Al Qasr Real Estate & Construction Equity Trading Fund
3 Month YTD 1 Year 3 Years 5 Years Since Inception Fund Performance -7.13 13.34 13.34 87.78 41.59 66.89 Benchmark
performance -5.57 8.60 8.60 45.73 1.46 3.65
Performance
difference -1.56 4.73 4.73 42.05 40.13 63.24
Revenue Fund Objective
Al Qasr Real Estate & Construction Equity Trading Fund is an open-end equity fund that aims to achieve medium and long-term capital growth by investing in listed companies compliant with the provisions of Islamic Shariah and which achieve a large part of their returns directly or indirectly through the real estate and construction sectors in the GCC countries (Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman and Bahrain).
The Fund Manager may also invest in the listed markets of the real estate and construction sectors by up to 20% in other Arab countries,
the Middle East and North Africa. -7.1
3 13.34 13.34 87.78 41.59 66.89
-5.57 8.60 8.60 45.73 1.46 3.65
-20.00 0.00 20.00 40.00 60.00 80.00 100.00
3 Months (%) YTD (%) 1 Year (%) 3 Years (% p.a.) 5 Years (% p. a.) Since Inception (% p.a.)
%
Fund Performance Benchmark
Saudi Fransi Capital, a Closed Joint Stock Company owned by Banque Saudi Fransi (C.R. 1010231217), is licensed by Capital Market Authority for carrying out securities business under license 11153-37.
Fund Facts
Inception Date 16 April 2007 Unit price upon offering SAR 10
Fund size SAR 13,528,974.05
Fund type
An open-ended fund compliant with the provisions of Islamic
Sharia.
Currency Saudi Riyal
Risk Level High
Benchmark
GCC Shariah Capped Real Estate &
Construction Equity Index Number of distributions NIL Percentage of fees for
the management of the invested funds
1.75% p.a. plus VAT on the net assets of
the fund Investment advisor and
fund sub-manager N/A
Number of days of the
weighted average N/A
3 Month YTD 1 Year 3 Years 5 Years
Standard deviation 7.44% 5.58% 5.58% 8.36% 7.49%
Sharp indicator 0.99 2.24 2.24 9.95 4.37
Tracking error 0.28% 0.49% 0.49% 1.36% 1.15%
Beta 0.89 0.58 0.58 0.08 0.05
Alpha -1.56% 4.73% 4.73% 42.05% 40.13%
Information index -5.60 9.58 9.58 31.02 34.83
Performance and risk standards
Price information
Unit Price SAR 16.6886
Change in unit price (compared to previous quarter) -7.13%
Dual unit price for money market funds, and debt instruments
funds with fixed income N/A
Total units of the fund 810673.95
Total net assets SAR 13,528,974.05
P/E ratio (3.04)
Fund information Details of the fund's ownership
investments
Full ownership 100 %
Usufruct right NIL
Total expense ratio to net average assets (%) 3.05%
Borrowing percentage to net assets value (%) NIL Dealing expenses to net average assets SAR 5,028.02 Percentage of dealing expenses to net average assets (%) 0.14%
Amount of fund manager’s investments to net asset value NIL Percentage of fund manager’s investments to net asset value
(%) NIL
Distributed profits NIL
Percentage of Distributed profits NIL
Definitions Standard deviation
Based on the price return of the quarter considering weekly data Sharp
indicator
(Portfolio return - minus 3 month SAIBOR)/Standard deviation Tracking Error
standard deviation of daily excess return of the portfolio over benchmark
Beta
Covariance of portfolio returns to benchmark returns divided by variance of benchmark returns Alpha Portfolio return minus benchmark
return Information
Index Alpha / tracking error Quarter 4 Statement – December 2021
Al Qasr Real Estate & Construction Equity Trading Fund
Top 10 Investments %
EMAARPROPERTIES 9.48%
Al Babtain Power&Telemmunication 5.98%
Saudi White Cement 5.42%
ALDAAR PROPERTIES 5.23%
Arriyadh Development Company 5.02%
Cash 4.79%
Saudi Cement 4.68%
Southern Province Cement 4.56%
Bawan Company 4.05%
City Cement 3.67%
Sector Allocation %
Materials 41.44%
Shares-Other Foreign 14.71%
Real Estate Mgmt & Dev't 13.92 %
Capital Goods 13.26%
REITs 6.22 %
Cements 5.42%
Cash 4.79%
Receivables 0.24%
9.48 5.98
5.42 5.23 5.02 4.79 4.68 4.56 4.05 3.67
0 1 2 3 4 5 6 7 8 9 10
EMAARPROPERTIES Al Babtain Power & Telemmunication Saudi White Cement ALDAAR PROPERTIES Arriyadh Development Company Cash Saudi Cement Southern Province Cement Bawan Company City Cement
Top 10 Investments
Geographical Allocation %
Saudi Arabia 85.29%
United Arab Emirates 14.71%
Bahrain --
Kuwait --
85.29%
14.71%
0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 90.00%
Saudi Arabia United Arab Emirates Bahrain Kuwait
Geographical Allocation
Saudi Fransi Capital, a Closed Joint Stock Company owned by Banque Saudi Fransi (C.R. 1010231217), is licensed by Capital Market Authority for carrying out securities business under license11153-37.
Phone Number 8001243232
Website www.sfc.sa
Email [email protected]
Contact Information
Disclaimer
The performance illustrated in the report is neither an indication nor a guarantee of future returns. The value of the units is affected by price fluctuations. Therefore, the value of the units may rise. Investors are advised to consider their individual and financial circumstances and the suitability of the product to their investment objectives. Moreover, we highly recommend investors to obtain advice from experts in the investment fields.
Quarter 4 Statement – December 2021
41.44%
14.71%
13.92%
13.26%
6.22%
5.42%
4.79%
0.24%
0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00% 45.00%
Materials Shares-Other Foreign Real Estate Mgmt & Dev't
Capital Goods REITs Cement
Cash Receivables
Sector Allocation
