Musharaka Saudi Equity Fund fourth Quarter Statement (2021) نﺎﻴﺑ
ﻊ�ﺮﻟا ﻊ�اﺮﻟا
) 1 2 20 (ﺔﻳدﻮﻌﺴﻟا ﻢهﺳﻸﻟ ﺔﻛرﺎﺸﻣ قوﺪﻨﺻ
ﺔﻳدﻮﻌﺳ ﺔﻤھﺎﺴﻣ ﺔﻛﺮﺷ ، ﺔﯿﻟﺎﻤﻟا ﺔﻛرﺎﺸﻣ ﺔﻛﺮﺷ ﻢﻗر ﺔﯿﻟﺎﻤﻟا قﻮﺴﻟا ﺔﺌﯿھ ﺺﯿﺧﺮﺗ .ﺔﻠﻔﻘﻣ
27 - 13169 لﺎﻣ سأر 65000000
﷼.يدﻮﻌﺳ
- رﺎﻌﺳﻷا تﺎﻣﻮﻠﻌﻣ ﻊ�ﺮﻟا ﺔﻳﺎ�� �� ﺎﻤﻛ
ﻊ�اﺮﻟا 2021 م :
(ي�ﻌﳌا ﻊ�ﺮﻟا ﺔﻳﺎ�� �� ﺎﻤﻛ) ةﺪﺣﻮﻟا ﺮﻌﺳ 11.3
يدﻮﻌﺳ لﺎ�ر إ
��ﺎﻤﺟ قوﺪﻨﺼﻟا تاﺪﺣو 811,174
(ﻖﺑﺎﺴﻟا ﻊ�ﺮﻟﺎﺑ ﺔﻧرﺎﻘﻣ) ةﺪﺣﻮﻟا ﺮﻌﺳ �� ��ﻐﺘﻟا -2.54%
��ﺎﺻ ��ﺎﻤﺟإ لﻮﺻﻷا
9,164,741 يدﻮﻌﺳ لﺎ�ر
- ﻊ�ﺮﻟا ﺔﻳﺎ�� �� ﺎﻤﻛ قوﺪﻨﺼﻟا تﺎﻣﻮﻠﻌﻣ ﻊ�اﺮﻟا
2021 م :
ﺪﻨﺒﻟا ﺔﻤﻴﻘﻟا
- يدﻮﻌﺳ لﺎ�ر
%
) ﺔﻴﻟﺎﻤﺟﻹا بﺎﻌ�ﻷا ﺔﺒﺴ�
TER ( 81,1448
0.89
قوﺪﻨﺼﻟا ﺮﻳﺪﻣ رﺎﻤﺜتﺳإ 7,749,760
84.47
ﺔﻋزﻮﳌا حﺎ�رﻷا 0
ﻖﺒﻄﻨﻳﻻ
ﻞﻣﺎﻌﺘﻟا ﻒ�رﺎﺼﻣ 5,518
0.06
: قوﺪﻨﺼﻟا فﺪه قاﻮﺳﻷا �� ﺔﺟرﺪﳌا تﺎ�ﺮﺸﻟا ﻢهﺳأ �� رﺎﻤﺜتﺳﻻا لﻼﺧ ﻦﻣ ﻞ�ﻮﻄﻟاو ﻂﺳﻮﺘﳌا ىﺪﳌا ��ﻋ لﺎﳌا سأر ﺔﻴﻤﻨﺗ ��إ قوﺪﻨﺼﻟا فﺪ��
ﻴﺴيﺋﺮﻟا قﻮﺴﻟﺎﺑ ءاﻮﺳ ﺔﻳدﻮﻌﺴﻟا ﺔﻴ�ﺮﻌﻟا ﺔﻜﻠﻤﳌا �� ﺔﻴﻟوﻷا تﺎﺣوﺮﻄﻟاو ﺔﻴﻟﺎﳌا ﺔ
�زاﻮﳌا قﻮﺴﻟا وأ ،ﺔ
ﻊﻣ ﻖﻔﺘﻳ ﺎﻤﺑ ﺔﻴﻋﺮﺸﻟا رﺎﻤﺜتﺳﻻا ﻂﺑاﻮﺿ
.قوﺪﻨﺼﻠﻟ ﺔﻴﻋﺮﺸﻟا ﺔﺌﻴهﻟا ﻦﻣ ةﺪﻤﺘﻌﳌا .قوﺪﻨﺼﻟا ءﺪﺑ ﺦ�رﺎﺗ 02
