JADWA INVESTMENT
JADWA INVESTMENT Jadwa Global Sukuk Fund
Fund Report– September 2015
NAV: 55,109,977
YTD: 1.18
Investment Strategy The fund follows a strategy that aims to maintain the highest possible degree of flexibility, to invest in all sectors through investing primarily in stocks listed on the Saudi Stock Market. Including companies of any intial offerings or ownership rights.
Fund Objective The fund aims to achieve capital gain over the medium-long term by investing in a diversified portfolio of stocks listed on the Saudi Stock Market companies.The fund also aims to perform better than the benchmark (Tadawul index TASI).
Statistics Analysis Performance (Annualized) Fund Average Return
Fund Annual Return
Year to date
1 year
3 years 5 years
0.03%
1%
Since Inception
2.03%
2.87%
0.33%
23.44%
32.30% 07.02% 00.60% 04.16%
Unit Price: 125.4138
Asset Class: Open-Ended
Inception Date: 08-10-2007
Fund Manager: Jadwa Investment
Fund Classification: Growth
Fund Benchmark: 3-Month LIBOR + 100bps
Fund Category: Sukuk
Fund Currency: USD
Price Since Inception: SAR 100.00
Min. Subscription
00,111.11 Min.
Subscription Fee
% 0.11
Redemption Fee
%1.11
Management Fee
% 0.11
Performance Fee
% 1.11
Management Fee Type
Per annum
Custodian Fee
% 1.11
0,111.11
Redemption
Comment Fund Standard Deviation
Fund Sharpe Ratio
29.71%
1.72
34.39% 22.48% 20.21% 22.61%
1.88
1.67
1.04
1.03
Jadwa Global Sukuk Fund has came in the 6th position - based on Sharpe ratio- among the Mutual Funds listed on Saudi Stock Market , with value reached 1.72 by the end of the third interim 2100 The fund invest in all sectors through investing primarily in stocks listed on the Saudi Stock Market. With Average Annual Return of 2.03%. While the Standard Deviation has reached 29.71% compared to 34.39% during the last year, which indicates the decrease of the risk level.
Sector Breakdown
Portfolio Composition
% of NAV
Sectors
Percentage & NAV
Banks
%39.9
Sovereign Cash & Cash Equivalents Electric
%03.4
Real Estate
%0.7
Airlines
%4.2
Others
%06.1
%00.0 %9.6
Banks
Fund Return
Sovereign
Cash & Cash Equivalents
Electric
Real Estate
Airlines
Others
Fund Return
Period
Fund Return
Fund Return
30.00%
0 Month
%1.0727
25.00%
3 Months
% 1.4097
6 Months
%1.4100
YTD
%0.0808
0 year
% 0.4878
20.00%
15.00%
10.00%
5.00%
0.00% 1 Month
Since Inception
3 Months
6 Months
YTD
Price Fluctuations 2015
Assets & Liabilities
Price Fluctuations
Dec- 2014 Total Assets Total Liabilities Total Equity
Jun-2015
28,836,668
46,061,641
41,207
94,961
126
125.5
125
124.5
28,796,400
46,460,681
921,637
060,796
124
123.5
Net Income
1 year
20.4038%
123
2
Since Inception
Performance
The Fund’s YTD reached 0.08% on 29-19-2100 compared to YTD 1.77% on 30-3-2100 which indicates an increase in Q3 of 1.40%.
The Risk Level in this fund is medium-low.
THIRD INTERIM REPORT
FUND MANAGER: JADWA INVESTMENT
Argaam Plus
JADWA GLOBAL SUKUK FUND
Mutual Funds Team
3
Fund Report– September 2015
NAV: 55,109,977
YTD: 1.18
Investment Strategy The fund follows a strategy that aims to maintain the highest possible degree of flexibility, to invest in all sectors through investing primarily in stocks listed on the Saudi Stock Market. Including companies of any intial offerings or ownership rights.
Fund Objective The fund aims to achieve capital gain over the medium-long term by investing in a diversified portfolio of stocks listed on the Saudi Stock Market companies.The fund also aims to perform better than the benchmark (Tadawul index TASI).
Statistics Analysis Performance (Annualized) Fund Average Return
Fund Annual Return
Year to date
1 year
3 years 5 years
0.03%
1%
Since Inception
2.03%
2.87%
0.33%
23.44%
32.30% 07.02% 00.60% 04.16%
Unit Price: 125.4138
Asset Class: Open-Ended
Inception Date: 08-10-2007
Fund Manager: Jadwa Investment
Fund Classification: Growth
Fund Benchmark: 3-Month LIBOR + 100bps
Fund Category: Sukuk
Fund Currency: USD
Price Since Inception: SAR 100.00
Min. Subscription
00,111.11 Min.
Subscription Fee
% 0.11
Redemption Fee
%1.11
Management Fee
% 0.11
Performance Fee
% 1.11
Management Fee Type
Per annum
Custodian Fee
% 1.11
0,111.11
Redemption
Comment Fund Standard Deviation
Fund Sharpe Ratio
29.71%
1.72
34.39% 22.48% 20.21% 22.61%
1.88
1.67
1.04
1.03
Jadwa Global Sukuk Fund has came in the 6th position - based on Sharpe ratio- among the Mutual Funds listed on Saudi Stock Market , with value reached 1.72 by the end of the third interim 2100 The fund invest in all sectors through investing primarily in stocks listed on the Saudi Stock Market. With Average Annual Return of 2.03%. While the Standard Deviation has reached 29.71% compared to 34.39% during the last year, which indicates the decrease of the risk level.
Sector Breakdown
Portfolio Composition
% of NAV
Sectors
Percentage & NAV
Banks
%39.9
Sovereign Cash & Cash Equivalents Electric
%03.4
Real Estate
%0.7
Airlines
%4.2
Others
%06.1
%00.0 %9.6
Banks
Fund Return
Sovereign
Cash & Cash Equivalents
Electric
Real Estate
Airlines
Others
Fund Return
Period
Fund Return
Fund Return
30.00%
0 Month
%1.0727
25.00%
3 Months
% 1.4097
6 Months
%1.4100
YTD
%0.0808
0 year
% 0.4878
20.00%
15.00%
10.00%
5.00%
0.00% 1 Month
Since Inception
3 Months
6 Months
YTD
Price Fluctuations 2015
Assets & Liabilities
Price Fluctuations
Dec- 2014 Total Assets Total Liabilities Total Equity
Jun-2015
28,836,668
46,061,641
41,207
94,961
126
125.5
125
124.5
28,796,400
46,460,681
921,637
060,796
124
123.5
Net Income
1 year
20.4038%
123
2
Since Inception
Performance
The Fund’s YTD reached 0.08% on 29-19-2100 compared to YTD 1.77% on 30-3-2100 which indicates an increase in Q3 of 1.40%.
The Risk Level in this fund is medium-low.
THIRD INTERIM REPORT
FUND MANAGER: JADWA INVESTMENT
Argaam Plus
JADWA GLOBAL SUKUK FUND
Mutual Funds Team
3
