be reliable but may be inaccurate or incomplete. A full explanation of the characteristics of the investment is given in the prospectus. Any opinions stated are honestly held but are not guaranteed. The outlook expressed in this fact sheet represents the views of the fund manager at the time of preparation and are not necessarily those of the Alinma Investment as a whole. They may be subject to change and should not be interpreted as investment advice. The document is meant for financial promotion and does not provide you with all the facts you need to make an informed decision about investing and hence is not intended to constitute investment advice. The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable .Alinma Investment accepts no liability for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Alinma Investment shall have no responsibility or liability whatsoever in respect of any inaccuracy in or omission from this or any other document prepared by Alinma Investment for, or sent by Alinma Investment to any person and any such person shall be responsible for conducting his own investigation and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the securities forming the subject matter of this or other such document. Alinma Investment is authorized
Head Office اإلدارة العامة P. O. Box 66333 . ب.ص Riyadh 11576 الرياض KSA المملكة العربية السعودية Tel +966 (11) 218 5999 هاتف Fax +966 (11) 218 5970 فاكس
Alinma IPO Fund Approved by Alinma Sharia Board
Fourth Quarter 2016
C. R. No. 1010269764 | CMA License No. 09134 - 37
Fund's Objectives & Strategy
Quarterly Disclosure Details
The Fund aims to achieve long-term capital appreciation attained by investing mainly in Shariah-Compliant Initial Public Offerings of Saudi Companies, Right Issues and Rump Offering as well as ShariahComplaint Saudi Companies that have been listed in the Saudi Stock Exchange for 3 years or less. The Fund may also invest in shariah compliant funds with similar objectives.
2 - Total Fees & Charges for the Quarter
0.32%
3 - Profit Percentage Distributed
0.00%
4 - Fund Manager's Investment Percentage
0.00%
5 - Amont & Percentage of Dealing Expenses
0.03%
6 - RISK Standards & Index
Standard Deviation
7 - Performance Standards & Index
Sharpe Ratio
8 - Percentage of Borrowings to the NAV Fund's Information
0.00%
Performance & Risk Parameters
Asset Type
Open-ended Fund
120
Risk Level
High
100
Fund Manager
Alinma Investment Company
80
Fund Listing
Saudi Arabia
60
Launch Date
May 17, 2015
40
Benchmark
Alinma Saudi IPO Equities Islamic Index by IR
20
Inception Price (SAR)
10.00
Unit Price (SAR)
10.02
AUM (SAR)
292,262,098.37
Base Currency
Saudi Riyal
Initial Investment
5,000 individual/20,000 institution
Subsequent Investment
Minimum of 1,000 individual/10,000 institution
Subscription & Redemption
Monday and Wednsday of every week
Subscription Fees
1.5% of subscribed amount
Management Fees
1% per annum
Redemption Fee
1.5% if exit before 30 days
Sharia Board
Yes
Bloomberg Code
ALINIPO AB EQUITY
Fund
Fund BM Gap Fund BM Gap ++ Fund BM
Abbreviations * YTD: Year To Date
* SD: Standard Deviation
* SI: Since Inception
* Avg R: Average Return
* BM: Benchmark
3M YTD 21.0% 4.9% 43.2% -13.7% -22.2% 18.7% 2015 ++ -4.5% -34.7% 30.2%
BM
3Y 5Y #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 2014 0.0% 0.0% 0.0%
10Y N/A N/A N/A
SI 0.2% -43.7% 43.8% 2013 N/A N/A N/A
Launch date was 17th May 2015, partial performance for the year
Avrg R 0.1% -29.7%
SD 11.3% 23.9%
Sharpe* -0.16 -1.32
Alpha** 7.6%
Beta** 0.33
Correlation**
0.69
* Free interest rate is taken to be the Saudi Interbank Average 12M ** relative to benchmark
Asset Class Distribution
Note: Statistics are based on Inception Date
Newly Listed IPOs
Code
21.5%
14.9%
Cash Equity Funds
Murabaha
Listing Dt
IPO Pr
Closing Pr
4320
Alandalus
Stock
RE Dev.
