Equity Fund - Aljazira Capital
Equity Fund
AL-JAZIRA GCC INCOME FUND Month Ending October 2016
OBJECTIVE PRICE INFORMATION (End of October 2016) Net Asset Value Per Unit SAR 102.7137
Change (MoM) SAR▲2.4322 Chg % 2.43
Total Fund Units 411,306
Total Net Assets SAR 42,246,829.94
OBJECTIVE To achieve capital growth in the long term and provide income through dividends, from GCC equities that are Shariah compliant. The Fund will focus on dividend distributing equities.
SECTOR BREAKDOWN (% Total Net Assets)
PERFORMANCE (CHART) 180
Banks & Financial Petrochemical Telecom & IT Transport Agriculture & Food Insurance Cement USD-NASDAQ Dubai Others Cash
12
160
15
140
8 14
4 5
120 100
6 10
13 11
80 60 Jul-13
Jan-14
Jul-14
Jan-15
Fund
Jul-15
Jan-16
Jul-16
Benchmark
PERFORMANCE (TABLE)
FEATURES
1 Year
3 Years
5 Years
10 Years
Since Inception
Positive Performance (Months)
5
19
NA
NA
22
S&P GCC Composite Shariah Index (SPSHG)
Outperformance Against Benchmark (Months)
4
24
NA
NA
26
Minimum Subscription Value
5000
Short-term Return (%)
1 Month
3 Months
6 Months
QTD
YTD
Minimum Additional Subscription Value
500
Fund
2.13
-5.03
-7.58
2.13
-4.48
Minimum Redemption Value
500
Benchmark
2.28
-5.48
-8.66
Sunday to Thursday, except public holidays of the Kingdom
2.28
-7.04
Days of receiving application and redemptions Cut-off for receiving Applications and Redemptions
Cumulative Returns (%)
1 Year
3 Years
5 Years
10 Years
Since Inception
By 16:00 Sunday & Wednesday
Fund
-6.32
13.79
NA
NA
16.71
Trading and Valuation Days
Monday and Thursday
Benchmark
-10.64
-23.39
NA
NA
-19.81
Time to Payback the value of Redeemed fund units to participants
Up to 4 Working days
2.73
14.00
NA
NA
14.00
Subscription Fee
Up to 2.00%
Fund Management Fee
1.50%
PERFORMANCE (Annualized)
1 Year
3 Years
5 Years
10 Years
Since Inception
Performance Fee
NA
Excess Returns (%)
4.32
12.90
NA
NA
11.15
Other Expenses
Maximum of 0.50%
Alpha (%)
1.20
11.86
NA
NA
10.17
Custodian Fees
0.08%
Initial Offerring Date
Jun-2013
RISK (Annualized)
1 Year
3 Years
5 Years
10 Years
Since Inception
Unit Price at Initial Offering
100
Maximum Drawdown (%)
-10.75
-29.91
NA
NA
-29.91
Inception Date
Jul-2013
Standard Deviation (%)
14.60
18.34
NA
NA
17.42
Downside Risk (SSD) (%)
10.12
12.96
NA
NA
12.35
MARKET SENSITIVITY (Annualized)
1 Year
3 Years
5 Years
10 Years
Since Inception
Beta
0.74
0.88
NA
NA
0.86
1 Year
3 Years
5 Years
10 Years
Since Inception
Fund Type
Open Ended
Fund Domicile
Saudi Arabia
Fund Currency
Saudi Riyal
Benchmark
Track Record
Dividend Payout SAR
STATISTICAL ANALYSIS
TOP HOLDINGS % Fund Cur.Month STC
7.79
Al Rajhi
7.23
REWARD TO RISK (Annualized)
Bupa Arabia
5.97
Sharpe Ratio
-0.44
0.30
NA
5.58
NA
0.32
Advanced Alinma
4.55
Information Ratio
0.71
2.21
NA
NA
1.87
Tracking Error
0.06
0.06
NA
NA
0.06
DISCLAIMER
“AlJazira Capital is a Saudi company registered under CR number 1010351313, authorized by Capital Market Authority with license number 37-07076 in the address P.O Box 20438 Riyadh 11455 KSA. This document was prepared using data & information gathered from reliable sources, without any kind of guarantees or assurance or responsibility on the validity & accuracy of the information. Historic performance do not necessarily indicate future performance, fund assets are subject to a variety of risks normally associated with this type of investment, and investing in this fund may not be measured as a deposit at a bank or at the fund manager; investor must be aware that unit prices may appreciate or depreciate at any time. And, no assurances that the investment strategy will be implemented successfully or that the goals be achieved; no guarantees can be provided to the investor with regard to redeeming the initial investment amount or returns on investment for that matter. You are advised to refer to the related terms and conditions and read them thoroughly, including the article regarding the risks of the fund and take a professional consultation before making a decision with regard to investing in the fund or not.”
CONTACT DETAILS ALJAZIRA CAPITAL PO Box: 20438, Riyadh 11455, Kingdom of Saudi Arabia, Telephone: +966 112256000 - www.aljaziracapital.com.sa
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AL-JAZIRA GCC INCOME FUND Month Ending October 2016
OBJECTIVE PRICE INFORMATION (End of October 2016) Net Asset Value Per Unit SAR 102.7137
Change (MoM) SAR▲2.4322 Chg % 2.43
Total Fund Units 411,306
Total Net Assets SAR 42,246,829.94
OBJECTIVE To achieve capital growth in the long term and provide income through dividends, from GCC equities that are Shariah compliant. The Fund will focus on dividend distributing equities.
SECTOR BREAKDOWN (% Total Net Assets)
PERFORMANCE (CHART) 180
Banks & Financial Petrochemical Telecom & IT Transport Agriculture & Food Insurance Cement USD-NASDAQ Dubai Others Cash
12
160
15
140
8 14
4 5
120 100
6 10
13 11
80 60 Jul-13
Jan-14
Jul-14
Jan-15
Fund
Jul-15
Jan-16
Jul-16
Benchmark
PERFORMANCE (TABLE)
FEATURES
1 Year
3 Years
5 Years
10 Years
Since Inception
Positive Performance (Months)
5
19
NA
NA
22
S&P GCC Composite Shariah Index (SPSHG)
Outperformance Against Benchmark (Months)
4
24
NA
NA
26
Minimum Subscription Value
5000
Short-term Return (%)
1 Month
3 Months
6 Months
QTD
YTD
Minimum Additional Subscription Value
500
Fund
2.13
-5.03
-7.58
2.13
-4.48
Minimum Redemption Value
500
Benchmark
2.28
-5.48
-8.66
Sunday to Thursday, except public holidays of the Kingdom
2.28
-7.04
Days of receiving application and redemptions Cut-off for receiving Applications and Redemptions
Cumulative Returns (%)
1 Year
3 Years
5 Years
10 Years
Since Inception
By 16:00 Sunday & Wednesday
Fund
-6.32
13.79
NA
NA
16.71
Trading and Valuation Days
Monday and Thursday
Benchmark
-10.64
-23.39
NA
NA
-19.81
Time to Payback the value of Redeemed fund units to participants
Up to 4 Working days
2.73
14.00
NA
NA
14.00
Subscription Fee
Up to 2.00%
Fund Management Fee
1.50%
PERFORMANCE (Annualized)
1 Year
3 Years
5 Years
10 Years
Since Inception
Performance Fee
NA
Excess Returns (%)
4.32
12.90
NA
NA
11.15
Other Expenses
Maximum of 0.50%
Alpha (%)
1.20
11.86
NA
NA
10.17
Custodian Fees
0.08%
Initial Offerring Date
Jun-2013
RISK (Annualized)
1 Year
3 Years
5 Years
10 Years
Since Inception
Unit Price at Initial Offering
100
Maximum Drawdown (%)
-10.75
-29.91
NA
NA
-29.91
Inception Date
Jul-2013
Standard Deviation (%)
14.60
18.34
NA
NA
17.42
Downside Risk (SSD) (%)
10.12
12.96
NA
NA
12.35
MARKET SENSITIVITY (Annualized)
1 Year
3 Years
5 Years
10 Years
Since Inception
Beta
0.74
0.88
NA
NA
0.86
1 Year
3 Years
5 Years
10 Years
Since Inception
Fund Type
Open Ended
Fund Domicile
Saudi Arabia
Fund Currency
Saudi Riyal
Benchmark
Track Record
Dividend Payout SAR
STATISTICAL ANALYSIS
TOP HOLDINGS % Fund Cur.Month STC
7.79
Al Rajhi
7.23
REWARD TO RISK (Annualized)
Bupa Arabia
5.97
Sharpe Ratio
-0.44
0.30
NA
5.58
NA
0.32
Advanced Alinma
4.55
Information Ratio
0.71
2.21
NA
NA
1.87
Tracking Error
0.06
0.06
NA
NA
0.06
DISCLAIMER
“AlJazira Capital is a Saudi company registered under CR number 1010351313, authorized by Capital Market Authority with license number 37-07076 in the address P.O Box 20438 Riyadh 11455 KSA. This document was prepared using data & information gathered from reliable sources, without any kind of guarantees or assurance or responsibility on the validity & accuracy of the information. Historic performance do not necessarily indicate future performance, fund assets are subject to a variety of risks normally associated with this type of investment, and investing in this fund may not be measured as a deposit at a bank or at the fund manager; investor must be aware that unit prices may appreciate or depreciate at any time. And, no assurances that the investment strategy will be implemented successfully or that the goals be achieved; no guarantees can be provided to the investor with regard to redeeming the initial investment amount or returns on investment for that matter. You are advised to refer to the related terms and conditions and read them thoroughly, including the article regarding the risks of the fund and take a professional consultation before making a decision with regard to investing in the fund or not.”
CONTACT DETAILS ALJAZIRA CAPITAL PO Box: 20438, Riyadh 11455, Kingdom of Saudi Arabia, Telephone: +966 112256000 - www.aljaziracapital.com.sa
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