Saudi Fransi Emerging Markets Fixed Income Fund
Saudi Fransi Emerging Markets Fixed Income Fund Profile Portfolio Investment October 2012 April 2016
Fund Investment Profile
Investment Features
Risk Level: High
Saudi Fransi Emerging Market Fixed Income fund, invests all of its assets, excluding cash, in the BNY Melon Emerging Markets Debt Fund (Class "A" in US Dollar).The fund objective is To provide capital appreciation and generate income to investors through investing in a portfolio of bonds and other debt instruments from emerging markets worldwide. The Fund will aim to distribute a quarterly dividend to its unitholders which is expected to be a maximum of 5% per annum subject to the Fund Board of Directors approval.
Investment Universe: Emerging Markets
Fund Performance (Pre-dividends)
NAV at Inception: SAR 100 Comparative Index: JP Morgan EMBI Global
Fund Currency: SAR
130 125
Date of Inception: November 14th 2012 /
EMFI
120
29-Dhu al-Hijja-1433
Benchmark
115
Administration Features
110
Subscription Fees: up to 2%
105
Management Fees: 1.5% p.a of the Fund’s
100
NAVs
95
Minimum Subscription: SAR 2,000
90 85
Minimum Additional Subscription: SAR 1,000
Valuation/Dealing Days: Tuesday& Thursday. Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon (KSA Time)
th
As of 28 of April 2016
NAV
In SAR
88.4338
Fund size (M) 16.16
Fund’s Dividends (In SAR)
Mar
2016
0.50
--
--
--
2015
0.50
0.50
0.50
0.50
0.50 1.24408 --
1.00 0.68 --
0.50 0.45 --
0.50 0.50 0.51
Redemption Payment: Before the fourth business day succeeding the dealing day.
2014 2013 2012 May Jun
Jul
Aug
Jun
Sep
Sep
Oct
Dec
YTD
SI
--
3.65%
-11.57%
-2.89%
-5.05%
-14.68%
-0.56% -8.84% --
-10.14% -6.25% 1.78%
Jan
Feb
Mar
Apr
Nov
Dec
*2016
-2.35%
1.32%
3.50%
1.22%
--
--
--
--
--
--
--
*2015 *2014 *2013 *2012
-0.55%
0.96%
0.50%
1.17%
-0.45%
-1.84%
-0.56%
-2.40%
-2.81%
3.75%
0.14%
-1.39% -1.03% --
1.90% -0.96% --
1.24% 1.02% --
0.97% 0.15% --
3.36% -2.84% --
0.82% -6.76% --
-0.51% 2.09% --
-0.23% -3.46% --
-2.37% 3.13% --
-0.10% 2.61% --
-0.19% -2.46% 0.27%
-3.85% 0.27% 1.50%
(*) pre-dividends performance
Top Five Holdings
Country Allocation (%) Mexico
ID Republic
Russia
14
Indonesia
GE Railway MX UMS VE Republic CS Republic
9
Turkey
43
Brazil
7 6
6 4
4
4
5
Argentina Kazakhstan Serbia and Montenegro
China Others
Investing in the fund is not guaranteed. The unit price may fall, and investors may get back less than what they have invested, Past performance is not necessarily a guide to future performance. Subscription fees will be applied. Dividend distribution is subject to change at the Fund Manager discretion, and the distributed cash shall be deducted from the NAV of the Fund. 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 a Saudi Limited Company 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
Fund Investment Profile
Investment Features
Risk Level: High
Saudi Fransi Emerging Market Fixed Income fund, invests all of its assets, excluding cash, in the BNY Melon Emerging Markets Debt Fund (Class "A" in US Dollar).The fund objective is To provide capital appreciation and generate income to investors through investing in a portfolio of bonds and other debt instruments from emerging markets worldwide. The Fund will aim to distribute a quarterly dividend to its unitholders which is expected to be a maximum of 5% per annum subject to the Fund Board of Directors approval.
Investment Universe: Emerging Markets
Fund Performance (Pre-dividends)
NAV at Inception: SAR 100 Comparative Index: JP Morgan EMBI Global
Fund Currency: SAR
130 125
Date of Inception: November 14th 2012 /
EMFI
120
29-Dhu al-Hijja-1433
Benchmark
115
Administration Features
110
Subscription Fees: up to 2%
105
Management Fees: 1.5% p.a of the Fund’s
100
NAVs
95
Minimum Subscription: SAR 2,000
90 85
Minimum Additional Subscription: SAR 1,000
Valuation/Dealing Days: Tuesday& Thursday. Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon (KSA Time)
th
As of 28 of April 2016
NAV
In SAR
88.4338
Fund size (M) 16.16
Fund’s Dividends (In SAR)
Mar
2016
0.50
--
--
--
2015
0.50
0.50
0.50
0.50
0.50 1.24408 --
1.00 0.68 --
0.50 0.45 --
0.50 0.50 0.51
Redemption Payment: Before the fourth business day succeeding the dealing day.
2014 2013 2012 May Jun
Jul
Aug
Jun
Sep
Sep
Oct
Dec
YTD
SI
--
3.65%
-11.57%
-2.89%
-5.05%
-14.68%
-0.56% -8.84% --
-10.14% -6.25% 1.78%
Jan
Feb
Mar
Apr
Nov
Dec
*2016
-2.35%
1.32%
3.50%
1.22%
--
--
--
--
--
--
--
*2015 *2014 *2013 *2012
-0.55%
0.96%
0.50%
1.17%
-0.45%
-1.84%
-0.56%
-2.40%
-2.81%
3.75%
0.14%
-1.39% -1.03% --
1.90% -0.96% --
1.24% 1.02% --
0.97% 0.15% --
3.36% -2.84% --
0.82% -6.76% --
-0.51% 2.09% --
-0.23% -3.46% --
-2.37% 3.13% --
-0.10% 2.61% --
-0.19% -2.46% 0.27%
-3.85% 0.27% 1.50%
(*) pre-dividends performance
Top Five Holdings
Country Allocation (%) Mexico
ID Republic
Russia
14
Indonesia
GE Railway MX UMS VE Republic CS Republic
9
Turkey
43
Brazil
7 6
6 4
4
4
5
Argentina Kazakhstan Serbia and Montenegro
China Others
Investing in the fund is not guaranteed. The unit price may fall, and investors may get back less than what they have invested, Past performance is not necessarily a guide to future performance. Subscription fees will be applied. Dividend distribution is subject to change at the Fund Manager discretion, and the distributed cash shall be deducted from the NAV of the Fund. 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 a Saudi Limited Company 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