- 11 - 2014 حﺮﻄﻟا ﺪﻨﻋ ةﺪﺣﻮﻟا ﺮﻌﺳ م
10 يدﻮﻌﺳ لﺎ�ر
.قوﺪﻨﺼﻟا ﻢجح 9,164,741
يدﻮﻌﺳ لﺎ�ر .قوﺪﻨﺼﻟا عﻮﻧ
حﻮﺘﻔﻣ رﺎﻤﺜتﺳا قوﺪﻨﺻ
.قوﺪﻨﺼﻟا ﺔﻠﻤﻋ يدﻮﻌﺳ لﺎ�ر
ﺮﻃﺎخ�ا ىﻮﺘﺴﻣ ﻊﻔﺗﺮﻣ
ﺮﺷﺆﳌا يدﺎﺷ��ﺳﻹا ي��ﺎﺗ
– TASI ﻊيزﻮﺘﻟا تاﺮﻣ دﺪﻋ
ﻖﺒﻄﻨﻳﻻ
Musharaka Saudi Equity Fund fourth Quarter Statement (2021) نﺎﻴﺑ
ﻊ�ﺮﻟا ﻊ�اﺮﻟا
) 1 2 20 (ﺔﻳدﻮﻌﺴﻟا ﻢهﺳﻸﻟ ﺔﻛرﺎﺸﻣ قوﺪﻨﺻ
ﺔﻳدﻮﻌﺳ ﺔﻤھﺎﺴﻣ ﺔﻛﺮﺷ ، ﺔﯿﻟﺎﻤﻟا ﺔﻛرﺎﺸﻣ ﺔﻛﺮﺷ ﻢﻗر ﺔﯿﻟﺎﻤﻟا قﻮﺴﻟا ﺔﺌﯿھ ﺺﯿﺧﺮﺗ .ﺔﻠﻔﻘﻣ
27 - 13169 لﺎﻣ سأر 65000000
﷼.يدﻮﻌﺳ
- قوﺪﻨﺼﻟا تارﺎﻤﺜتﺳا ﺔﻴﻜﻠﻣ نﺎﻴﺑ
ﺔﻣﺎﺗ ﺔﻴﻜﻠﻣ 100
%
ﺔﻌﻔﻨﻣ ﻖﺣ 0
%
- : ﺪﺋﺎﻌﻟا
ﺪﻨﺒﻟا 3
(��ﺎح�ا ﻊ�ﺮﻟا ﺔﻳﺎ��) ﺮهﺷأ ) ﮫﺨ�رﺎﺗ ى�ﺣ ﮫﻨﺳ
YTD ( ةﺪﺣاو ﺔﻨﺳ 3
تاﻮﻨﺳ 5
تاﻮﻨﺳ
قوﺪﻨﺼﻟا ءادأ -
2.54 % 28.27%
28.27%
51.02%
4.14%
يدﺎﺷ��ﺳﻹا ﺮﺷﺆﳌا ءادأ -
1.86 % 29.83%
29.83%
44.14%
56.46%
ءادﻷا قرﺎﻓ -
0.68 % -
1.56 % -
1.56 % 6.87%
- 52.32 %
- : ﺮﻃﺎخ�او ءادﻷا ﺮﻃﺎخ�او ءادﻷا ��ﻳﺎﻌﻣ 3
(��ﺎح�ا ﻊ�ﺮﻟا ﺔﻳﺎ��) ﺮهﺷأ ) ﮫﺨ�رﺎﺗ ى�ﺣ ﮫﻨﺳ
YTD ( ةﺪﺣاو ﺔﻨﺳ 3
تاﻮﻨﺳ 5
تاﻮﻨﺳ
يرﺎﻴﻌﳌا فاﺮﺤﻧﻹا 0.3717
0.9691 0.9691
1.5002 1.3352
برﺎﺷ ﺮﺷﺆﻣ -
0.0911 0.2833
