Saudi Fransi Emerging Markets Fixed Income Fund
Saudi Fransi Emerging Markets Fixed Income Fund Profile Portfolio Investment October 2012 February 2017
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)
Fund Currency: SAR
130
NAV at Inception: SAR 100 Comparative Index: JP Morgan EMBI Global
125
Date of Inception: November 14th 2012 /
EMFI
120
29-Dhu al-Hijja-1433
Benchmark
115
Administration Features
110
Subscription Fees: up to 2%
105 100
Management Fees: 1.5% p.a of the Fund’s
95
NAVs
90
Minimum Subscription: SAR 2,000
85
Minimum Additional Subscription: SAR 1,000 th
Valuation/Dealing Days: Tuesday& Thursday.
As of 28 of February 2017
NAV
In SAR
94.2032
Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon (KSA Time)
Mar
Apr
Since Inception Performance -5.80%
16.08
Fund’s Dividends
Mar
Jun
Sep
Dec
2016
0.500%
0.500%
1.000%
0.500%
2015
0.500%
0.500%
0.500%
0.500%
0.500% 1.250% --
1.000% 0.750% --
0.500% 0.500% --
0.500% 0.500% 0.500%
Redemption Payment: Before the fourth business day succeeding the dealing day.
Fund size (M)
2014 2013 2012 May Jun
Jan
Feb
Jul
Aug
Sep
Oct
Nov
Dec
YTD
*2017
0.98%
2.48%
--
--
--
--
--
--
--
--
*2016
-2.35%
1.32%
3.50%
1.22%
0.09%
3.59%
1.18%
2.68%
0.27%
-2.13%
--
--
3.48%
-4.42%
1.88%
6.70%
*2015 *2014 *2013 *2012
-0.55% -1.39% -1.03% --
0.96% 1.90% -0.96% --
0.50% 1.24% 1.02% --
1.17% 0.97% 0.15% --
-0.45% 3.36% -2.84% --
-1.84% 0.82% -6.76% --
-0.56% -0.51% 2.09% --
-2.40% -0.23% -3.46% --
-2.81% -2.37% 3.13% --
3.75% -0.10% 2.61% --
0.14% -0.19% -2.46% 0.27%
-2.89% -3.85% 0.27% 1.50%
-5.05% -0.56% -8.84% --
(*) pre-dividends performance
Top Five Holdings
Country Allocation (%)
SN Republic 6.25% LK Republic 6.825%
Mexico
10
IQ Republic 5.8%
Russia 9
Turkey Indonesia 8
48
Brazil Argentina
CS Republic 4.875%
6
RO Republic 4.375%
5 4 3
4
4
Kazakhstan Venezuela Bahrain 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, 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
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)
Fund Currency: SAR
130
NAV at Inception: SAR 100 Comparative Index: JP Morgan EMBI Global
125
Date of Inception: November 14th 2012 /
EMFI
120
29-Dhu al-Hijja-1433
Benchmark
115
Administration Features
110
Subscription Fees: up to 2%
105 100
Management Fees: 1.5% p.a of the Fund’s
95
NAVs
90
Minimum Subscription: SAR 2,000
85
Minimum Additional Subscription: SAR 1,000 th
Valuation/Dealing Days: Tuesday& Thursday.
As of 28 of February 2017
NAV
In SAR
94.2032
Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon (KSA Time)
Mar
Apr
Since Inception Performance -5.80%
16.08
Fund’s Dividends
Mar
Jun
Sep
Dec
2016
0.500%
0.500%
1.000%
0.500%
2015
0.500%
0.500%
0.500%
0.500%
0.500% 1.250% --
1.000% 0.750% --
0.500% 0.500% --
0.500% 0.500% 0.500%
Redemption Payment: Before the fourth business day succeeding the dealing day.
Fund size (M)
2014 2013 2012 May Jun
Jan
Feb
Jul
Aug
Sep
Oct
Nov
Dec
YTD
*2017
0.98%
2.48%
--
--
--
--
--
--
--
--
*2016
-2.35%
1.32%
3.50%
1.22%
0.09%
3.59%
1.18%
2.68%
0.27%
-2.13%
--
--
3.48%
-4.42%
1.88%
6.70%
*2015 *2014 *2013 *2012
-0.55% -1.39% -1.03% --
0.96% 1.90% -0.96% --
0.50% 1.24% 1.02% --
1.17% 0.97% 0.15% --
-0.45% 3.36% -2.84% --
-1.84% 0.82% -6.76% --
-0.56% -0.51% 2.09% --
-2.40% -0.23% -3.46% --
-2.81% -2.37% 3.13% --
3.75% -0.10% 2.61% --
0.14% -0.19% -2.46% 0.27%
-2.89% -3.85% 0.27% 1.50%
-5.05% -0.56% -8.84% --
(*) pre-dividends performance
Top Five Holdings
Country Allocation (%)
SN Republic 6.25% LK Republic 6.825%
Mexico
10
IQ Republic 5.8%
Russia 9
Turkey Indonesia 8
48
Brazil Argentina
CS Republic 4.875%
6
RO Republic 4.375%
5 4 3
4
4
Kazakhstan Venezuela Bahrain 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, 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
