Saudi Fransi Equity Income Fund
3 Month YTD 1 Year 3 Years 5 Years Since Inception Fund Performance -3.52 17.88 17.88 39.59 47.78 44.07 Benchmark
performance -7.96 10.02 10.02 39.91 17.39 -2.61
Performance
difference 4.44 7.86 7.86 -0.31 30.39 46.68
Revenue (%) Fund Objective
Saudi Fransi Saudi Equity Income Fund is an open-end fund that seeks to outperform its benchmark in the medium to long term by investing in listed companies on the Saudi stock market that comply with the Sharia standards approved by the Sharia Committee
Its objective is to distribute cash dividends on a semi-annual basis which is the greater of the following:
A. Either 2.5% of the Fund's net asset value per unit regardless of the Fund's performance during the period
B. Or, if the unit price achieved its highest point since its inception, 50% of the difference between the unit price over its equivalent on the previous
distribution day will be distributed. -3
.52 17.88 17.88 39.59 47.78 44.07
-7.96 10.02 10.02 39.91 17.39 -2.61
-20.00 -10.00 0.00 10.00 20.00 30.00 40.00 50.00 60.00
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 20 February 2014 Unit price upon offering SAR 10.00
Fund size SAR 29,830,124
Fund type Open Ended Fund
Currency SAR
Risk Level High
Benchmark SFC Shariah Saudi
Equity Income Index Number of distributions Twice a year 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 4.25% 17.7% 17.7% 15.89% 12.84%
Sharp indicator -0.88 0.96 0.96 2.20 3.03
Tracking error 0.52% 1.92% 1.92% 1.80% 1.49%
Beta 0.68 0.46 0.46 0.00 0.00
Alpha 4.44% 7.86% 7.86% -0.31% 30.39%
Information index 8.62 4.10 4.10 -0.17 20.35
Performance and risk standards
Price information
Unit Price SAR 10.3958
Change in unit price (compared to previous quarter) -3.52%
Dual unit price for money market funds, and debt instruments
funds with fixed income N/A
Total units of the fund 2,869,448.62
Total net assets SAR 29,830,124
P/E ratio -6.87
Fund information Details of the fund's ownership
investments
Full ownership 100%
Usufruct right NIL
Total expense ratio to net average assets (%) 2.78%
Borrowing percentage to net assets value (%) NIL Dealing expenses to net average assets SAR 19,767.30 Percentage of dealing expenses to net average assets (%) 0.26%
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 Sharpe
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
Saudi Fransi Equity Income Fund
Top 10 Investments %
Al Rajhi Bank 8.44%
Saudi Telecom 8.01%
Yanbu National Petrochemical 7.80%
Jarir Marketing 7.37%
Advanced Petrochemical 6.84%
Saudi Arabian Oil 5.53%
Bank Al-Jazira 4.70%
Saudi Basic Industries Corp 4.67%
Arriyadh Development Company 4.65%
National Shipping of Saudi Arabia 4.61%
Sector Allocation %
Materials 26.28 %
Energy 13.93 %
Banks 13.31 %
Retailing 10.33 %
Telecommunication Services 9.06 % Real Estate Mgmt & Dev't 4.71 %
Cash 4.59 %
Food & Staples Retailing 4.17 %
Transportation 3.76 %
Health Care Equipment & Svc 3.31 %
Cement 2.11 %
Food & Beverages 2.05 %
Receivable 2.38 %
26.28%
13.93%
13.31%
10.33%
9.06%
4.71%
4.59%
4.17%
3.76%
3.31%
2.11%
2.05%
2.38%
0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00%
Materials Energy Banks Retailing Telecommunication Services Real Estate Mgmt & Dev't Cash Food & Staples Retailing Transportation Health Care Equipment & Svc Cement Food & Beverages Receivables
Sector Allocation
8.44%
8.01%
7.80%
7.37%
6.84%
5.53%
4.70%
4.67%
4.65%
4.61%
0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00%
Al Rajhi Bank Saudi Telecom Yanbu National Petrochemical Jarir Marketing Advanced Petrochemical Saudi Arabian Oil Bank Al-Jazira Saudi Basic Industries Corp Arriyadh Development Company National Shipping of Saudi Arabia
Top 10 Investments
Geographical Allocation %
Saudi Arabia 100%
United Arab Emirates --
Bahrain --
Kuwait -- 100%
0%
0%
0%
0% 20% 40% 60% 80% 100% 120%
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 complaints@fransicapital.com.sa
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