0.2833 0.3298
0.0177
) ﻊﺒتﺘﻟا ﺄﻄﺧ Tracking error
( 0.0081
0.0073 0.0073
0.0073 0.0071
) ﺎﺘيﺑ Beta ( 0.67
0.53 0.53
0.86 0.65
) ﺎﻔﻟأ Alpha ( -0.0068
-0.0156 -0.0156
0.0687 0.5232
-
تﺎﻣﻮﻠﻌﳌا ﺮﺷﺆﻣ 0.0085
- 0.0048 -
0.0048 0.0070
- 0.0468
- : لﺎﺼﺗﻹا تﺎﻧﺎﻴﺑ
ﻒﺗﺎهﻟا ﻢﻗر 920006811
ﻲ�و��ﻜﻟﻹا ﻊﻗﻮﳌا https://musharakacapital.com
/
ﻲ�و��ﻜﻟﻹا ﺪﻳ��ﻟا
Musharaka Saudi Equity Fund fourth Quarter Statement (2021) نﺎﻴﺑ
ﻊ�ﺮﻟا ﻊ�اﺮﻟا
) 1 2 20 (ﺔﻳدﻮﻌﺴﻟا ﻢهﺳﻸﻟ ﺔﻛرﺎﺸﻣ قوﺪﻨﺻ
ﺔﻳدﻮﻌﺳ ﺔﻤھﺎﺴﻣ ﺔﻛﺮﺷ ، ﺔﯿﻟﺎﻤﻟا ﺔﻛرﺎﺸﻣ ﺔﻛﺮﺷ ﻢﻗر ﺔﯿﻟﺎﻤﻟا قﻮﺴﻟا ﺔﺌﯿھ ﺺﯿﺧﺮﺗ .ﺔﻠﻔﻘﻣ
27 - 13169 لﺎﻣ سأر 65000000
﷼.يدﻮﻌﺳ
- قوﺪﻨﺼﻟا ﺔﻳاﺪﺑ ﺬﻨﻣ ءادﻷا ح�ﻮﻳ ﻲ�ﺎﻴﺑ ﻢﺳر )
02 - 11 - 2014 ى�ﺣ م 31 - 12 - 2021 (م
- أ ح�ﻮﻳ ﻲ�ﺎﻴﺑ ﻢﺳر قوﺪﻨﺼﻠﻟ تارﺎﻤﺜتﺳا ةﺮﺸﻋ ��ﻛ
-40%
-30%
-20%
-10%
0%
10%
20%
30%
03/11/14 03/02/15 03/05/15 03/08/15 03/11/15 03/02/16 03/05/16 03/08/16 03/11/16 03/02/17 03/05/17 03/08/17 03/11/17 03/02/18 03/05/18 03/08/18 03/11/18 03/02/19 03/05/19 03/08/19 03/11/19 03/02/20 03/05/20 03/08/20 03/11/20 03/02/21 03/05/21 03/08/21