Sector
12-Jan-16
18.00
19.64
9.11%
4009
MEAHCO
Retail
29-Mar-16
64.00
73.36
14.63%
1304
22-May-16 Alyamamah Steel Building & Construction
39.60
29.10
-26.52%
4011
LAZURDE
37.00
21.64
-41.51%
Retail
29-Jun-16
Perform
Sukuk
63.6%
1 - Top 10 Equity Holdings - at the beginning of the 4th Quarter 2016
Equity Sector Allocation
Code
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Retail
Transport
Hotel & Tourism
Cement
Real Estate Development
Banks & Financial Services
Industrial Investment
Petrochemical Industries
Agriculture & Food Industries
Building & Construction
Energy & Utilities
Multi-Investment
Insurance
Telecommunication & IT
Media and Publishing
Disclaimer
4031 4009 1820 3005 4320 4007 4006 4008
Stock
Sector
% NAV
Saudi Ground Services Co. Transport Middle East Healthcare Co. Retail Abdulmohsen Alhokair Group for Tourism Hotel and & Tourism Development Umm Al-Qura Cement Co. Cement Alandalus Property Co. Real Estate Development Al Hammadi Company for Development Retail and Investment Saudi Marketing Co. Retail Saudi Company for Hardware Retail
13.2% 7.8% 6.0% 5.4% 2.7% 2.6% 0.8% 0.1%
#NUM!
This material was produced by Alinma Investment, a firm regulated by the Capital Market Authority of KSA. Past performance is not a guide to future returns. All the information contained in this document is believed to be reliable but may be inaccurate or incomplete. A full explanation of the characteristics of the investment is given in the prospectus. Any opinions stated are honestly held but are not guaranteed. The outlook expressed in this fact sheet represents the views of the fund manager at the time of preparation and are not necessarily those of the Alinma Investment as a whole. They may be subject to change and should not be interpreted as investment advice. The document is meant for financial promotion and does not provide you with all the facts you need to make an informed decision about investing and hence is not intended to constitute investment advice. The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable .Alinma Investment accepts no liability for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Alinma Investment shall have no responsibility or liability whatsoever in respect of any inaccuracy in or omission from this or any other document prepared by Alinma Investment for, or sent by Alinma Investment to any person and any such person shall be responsible for conducting his own investigation and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the securities forming the subject matter of this or other such document. Alinma Investment is authorized and regulated by the Capital Market Authority(CMA) in the Kingdom of Saudi Arabia.
Head Office اإلدارة العامة P. O. Box 66333 . ب.ص
Riyadh 11576 الرياض KSA المملكة العربية السعودية Tel +966 (11) 218 5999 هاتف Fax +966 (11) 218 5970 فاكس www.alinmainvestment.com
1st Quarter 2017
C. R. No. 1010269764 | CMA License No. 09134 - 37
Fund's Objectives & Strategy
Quarterly Disclosure Details
The Fund aims to achieve long-term capital appreciation attained by investing mainly in Shariah-Compliant Initial Public Offerings of Saudi Companies, Right Issues and Rump Offering as well as ShariahComplaint Saudi Companies that have been listed in the Saudi Stock Exchange for 3 years or less. The Fund may also invest in shariah compliant funds with similar objectives.
2 - Total Fees & Charges for the Quarter
0.33%
3 - Profit Percentage Distributed
0.00%
4 - Fund Manager's Investment Percentage
0.00%
5 - Amont & Percentage of Dealing Expenses
0.02%
6 - RISK Standards & Index
Standard Deviation
7 - Performance Standards & Index
Sharpe Ratio
8 - Percentage of Borrowings to the NAV Fund's Information
0.00%
Performance & Risk Parameters
Asset Type
Open-ended Fund
120
Risk Level
High
100
Fund Manager
Alinma Investment Company
80
Fund Listing
Saudi Arabia
60
Launch Date
May 17, 2015
40
Benchmark
Alinma Saudi IPO Equities Islamic Index by IR
20
Inception Price (SAR)
10.00
Unit Price (SAR)
9.56
AUM (SAR)
234,558,712.55
Base Currency
Saudi Riyal
Initial Investment
5,000 individual/20,000 institution
Subsequent Investment
Minimum of 1,000 individual/10,000 institution
Subscription & Redemption
Monday and Wednsday of every week
Subscription Fees
1.5% of subscribed amount
Management Fees
1% per annum
Redemption Fee
1.5% if exit before 30 days
Sharia Board
Yes
Bloomberg Code
ALINIPO AB EQUITY
Fund
Fund
3M -4.6%
YTD -4.6%
3Y N/A
5Y #N/A
10Y N/A
SI -4.4%
BM Gap
-8.1% 3.6%
-8.1% 3.6%
N/A N/A
N/A N/A
2016 4.9% -13.7%
#N/A #N/A 2015++ -4.5% -34.7%
-48.2% 43.9% 2014 N/A N/A
18.7%
30.2%
Fund BM Gap
Fund BM
Abbreviations * YTD: Year To Date
* SD: Standard Deviation
* SI: Since Inception
* Avg R: Average Return
* BM: Benchmark
BM
Avrg R -2.4% -29.6%
SD 11.1% 22.8%
Sharpe* -0.39 -1.38
N/A
Alpha** 6.3%
Beta** 0.34
Correlation**
0.70
* Free interest rate is taken to be the Saudi Interbank Average 12M ** relative to benchmark
Asset Class Distribution
Note: Statistics are based on Inception Date
Latest IPOs Listed Code
15.7% 18.7%
Cash Equity
Funds
Listing Dt
IPO Pr
Closing Pr
4320
Alandalus
Stock
RE Dev.
