Saudi Fransi GCC IPO Fund
3 Month YTD 1 Year 3 Years 5 Years Since Inception Fund Performance 13.84 13.84 38.02 70.08 55.12 35.46 Benchmark
performance 16.63 16.63 37.37 59.05 18.36 -18.36
Performance
difference -2.79 -2.79 0.65 11.04 36.76 54.42
Revenue Fund Objective
Saudi Fransi GCC IPO Fund is an open-ended fund that aims to achieve long term capital growth by investing in Shariah compliant GCC IPOs and newly listed GCC stock market companies that have been listed for no more than five years. It also has the right to invest in Shariah compliant tradable rights of companies listed on the Saudi stock market, as well as, invest in shares that have been registered and accepted for listing in the parallel market and the tradable rights of these companies. The
Fund also aims to outperform its benchmark. 13
.84 13.84 38.02 70.08 55.12 35.46
16.63 16.63 37.37 59.05 18.36 -18.96
-40.00 -20.00 0.00 20.00 40.00 60.00 80.00
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 24 June 2015 Unit price upon offering SAR 10
Fund size SAR 329,611,838.44
Fund type
Open-ended fund compliant with the provisions of Islamic
Sharia.
Currency SAR
Risk Level High
Benchmark
(Ideal Ratings IPO Index) Calculated and
prepared by Ideal Ratings.
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 8.29% 8.29% 10.91% 18.66% 15.50%
Sharp indicator 8.17 8.17
3.40 0.96 0.48
Tracking error 12.30% 12.30% 8.55% 7.15% 7.31%
Beta (0.02) (0.02) 0.61 0.86 0.80
Alpha 4.57% 4.57% 0.71% 0.19% 0.41%
Information index (1.42) (1.42) 0.08 0.37 0.79
Performance and risk standards
Price information
Unit Price SAR 13.5456
Change in unit price (compared to previous quarter) 13.84%
Dual unit price for money market funds, and debt instruments
funds with fixed income N/A
Total units of the fund 24,333,518.75
Total net assets SAR 329,611,838.44
P/E ratio 2.05
Fund information Details of the fund's ownership
investments
Full ownership 100%
Usufruct right NIL
Total expense ratio to net average assets (%) 2.29%
Borrowing percentage to net assets value (%) NIL Dealing expenses to net average assets SAR 87,317.00 Percentage of dealing expenses to net average assets (%) 0.11%
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
Quarter 1 Statement – March 2022
Standard deviation
Based on the price return of the quarter
Sharpe indicator
(Fund return - minus 3 month SAIBOR)/Standard deviation Tracking Error
Standard deviation of daily excess return of the fund over benchmark
Beta Measure of fund volatility to the benchmark
Alpha
The excess return on an investment after adjusting for market-related volatility Information
Index
Excess return of the portfolio over the benchmark / Tracking error
Saudi Fransi GCC IPO Fund
Top 10 Investments %
International Co for Water and Power Project 9.44 %
Saudi Arabian Oil 9.09 %
Dr. Sulaiman Al Habib Medical Services Group 7.43 %
EMAARDEV PJSC 6.96 %
ABU DHABI NATL OIL CO. 5.58 %
Arabian Internet and Communications Services 4.91 %
Arabian Centers 4.61 %
ELM Co 4.30 %
Tanmiah Food Co 3.92 %
Bindawoo 3.52 %
20.98%
14.86%
13.37%
6.89%
6.41%
5.23%
5.09%
4.78%
4.46%
4.06%
3.66%
3.38%
3.08%
2.11%
1.64%
0.00% 5.00% 10.00% 15.00% 20.00% 25.00%
Energy Shares - Other Foreign Health Care Equipment & Svc Cash Materials Consumer Services Telecommunication Services Real Estate Mgmt & Dev't Information Technology Food & Beverages Food & Staples Retailing Banks and Financial Services Retailing Shares of Gulf Cooperation Countrie Cements
Sector Allocation
9.44%
9.09%
7.43%
6.96%
5.58%
4.91%
4.61%
4.30%
3.92%
3.52%
0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00%
International Co for Water and…
Saudi Arabian Oil Dr. Sulaiman Al Habib Medical…
EMAARDEV PJSC ABU DHABI NATL OIL CO.
Arabian Internet and…
Arabian Centres ELM Co Tanmiah Food Co Bindawoo
Top 10 Investments
78.30%
14.86%
0 0 0
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 Qatar 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 1 Statement – March 2022
Sector Allocation %
Energy 20.98%
Shares - Other Foreign 14.86%
Health Care Equipment & Svc 13.37%
Cash 6.89%
Materials 6.41%
Consumer Services 5.23%
Telecommunication Services 5.09%
Real Estate Mgmt & Dev't 4.78%
Information Technology 4.46%
Food & Beverages 4.06%
Food & Staples Retailing 3.66%
Banks and Financial Services 3.38%
Retailing 3.08%
Shares of Gulf Cooperation Countrie 2.11%
Cements 1.64%
Geographical Allocation %
Saudi Arabia 78.3%
United Arab Emirates 14.86%
Bahrain --
Qatar --
Kuwait --