Musharaka Saudi Equity Fund Performance
Musharaka Saudi Equity Fund
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
Musharaka Saudi Equity Fund fourth Quarter Statement (2021) نﺎﻴﺑ
ﻊ�ﺮﻟا ﻊ�اﺮﻟا
) 1 2 20 (ﺔﻳدﻮﻌﺴﻟا ﻢهﺳﻸﻟ ﺔﻛرﺎﺸﻣ قوﺪﻨﺻ
ﺔﻳدﻮﻌﺳ ﺔﻤھﺎﺴﻣ ﺔﻛﺮﺷ ، ﺔﯿﻟﺎﻤﻟا ﺔﻛرﺎﺸﻣ ﺔﻛﺮﺷ ﻢﻗر ﺔﯿﻟﺎﻤﻟا قﻮﺴﻟا ﺔﺌﯿھ ﺺﯿﺧﺮﺗ .ﺔﻠﻔﻘﻣ
27 - 13169 لﺎﻣ سأر 65000000
﷼.يدﻮﻌﺳ
-
��ﺎﻄﻗ) قوﺪﻨﺼﻟا لﻮﺻأ ﻊيزﻮﺗ ح�ﻮﻳ ﻲ�ﺎﻴﺑ ﻢﺳر /
��اﺮﻐﺟ (
- :ﺔﻴﻟوﺆﺴﻣ ءﻼﺧإ
ﻻو .ﺔﻴﻨﻤﺿ وأ ﺖﻧﺎ� ﺔﺤ�ﺮﺻ تﺎﻣا��ﻟا وأ تاﺪهﻌ� وأ تﺎﻧﺎﻤﺿ ﺔﻳأ ﺔﻌ�ﺎﺘﻟا ﺎ��ﺎ�ﺮﺷ وأ ﺎهﻮﻔﻇﻮﻣ وأ ﺎهؤارﺪﻣ وأ ﺔﻴﻟﺎﳌا ﺔﻛرﺎﺸﻣ ﺔﻛﺮﺷ مﺪﻘﺗ ﻻ ةﺮﺷﺎﺒﻣ ،ﺔﻴﻧﻮﻧﺎﻗ ﺔﻴﻟوﺆﺴﻣ ﺔﻳأ ﻞﻤﺤﺘﺗ
وأ ،ةﺮﺷﺎﺒﻣ ��ﻏ وأ رﺎﺒﺘﻋا وأ ﺎهﻣاﺪﺨﺘﺳا ةدﺎﳌا ﻩﺬ�� ﺪﺼﻘﻳ ﻻو .ﺎ��ﻣ ةﻮﺟﺮﳌا ةﺪﺋﺎﻔﻟا وأ ﺎهﻟﺎﻤﺘﻛا وأ ةدﺎﳌا ﻩﺬه ﺎ��ﻤﻀﺘﺗ تﺎﻣﻮﻠﻌﻣ ﺔﻳأ ﺔﻗد ﻦﻋ ﺔﻴﻟﻮﺌﺴﳌا
يﻷ ًارﺎﻴﺘﺧا وأ ةرﺎﺸتﺳا ﺎه
ةدﺎﳌا ﻩﺬه �� ةدراﻮﻟا تﺎﻣﻮﻠﻌﳌا ﺦـﺴ� مﺪﻋ ﺐﺟﻮﺘﻳ ﮫﻧﺈﻓ ،ﻚﻟذ فﻼﺧ ﮫﻴﻠﻋ ﺺﻨﻟا ﻢﺘﻳ ﻢﻟ ﺎﻣو .ﻼﺒﻘﺘﺴﻣ ثﺪﺤﻳ ﺪﻗ طﺎﺸ�
ﺔﻛرﺎﺸﻣ ﺔﻛﺮﺷ ﻦﻣ ﺔﻴﻄﺧ ﺔﻘﻓاﻮﻣ نوﺪﺑ ،ﺎﻴﺋﺰﺟ وأ ﺎﻴﻠ�
رﺎﺸتﺳا ﺔﻳأ وأ ﺔﻴﻟﺎﳌا وأ ﺔﻴﻧﻮﻧﺎﻘﻟا تارﺎﺸتﺳﻼﻟ ﺔﻣﺪﻘﻣ ﺎهﺴﻔﻧ ﺔﻛﺮﺸﻟا ��ﺘﻌ� ﻻو ،ﻂﻘﻓ عﻼﻃﻻا ضﺮﻐﻟ ﻮه ﺮ�ﺮﻘﺘﻟا اﺬه ىﻮﺤﻓ نﻷ ،ﺔﻴﻟﺎﳌا ضﺮﻐﻟو .ﺮ�ﺮﻘﺘﻟا اﺬه لﻼﺧ ﻦﻣ ىﺮﺧأ تا
ﻢﻜﺘﺒﻏﺮﻟ ﺎﻘﻓو ﻢﻜﻟ ﮫﺘﻣءﻼﻣو قوﺪﻨﺼﻠﻟ ﺢـﺿاﻮﻟا ﻢهﻔﻟا ﺎهﻃوﺮﺸ� ﻦهر ﺔﻴﻟﺎﳌا ﺔﻛرﺎﺸﻣ ﺔﻛﺮﺷ تﺎﺠﺘﻨﻣ �� رﺎﻤﺜتﺳﻻا نﻷ ،ﺔﺼﺼﺨﺘﻣ ﺔ�رﺎﻤﺜتﺳا ةرﺎﺸتﺳا ﺐﻠﻄﺑ ي��ﻮﻧ ،ةﺮﻃﺎخ�ا ��
ا نﺈﻓ ،تﺎﺒﻠﻘﺘﻠﻟ ﻊﻀﺨﺗ ﺞﺘﻨﳌا ﺔﻤﻴﻗ نأ ﺚﻴﺣو . ﺞﺘﻨﳌا �� ﺔﻴﻟﺎﳌا ﺔﻴﺴيﺋﺮﻟا ﺮﻃﺎخ�ا ��إ عﻮﺟﺮﻟا ﺎ��ءاﺮﻗ لﻼﺧ ﻢﻜﻨﻣ ﻞﻣﺄﻧ ي�ﻟا ﺎهﻣﺎ�ﺣأو ا ﻞﻣﺎ� ﻢﻠﺘﺴ� ﻻ ﺪﻗ ﺮﻤﺜتﺴﳌ
ﻩﺮﻤﺜتﺳا يﺬﻟا ﻎﻠﺒﳌ
ًاﺮﺷﺆﻣ ﺔﻴﻟﺎﳌا ﺔﻛرﺎﺸﳌ ﻖﺑﺎﺴﻟا ءادﻷا ﺪﻌ� ﻻو .ﻖﺒﺴﻣ رﺎﻌﺷإ نوﺪﺑ ﺖﻗو يأ �� ﺮ�ﺮﻘﺘﻟا اﺬه �� ةدراﻮﻟا تﺎﻣﻮﻠﻌﳌا ��ﻴﻐ� ﻦﻜﻤ�و .ﻞﺻﻷا ��
ﺔﻛرﺎﺸﻣ ن�و اﺬه .ﺔﻴﻠﺒﻘﺘﺴﻣ ﺪﺋاﻮﻋ ﺔﻳأ ��ﻋ
ﺔﻴ�ﺮﻌﻟا ﺔﻜﻠﻤﳌا �� ﺔﻴﻟﺎﳌا قﻮﺴﻟا ﺔﺌﻴه ﻞﺒﻗ ﻦﻣ ﺔﺼﺧﺮﻣو ﺔﻤﻈﻨﻣ ﺔﻛﺮﺷ ﺔﻴﻟﺎﳌا ﺔﻳدﻮﻌﺴﻟا
.
7% 5%
9%
11%
6% 3%
14%
9%
10%
5%
8%
10%
Retailing
Diversified Financials Utilities
Health Care Equipment & Svc Telecommunication Services Commercial & Professional Svc Banks
Materials Consumer Services Media and Entertainment Food & Beverages Real Estate Mgmt & Dev't Cash
100%
0%
ﺔﻴ�ﺮﻌﻟا ﺔﻜﻠﻤﳌا
ﺔﻳدﻮﻌﺴﻟا
ىﺮﺧا
