Money Market Fund - Aljazira Capital
Money Market Fund
AL-QAWAFEL FOR COMMODITIES TRADING FUND Month Ending July 2016
OBJECTIVE PRICE INFORMATION (End of July 2016) Net Asset Value Per Unit SAR 136.1707
Change (MoM) SAR▲ 0.3138 Chg % 0.23
Total Fund Units 15,620,986
Total Net Assets SAR 2,127,121,107.96
OBJECTIVE The main objective of the Fund is to provide investors with an opportunity of an attractive return on investments relative to the Benchmark from Murabaha trading.
ASSET BREAKDOWN (% Total Net Assets)
PERFORMANCE (CHART)
2 6
Murabaha Sukuk Other Investment
92
107 106 105 104 103 102 101 100 99 98 97 96 Feb -11
Oct -11
Jun -12
Feb -13
Oct -13
Fund
Feb -15
Oct -15
Jun -16
Benchmark
PERFORMANCE (TABLE)
FEATURES Fund Type
Open Ended
Fund Domicile
Saudi Arabia
Fund Currency
Saudi Riyal
Benchmark
SIBOR 1 - Month
Minimum Subscription Value
5000
Minimum Additional Subscription Value
Jun -14
500
1 Year
3 Years
5 Years
Positive Performance (Months)
12
36
60
Outperformance Against Benchmark (Months)
12
36
60
Track Record
1 Month
3 Months
6 Months
QTD
YTD
Fund (Annualised)
2.77
2.68
2.37
2.77
2.31
2.03
1.99
1.80
2.03
1.75
3 Years
5 Years
Short-term Return (%)
Minimum Redemption Value
500
Benchmark (Annualised)
Days of receiving application and redemptions
Sunday to Thursday, except public holidays of the Kingdom
Cumulative Returns (%)
1 Year
Cut-off for receiving Applications and Redemptions
By 16:00 Sunday & Wednesday
Fund
1.87
3.97
6.22
Trading and Valuation Days
From Sunday to Wednesday
Benchmark
1.36
2.61
3.80
Time to Payback the value of Redeemed Up to 4 Working days fund units to participants
STATISTICAL ANALYSIS
Subscription Fee
0.00%
Fund Management Fee
15% from Profit
PERFORMANCE (Annualized)
1 Year
3 Years
5 Years
Administration Fees
0.00%
Excess Returns (%)
0.52
0.44
0.47
Custodian Fees
0.00%
Alpha (%)
0.41
0.35
0.39
Initial Offerring Date
Oct-2000
Unit Price at Initial Offering
100
RISK (Annualized)
1 Year
3 Years
5 Years
Inception Date
Nov-2000
Maximum Drawdown (%)
0.00
0.00
0.00
Standard Deviation (%)
0.18
0.16
0.13
Downside Risk (SSD) (%)
0.13
0.08
0.06
MARKET SENSITIVITY (Annualized)
1 Year
3 Years
5 Years
Beta
1.16
1.21
1.18
REWARD TO RISK (Annualized)
1 Year
3 Years
5 Years
Sharpe Ratio
6.28
5.44
6.51
Information Ratio
9.92
9.42
10.03
Tracking Error
0.00
0.00
0.00
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-QAWAFEL FOR COMMODITIES TRADING FUND Month Ending July 2016
OBJECTIVE PRICE INFORMATION (End of July 2016) Net Asset Value Per Unit SAR 136.1707
Change (MoM) SAR▲ 0.3138 Chg % 0.23
Total Fund Units 15,620,986
Total Net Assets SAR 2,127,121,107.96
OBJECTIVE The main objective of the Fund is to provide investors with an opportunity of an attractive return on investments relative to the Benchmark from Murabaha trading.
ASSET BREAKDOWN (% Total Net Assets)
PERFORMANCE (CHART)
2 6
Murabaha Sukuk Other Investment
92
107 106 105 104 103 102 101 100 99 98 97 96 Feb -11
Oct -11
Jun -12
Feb -13
Oct -13
Fund
Feb -15
Oct -15
Jun -16
Benchmark
PERFORMANCE (TABLE)
FEATURES Fund Type
Open Ended
Fund Domicile
Saudi Arabia
Fund Currency
Saudi Riyal
Benchmark
SIBOR 1 - Month
Minimum Subscription Value
5000
Minimum Additional Subscription Value
Jun -14
500
1 Year
3 Years
5 Years
Positive Performance (Months)
12
36
60
Outperformance Against Benchmark (Months)
12
36
60
Track Record
1 Month
3 Months
6 Months
QTD
YTD
Fund (Annualised)
2.77
2.68
2.37
2.77
2.31
2.03
1.99
1.80
2.03
1.75
3 Years
5 Years
Short-term Return (%)
Minimum Redemption Value
500
Benchmark (Annualised)
Days of receiving application and redemptions
Sunday to Thursday, except public holidays of the Kingdom
Cumulative Returns (%)
1 Year
Cut-off for receiving Applications and Redemptions
By 16:00 Sunday & Wednesday
Fund
1.87
3.97
6.22
Trading and Valuation Days
From Sunday to Wednesday
Benchmark
1.36
2.61
3.80
Time to Payback the value of Redeemed Up to 4 Working days fund units to participants
STATISTICAL ANALYSIS
Subscription Fee
0.00%
Fund Management Fee
15% from Profit
PERFORMANCE (Annualized)
1 Year
3 Years
5 Years
Administration Fees
0.00%
Excess Returns (%)
0.52
0.44
0.47
Custodian Fees
0.00%
Alpha (%)
0.41
0.35
0.39
Initial Offerring Date
Oct-2000
Unit Price at Initial Offering
100
RISK (Annualized)
1 Year
3 Years
5 Years
Inception Date
Nov-2000
Maximum Drawdown (%)
0.00
0.00
0.00
Standard Deviation (%)
0.18
0.16
0.13
Downside Risk (SSD) (%)
0.13
0.08
0.06
MARKET SENSITIVITY (Annualized)
1 Year
3 Years
5 Years
Beta
1.16
1.21
1.18
REWARD TO RISK (Annualized)
1 Year
3 Years
5 Years
Sharpe Ratio
6.28
5.44
6.51
Information Ratio
9.92
9.42
10.03
Tracking Error
0.00
0.00
0.00
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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