Sector
12-Jan-16
18.00
18.74
4.11%
4009
MEAHCO
Retail
29-Mar-16
64.00
73.99
15.61%
1304
22-May-16 Alyamamah Steel Building & Construction
39.60
28.31
-28.51%
4011
LAZURDE
37.00
25.10
-32.16%
Retail
29-Jun-16
Perform
Murabaha
Sukuk 65.7%
Top 10 Equity Holdings at the beginning of the Quarter
Equity Sector Allocation
Code
0%
10%
20%
30%
40%
Health Care Equipment & Svc Consumer Services Real Estate Mgmt & Development Banks Consumer Durables & Apparel Food & Beverages Utilities Food & Staples Retailing Commercial & Professional Svc Telecommunication Services
50%
60%
70%
80%
90%
Transportation Materials Retailing Capital Goods Energy Pharma, Biotech & Life Science Diversified Financials Media Real Estate Investment Trust Insurance
100%
4031 4009 1820 4007 3005 4320 4006 4008
Stock SGS Saudi German Hosptl Al Hokair Group Al Hammadi UACC ALANDALUS Farm Superstore SACO
Sector
% NAV
Transportation HealthCare Equipment & Svc Consumer Services HealthCare Equipment & Svc Materials Real Estate Mgmt & Dev't Food & Staples Retailing Retailing
15.0% 14.3% 12.4% 9.6% 6.0% 4.9% 1.2% 0.9%
Disclaimer This material was produced by Alinma Investment, a firm regulated by the Capital Market Authority of KSA. Past performance is not a guide to future returns. All the information contained in this document is believed to be reliable but may be inaccurate or incomplete. A full explanation of the characteristics of the investment is given in the prospectus. Any opinions stated are honestly held but are not guaranteed. The outlook expressed in this fact sheet represents the views of the fund manager at the time of preparation and are not necessarily those of the Alinma Investment as a whole. They may be subject to change and should not be interpreted as investment advice. The document is meant for financial promotion and does not provide you with all the facts you need to make an informed decision about investing and hence is not intended to constitute investment advice. The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable .Alinma Investment accepts no liability for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Alinma Investment shall have no responsibility or liability whatsoever in respect of any inaccuracy in or omission from this or any other document prepared by Alinma Investment for, or sent by Alinma Investment to any person and any such person shall be responsible for conducting his own investigation and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the securities forming the subject matter of this or other such document. Alinma Investment is authorized
Head Office اإلدارة العامة P. O. Box 66333 . ب.ص Riyadh 11576 الرياض KSA المملكة العربية السعودية Tel +966 (11) 218 5999 هاتف Fax +966 (11) 218 5970 فاكس
Alinma IPO Fund Approved by Alinma Sharia Board
Fourth Quarter 2016
C. R. No. 1010269764 | CMA License No. 09134 - 37
Fund's Objectives & Strategy
Quarterly Disclosure Details
The Fund aims to achieve long-term capital appreciation attained by investing mainly in Shariah-Compliant Initial Public Offerings of Saudi Companies, Right Issues and Rump Offering as well as ShariahComplaint Saudi Companies that have been listed in the Saudi Stock Exchange for 3 years or less. The Fund may also invest in shariah compliant funds with similar objectives.
2 - Total Fees & Charges for the Quarter
0.32%
3 - Profit Percentage Distributed
0.00%
4 - Fund Manager's Investment Percentage
0.00%
5 - Amont & Percentage of Dealing Expenses
0.03%
6 - RISK Standards & Index
Standard Deviation
7 - Performance Standards & Index
Sharpe Ratio
8 - Percentage of Borrowings to the NAV Fund's Information
0.00%
Performance & Risk Parameters
Asset Type
Open-ended Fund
120
Risk Level
High
100
Fund Manager
Alinma Investment Company
80
Fund Listing
Saudi Arabia
60
Launch Date
May 17, 2015
40
Benchmark
Alinma Saudi IPO Equities Islamic Index by IR
20
Inception Price (SAR)
10.00
Unit Price (SAR)
10.02
AUM (SAR)
292,262,098.37
Base Currency
Saudi Riyal
Initial Investment
5,000 individual/20,000 institution
Subsequent Investment
Minimum of 1,000 individual/10,000 institution
Subscription & Redemption
Monday and Wednsday of every week
Subscription Fees
1.5% of subscribed amount
Management Fees
1% per annum
Redemption Fee
1.5% if exit before 30 days
Sharia Board
Yes
Bloomberg Code
ALINIPO AB EQUITY
Fund
Fund BM Gap Fund BM Gap ++ Fund BM
Abbreviations * YTD: Year To Date
* SD: Standard Deviation
* SI: Since Inception
* Avg R: Average Return
* BM: Benchmark
3M YTD 21.0% 4.9% 43.2% -13.7% -22.2% 18.7% 2015 ++ -4.5% -34.7% 30.2%
BM
3Y 5Y #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 2014 0.0% 0.0% 0.0%
10Y N/A N/A N/A
SI 0.2% -43.7% 43.8% 2013 N/A N/A N/A
Launch date was 17th May 2015, partial performance for the year
Avrg R 0.1% -29.7%
SD 11.3% 23.9%
Sharpe* -0.16 -1.32
Alpha** 7.6%
Beta** 0.33
Correlation**
0.69
* Free interest rate is taken to be the Saudi Interbank Average 12M ** relative to benchmark
Asset Class Distribution
Note: Statistics are based on Inception Date
Newly Listed IPOs
Code
21.5%
14.9%
Cash Equity Funds
Murabaha
Listing Dt
IPO Pr
Closing Pr
4320
Alandalus
Stock
RE Dev.
Sector
12-Jan-16
18.00
19.64
9.11%
4009
MEAHCO
Retail
29-Mar-16
64.00
73.36
14.63%
1304
22-May-16 Alyamamah Steel Building & Construction
39.60
29.10
-26.52%
4011
LAZURDE
37.00
21.64
-41.51%
Retail
29-Jun-16
Perform
Sukuk
63.6%
1 - Top 10 Equity Holdings - at the beginning of the 4th Quarter 2016
Equity Sector Allocation
Code
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Retail
Transport
Hotel & Tourism
Cement
Real Estate Development
Banks & Financial Services
Industrial Investment
Petrochemical Industries
Agriculture & Food Industries
Building & Construction
Energy & Utilities
Multi-Investment
Insurance
Telecommunication & IT
Media and Publishing
Disclaimer
4031 4009 1820 3005 4320 4007 4006 4008
Stock
Sector
% NAV
Saudi Ground Services Co. Transport Middle East Healthcare Co. Retail Abdulmohsen Alhokair Group for Tourism Hotel and & Tourism Development Umm Al-Qura Cement Co. Cement Alandalus Property Co. Real Estate Development Al Hammadi Company for Development Retail and Investment Saudi Marketing Co. Retail Saudi Company for Hardware Retail
13.2% 7.8% 6.0% 5.4% 2.7% 2.6% 0.8% 0.1%
#NUM!
This material was produced by Alinma Investment, a firm regulated by the Capital Market Authority of KSA. Past performance is not a guide to future returns. All the information contained in this document is believed to be reliable but may be inaccurate or incomplete. A full explanation of the characteristics of the investment is given in the prospectus. Any opinions stated are honestly held but are not guaranteed. The outlook expressed in this fact sheet represents the views of the fund manager at the time of preparation and are not necessarily those of the Alinma Investment as a whole. They may be subject to change and should not be interpreted as investment advice. The document is meant for financial promotion and does not provide you with all the facts you need to make an informed decision about investing and hence is not intended to constitute investment advice. The information provided should not be considered as a recommendation or solicitation to purchase, sell or hold these securities. It should also not be assumed that any investment in these securities was or will be, profitable .Alinma Investment accepts no liability for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Alinma Investment shall have no responsibility or liability whatsoever in respect of any inaccuracy in or omission from this or any other document prepared by Alinma Investment for, or sent by Alinma Investment to any person and any such person shall be responsible for conducting his own investigation and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the securities forming the subject matter of this or other such document. Alinma Investment is authorized and regulated by the Capital Market Authority(CMA) in the Kingdom of Saudi Arabia.
Head Office اإلدارة العامة P. O. Box 66333 . ب.ص
Riyadh 11576 الرياض KSA المملكة العربية السعودية Tel +966 (11) 218 5999 هاتف Fax +966 (11) 218 5970 فاكس www.alinmainvestment.com
