Money Market Fund SAR
Money Market Fund SAR July 2017
Investment Features NAV at Inception: SAR 10 6 months to 1 year
Comparative Index: 1 Week SAR deposit rate
Money Market SAR fund is considered low risk fund, aiming to generate market returns, net of fees with an emphases on capital preservation and liquidity. The fund invests in financial instruments, such as bank deposits and Assessment and purchase of debit instruments and Sukuk that achieve the fund’s investment objectives such as providing required liquidity and capital appreciations deemed by the fund manager.
LOW
Risk Level: Low Investment Universe: Money Market 1 Fund WeekCurrency: SAR deposit SARrate
110 109 MMF SAR
108
Benchmark
107 106
Date of Inception: SAR
11-July-1987 / 15-Dhul-Qa’da-1407
105 104 103
11-July-1987 / 15-Dhul-Qa’da-1407
Administration Features Subscription Fees: None
102 101 100
1% of invested amount, paid upfront
Management Fees: 0.50% p.a. of fund’s NAV
0.50% p.a of fund’s NAV
Minimum Subscription: SAR 2000
As of 31th of July 2017 In SAR
1,187
26.1206
SAR 2000
Dealing Days: Every Saudi business day.
Every business day in Saudi Arabia
Announcement Days: The day that business succeedsday the days Every in dealing Saudi Arabia
July - 17
* *
2016
2015
Average Annual Perf Since Inception
1.22%
1.72%
1.96%
0.93%
3.24%
0.95%
0.89%
1.36%
0.37%
2.27%
(*) Fund and Benchmark Performances are annualized.
Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon KSA. Redemption Payment: Within four Saudi business days from the dealing day.
**LTM
*
*
*
2.05%
1.44%
1.25%
1.59%
1.01%
2.35%
2.90%
9.09%
(*) as end of July 2017
(**) Last Twelve Months
Fund and Benchmark Performances are annualized.
Asset Allocation 8%
Deposits / Cash
Sukuks/Bonds 92%
Past performance is not necessarily a guide to future performance. The purchase of a unit in the Fund is not the same as placing cash on deposit with a local bank. The fund manager has no obligation to redeem units at the offer value, and the value of units and the income from them can go down as well as up. The fund may not be suitable for all investors; in case of any doubt the investor should seek advice from his investment adviser. The Fund Terms and Conditions (as well as the fund’s financial statements), are available in the Company’s investment centers and on its website and contains detailed information including the risk levels of investing in the fund, the investor must read them prior to making his investment decision. Saudi Fransi Capital or its affiliates may invest into the fund or its related securities. Saudi Fransi Capital is providing or may have provided during the past 12 months investment services to one or more of the companies which the fund is investing in. Saudi Fransi Capital, Closed Joint Stock Company owned by Banque Saudi Fransi licensed by Capital Market Authority, License No. (11153/37) C.R. 1010231217. Head Office, P.O.Box 23454, Riyadh 11426, Saudi Arabia- Tel: (011) 2826666- Fax: (011) 2826621
Investment Features NAV at Inception: SAR 10 6 months to 1 year
Comparative Index: 1 Week SAR deposit rate
Money Market SAR fund is considered low risk fund, aiming to generate market returns, net of fees with an emphases on capital preservation and liquidity. The fund invests in financial instruments, such as bank deposits and Assessment and purchase of debit instruments and Sukuk that achieve the fund’s investment objectives such as providing required liquidity and capital appreciations deemed by the fund manager.
LOW
Risk Level: Low Investment Universe: Money Market 1 Fund WeekCurrency: SAR deposit SARrate
110 109 MMF SAR
108
Benchmark
107 106
Date of Inception: SAR
11-July-1987 / 15-Dhul-Qa’da-1407
105 104 103
11-July-1987 / 15-Dhul-Qa’da-1407
Administration Features Subscription Fees: None
102 101 100
1% of invested amount, paid upfront
Management Fees: 0.50% p.a. of fund’s NAV
0.50% p.a of fund’s NAV
Minimum Subscription: SAR 2000
As of 31th of July 2017 In SAR
1,187
26.1206
SAR 2000
Dealing Days: Every Saudi business day.
Every business day in Saudi Arabia
Announcement Days: The day that business succeedsday the days Every in dealing Saudi Arabia
July - 17
* *
2016
2015
Average Annual Perf Since Inception
1.22%
1.72%
1.96%
0.93%
3.24%
0.95%
0.89%
1.36%
0.37%
2.27%
(*) Fund and Benchmark Performances are annualized.
Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon KSA. Redemption Payment: Within four Saudi business days from the dealing day.
**LTM
*
*
*
2.05%
1.44%
1.25%
1.59%
1.01%
2.35%
2.90%
9.09%
(*) as end of July 2017
(**) Last Twelve Months
Fund and Benchmark Performances are annualized.
Asset Allocation 8%
Deposits / Cash
Sukuks/Bonds 92%
Past performance is not necessarily a guide to future performance. The purchase of a unit in the Fund is not the same as placing cash on deposit with a local bank. The fund manager has no obligation to redeem units at the offer value, and the value of units and the income from them can go down as well as up. The fund may not be suitable for all investors; in case of any doubt the investor should seek advice from his investment adviser. The Fund Terms and Conditions (as well as the fund’s financial statements), are available in the Company’s investment centers and on its website and contains detailed information including the risk levels of investing in the fund, the investor must read them prior to making his investment decision. Saudi Fransi Capital or its affiliates may invest into the fund or its related securities. Saudi Fransi Capital is providing or may have provided during the past 12 months investment services to one or more of the companies which the fund is investing in. Saudi Fransi Capital, Closed Joint Stock Company owned by Banque Saudi Fransi licensed by Capital Market Authority, License No. (11153/37) C.R. 1010231217. Head Office, P.O.Box 23454, Riyadh 11426, Saudi Arabia- Tel: (011) 2826666- Fax: (011) 2826621
