MEFIC Murabaha Fundâ November 2016
MEFIC Murabaha Fund– November 2016 Fund Objective
Performance
To provide capital increase and liquidity through investment in low risk money market instruments which are shariah compliant and provide a return above 3 month SAIBOR.
Performance Fund Benchmark Alpha
Fund Facts
Not Annualized if less than 1 Year 3 Months 0.88% 0.25% 0.63%
6 Months 1.56% 0.53% 1.04%
1 Year 2.68% 1.03% 1.66%
2015 1.39% 0.61%
2014 2.31% 0.72%
Since Inception 2.37% 1.06%
0.78%
1.60%
1.31%
Fund Type
Open End
Risk Level
Low
Custodian Auditors
MEFIC Capital BDO Dr.Mohammad Amri
Benchmark
3 Month SAIBOR
Listing
TADAWUL
Benchmark
Daily
Performance Annualized Return
Fund
Valuation Days
2.78%
1.04%
Fund Assets
SAR 304 million
Standard Deviation
0.2%
0.0%
Min Initial Investment
SAR 2,000
Min Add Investment
SAR 500
110.00
Min Redeem. Amount
SAR 2,000
109.00
Management Fees
0.5% per annum
Other Fees
NIL
Inception Date
1 Mar 2011
st
Fund Allocations
Performance Fund Benchmark Alpha
YTD 2.78% 1.04% 1.75%
Fund Performance SAR 100 Invested Since Inception
108.00 107.00 106.00 105.00 104.00
SUKUK 9%
103.00 Cash 13%
102.00 101.00
TASI
MEFIC Murabaha Fund
Mar-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Jan-12 Mar-12 May-12 Jul-12 Sep-12 Oct-12 Dec-12 Feb-13 Apr-13 Jun-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Sep-16 Nov-16
100.00
Murabaha 78%
MEFIC Murabaha Fund is amongst the top ranked fund in its category as per Tadawul listings for the past 4 years.
Contact Information MEFIC Website
www.mefic.com.sa
Bloomberg
MEFSRMF
Lipper
LP68087409
Tadawul
www.Tadawul.com.sa 7758, 1st Floor Al Mada Building, King Fahad Road, Riyadh, Saudi Arabia
Address Phone
00966 11 218 6666
Email
[email protected]
Disclaimer All investments in Mutual Funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of future results. The investors are advised in their own interest to carefully read the Offering Document in particular the risk disclosures and warning statements in contained respective Offering Documents.
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Performance
To provide capital increase and liquidity through investment in low risk money market instruments which are shariah compliant and provide a return above 3 month SAIBOR.
Performance Fund Benchmark Alpha
Fund Facts
Not Annualized if less than 1 Year 3 Months 0.88% 0.25% 0.63%
6 Months 1.56% 0.53% 1.04%
1 Year 2.68% 1.03% 1.66%
2015 1.39% 0.61%
2014 2.31% 0.72%
Since Inception 2.37% 1.06%
0.78%
1.60%
1.31%
Fund Type
Open End
Risk Level
Low
Custodian Auditors
MEFIC Capital BDO Dr.Mohammad Amri
Benchmark
3 Month SAIBOR
Listing
TADAWUL
Benchmark
Daily
Performance Annualized Return
Fund
Valuation Days
2.78%
1.04%
Fund Assets
SAR 304 million
Standard Deviation
0.2%
0.0%
Min Initial Investment
SAR 2,000
Min Add Investment
SAR 500
110.00
Min Redeem. Amount
SAR 2,000
109.00
Management Fees
0.5% per annum
Other Fees
NIL
Inception Date
1 Mar 2011
st
Fund Allocations
Performance Fund Benchmark Alpha
YTD 2.78% 1.04% 1.75%
Fund Performance SAR 100 Invested Since Inception
108.00 107.00 106.00 105.00 104.00
SUKUK 9%
103.00 Cash 13%
102.00 101.00
TASI
MEFIC Murabaha Fund
Mar-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Jan-12 Mar-12 May-12 Jul-12 Sep-12 Oct-12 Dec-12 Feb-13 Apr-13 Jun-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Sep-16 Nov-16
100.00
Murabaha 78%
MEFIC Murabaha Fund is amongst the top ranked fund in its category as per Tadawul listings for the past 4 years.
Contact Information MEFIC Website
www.mefic.com.sa
Bloomberg
MEFSRMF
Lipper
LP68087409
Tadawul
www.Tadawul.com.sa 7758, 1st Floor Al Mada Building, King Fahad Road, Riyadh, Saudi Arabia
Address Phone
00966 11 218 6666
[email protected]
Disclaimer All investments in Mutual Funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of future results. The investors are advised in their own interest to carefully read the Offering Document in particular the risk disclosures and warning statements in contained respective Offering Documents.
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