Saudi Fransi Equity Income Fund
Saudi Fransi Equity Income Fund October 2012 October 2017
Portfolio Investment Profile
Fund Investment Profile
Investment Features
A Sharia'h compliant fund, with the objective to invest in equities listed at the Saudi market that is Sharia'h compliant.
NAV at Inception: SAR 10 Comparative Index: SFC Saudi Arabia Shariah Top 40 Index (Calculated by S&P Custom Indices) Risk Level: High
Fund Investment Objectives To benefit from the good investment opportunities prevailing in the Saudi equity market, and to combine good growth potential & dividend. As part of its objectives, the Fund will also aim to make a half yearly cash distribution at no less than 2.5%.The fund also aiming To outperform the benchmark over the medium to long term by investing in stocks listed on the Saudi Arabian stock exchange and that conform to Shar’iah guidelines set out by the Shar’iah Board.
Investment Universe: Local Equities Fund Currency: SAR
Fund Performance
Date of Inception: February 20th 2014
140.00
Administration Features
120.00
Subscription Fees: up to 3% of the gross subscription amount. Management Fees: 1.75% p.a of the Fund’s NAVs
100.00
80.00
60.00
Minimum Subscription: SAR 2,000 Minimum Additional Subscription: SAR 1,000 Dealing Days: Monday, Wednesday & Thursday. Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon (KSA Time) Redemption Payment: Before the fourth business day succeeding the dealing day.
Shariah Committee
40.00
Saudi Fransi Equity Income
Benchmark
20.00
0.00
th
As of 31 of October 2017
NAV
In SAR
7.2964
Sheikh Abdullah AlManae Dr Mohammed Elgari Dr Abdulsattar AbuGhuda
Fund size (M)
Since Inception Performance -27.04%
62.57
Fund’s Dividends
H1
H2
2017
2.5%
2.5%
2016
2.5%
2.5%
2015
2.5%
2.5%
2014
--
10%
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
*2017
-1.21%
-4.11%
0.75%
1.20%
-2.08%
4.37%
-2.08%
-1.64%
1.40%
-3.25%
--
--
-6.73%
*2016
-8.72%
-3.56%
1.70%
8.66%
-2.65%
0.65%
-1.66%
-4.86%
-6.46%
9.08%
9.62%
2.14%
1.88%
*2015 *2014
6.52% --
3.54% --
-3.66% 4.59%
11.56% 1.82%
-0.28% 1.15%
-3.61% -2.77%
0.53% 10.06%
-19.45% -1.77%
-1.53% -2.67%
-2.00% -7.73%
1.69% -15.34%
-2.60% 0.0046%
-11.83% N/A
(*) pre-dividends performance
Top Five Holdings
Sector Allocation Banks
Al-Rajhi Bank
Consumer Services
4% 3%
National Gas & Industrialization Co
6%
14%
2%
Insurance
Advanced Polypropylene Company Sahara Petrochemicals Co Aldrees
Materials Utilities
6%
Telecommunication Services
13%
Real Estate Mgmt & Dev't 36% 3%
5% 8%
Transportation Retailing
Commercial & Professional Energy
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. 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 if published), 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. Subscription fees will be applied. 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
Portfolio Investment Profile
Fund Investment Profile
Investment Features
A Sharia'h compliant fund, with the objective to invest in equities listed at the Saudi market that is Sharia'h compliant.
NAV at Inception: SAR 10 Comparative Index: SFC Saudi Arabia Shariah Top 40 Index (Calculated by S&P Custom Indices) Risk Level: High
Fund Investment Objectives To benefit from the good investment opportunities prevailing in the Saudi equity market, and to combine good growth potential & dividend. As part of its objectives, the Fund will also aim to make a half yearly cash distribution at no less than 2.5%.The fund also aiming To outperform the benchmark over the medium to long term by investing in stocks listed on the Saudi Arabian stock exchange and that conform to Shar’iah guidelines set out by the Shar’iah Board.
Investment Universe: Local Equities Fund Currency: SAR
Fund Performance
Date of Inception: February 20th 2014
140.00
Administration Features
120.00
Subscription Fees: up to 3% of the gross subscription amount. Management Fees: 1.75% p.a of the Fund’s NAVs
100.00
80.00
60.00
Minimum Subscription: SAR 2,000 Minimum Additional Subscription: SAR 1,000 Dealing Days: Monday, Wednesday & Thursday. Subscription & Redemption Cut Off: The preceding business day of the dealing day before 12 noon (KSA Time) Redemption Payment: Before the fourth business day succeeding the dealing day.
Shariah Committee
40.00
Saudi Fransi Equity Income
Benchmark
20.00
0.00
th
As of 31 of October 2017
NAV
In SAR
7.2964
Sheikh Abdullah AlManae Dr Mohammed Elgari Dr Abdulsattar AbuGhuda
Fund size (M)
Since Inception Performance -27.04%
62.57
Fund’s Dividends
H1
H2
2017
2.5%
2.5%
2016
2.5%
2.5%
2015
2.5%
2.5%
2014
--
10%
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
*2017
-1.21%
-4.11%
0.75%
1.20%
-2.08%
4.37%
-2.08%
-1.64%
1.40%
-3.25%
--
--
-6.73%
*2016
-8.72%
-3.56%
1.70%
8.66%
-2.65%
0.65%
-1.66%
-4.86%
-6.46%
9.08%
9.62%
2.14%
1.88%
*2015 *2014
6.52% --
3.54% --
-3.66% 4.59%
11.56% 1.82%
-0.28% 1.15%
-3.61% -2.77%
0.53% 10.06%
-19.45% -1.77%
-1.53% -2.67%
-2.00% -7.73%
1.69% -15.34%
-2.60% 0.0046%
-11.83% N/A
(*) pre-dividends performance
Top Five Holdings
Sector Allocation Banks
Al-Rajhi Bank
Consumer Services
4% 3%
National Gas & Industrialization Co
6%
14%
2%
Insurance
Advanced Polypropylene Company Sahara Petrochemicals Co Aldrees
Materials Utilities
6%
Telecommunication Services
13%
Real Estate Mgmt & Dev't 36% 3%
5% 8%
Transportation Retailing
Commercial & Professional Energy
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. 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 if published), 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. Subscription fees will be applied. 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
