ITQAN CAPITAL Itqan fund for Murabhat and Sukuk
ITQAN CAPITAL Itqan fund for Murabhat and Sukuk Unit Price: 7,7 9,91
YTD: %7711
Investment Strategy The fund will invest primarily in the Saudi market in a diversified portfolio of high-quality Islamic short-term instruments including; commodity Murabaha-based transactions, Various kinds of Sukuk, directly or indirectly with maximum 60% of funds' net asset value .
Fund Objective The fund aims to achieve superior returns for investors in the short and medium term, that comply with shariah standards and preserve invested capital with providing a redemption techniques that attain a certain risk level.
Statistics Analysis Performance (Annualized) Fund Average Return
Fund Annual Return
Fund Standard Deviation
Fund Sharpe Ratio
Year to date
1.30%
1 year
3 years
5 Years
Since Inception
1.78%
2.26%
1.33%
1.53%
15.20%
20.33%
20.30%
7.85%
7.84%
15.81%
24.45%
45.27%
44.55%
50.90%
0.84
Fund Report– September 2015
0.75
0.40
0.13
0.11
NAV:960,340,58
Asset Class: Open-Ended
Inception Date: 04-08-2008
Fund Manager: itqan capital
Fund Classification: Capital Preservation
Fund Benchmark: SIBID 3 months
Fund Category: Money Market
Fund Currency: Saudi Riyal
Price Since Inception: SAR 10.00
Min. Subscription
050555
Min. Redemption
10,000
Subscription Fee
% 5055
Redemption Fee
%0005
Management Fee
% 50.0
Performance Fee
% 5055
Management Fee Type
Per annum
Custodian Fee % 5055
Comment Itqan fund for Murabhat and Sukuk fund has came in the 5th position - based on Sharpe ratio- among the Mutual Funds listed on Saudi Stock Market , with value reached 0.84 by the end of the third interim 2015 The fund will invest primarily in the Saudi market in a diversified portfolio of high-quality Islamic short-term instruments including; commodity Murabaha-based transactions, Various kinds of Sukuk with Average Annual Return of 1.30% While the Standard Deviation has reached 15.81% compared to 24.45% during the last year , which indicates the decrease of the risk level.
Portfolio composition Sectors
Sector Breakdown
Percentage of NAV
Murabaha
%50
Sukuk
%.2
Funds
%0
Cash
%5
Fund Return Period
Fund Return
Fund Return Versus Benchmark
0.22%
1 Month 3Months
0.54%
6 Months
0.94%
YTD
1.77%
1 Year
2.35%
3 Year
4.83%
5 year
6.13%
Since Inception
8.09%
Assets & Liabilities Dec- 2014 Total Assets Total Liabilities
Price Fluctuations 2015 Jun-2015
23,704,300
72,307,990
84,918
15,102,727
23,619,382
57,205,263
216,161
436,183
Total Equity
Net Income
2
Performance
The Fund’s YTD reached 1.77% on 30-09-2015 compared to YTD 0.84% on 29-3-2015 which indicates an increase in Q3 of 0.93%
The Risk Level in this fund is medium-low
Third Interim Report
Fund Manager: Itqan Capital
Argaam Plus
Fund :Itqan fund for Murabhat and Sukuk
Mutual Funds Team
3
YTD: %7711
Investment Strategy The fund will invest primarily in the Saudi market in a diversified portfolio of high-quality Islamic short-term instruments including; commodity Murabaha-based transactions, Various kinds of Sukuk, directly or indirectly with maximum 60% of funds' net asset value .
Fund Objective The fund aims to achieve superior returns for investors in the short and medium term, that comply with shariah standards and preserve invested capital with providing a redemption techniques that attain a certain risk level.
Statistics Analysis Performance (Annualized) Fund Average Return
Fund Annual Return
Fund Standard Deviation
Fund Sharpe Ratio
Year to date
1.30%
1 year
3 years
5 Years
Since Inception
1.78%
2.26%
1.33%
1.53%
15.20%
20.33%
20.30%
7.85%
7.84%
15.81%
24.45%
45.27%
44.55%
50.90%
0.84
Fund Report– September 2015
0.75
0.40
0.13
0.11
NAV:960,340,58
Asset Class: Open-Ended
Inception Date: 04-08-2008
Fund Manager: itqan capital
Fund Classification: Capital Preservation
Fund Benchmark: SIBID 3 months
Fund Category: Money Market
Fund Currency: Saudi Riyal
Price Since Inception: SAR 10.00
Min. Subscription
050555
Min. Redemption
10,000
Subscription Fee
% 5055
Redemption Fee
%0005
Management Fee
% 50.0
Performance Fee
% 5055
Management Fee Type
Per annum
Custodian Fee % 5055
Comment Itqan fund for Murabhat and Sukuk fund has came in the 5th position - based on Sharpe ratio- among the Mutual Funds listed on Saudi Stock Market , with value reached 0.84 by the end of the third interim 2015 The fund will invest primarily in the Saudi market in a diversified portfolio of high-quality Islamic short-term instruments including; commodity Murabaha-based transactions, Various kinds of Sukuk with Average Annual Return of 1.30% While the Standard Deviation has reached 15.81% compared to 24.45% during the last year , which indicates the decrease of the risk level.
Portfolio composition Sectors
Sector Breakdown
Percentage of NAV
Murabaha
%50
Sukuk
%.2
Funds
%0
Cash
%5
Fund Return Period
Fund Return
Fund Return Versus Benchmark
0.22%
1 Month 3Months
0.54%
6 Months
0.94%
YTD
1.77%
1 Year
2.35%
3 Year
4.83%
5 year
6.13%
Since Inception
8.09%
Assets & Liabilities Dec- 2014 Total Assets Total Liabilities
Price Fluctuations 2015 Jun-2015
23,704,300
72,307,990
84,918
15,102,727
23,619,382
57,205,263
216,161
436,183
Total Equity
Net Income
2
Performance
The Fund’s YTD reached 1.77% on 30-09-2015 compared to YTD 0.84% on 29-3-2015 which indicates an increase in Q3 of 0.93%
The Risk Level in this fund is medium-low
Third Interim Report
Fund Manager: Itqan Capital
Argaam Plus
Fund :Itqan fund for Murabhat and Sukuk
Mutual Funds Team
3
