SICO Capital Money Market Fund
Quarter Statement March 2023
Fund Objective Revenue 3 Months YTD 1 Year 3 Years 5 Years
Fund Performance 0.91% 0.91% 3.10% 7.83% 14.35%
Benchmark Performance 1.28% 1.28% 3.57% 5.09% 10.22%
Performance Difference -0.37% -0.37% -0.46% 2.74% 4.13%
Fund Facts
Fund start date 1-Jun-2016 Performance and Risks
Unit price upon offering SAR 10.00 Performance and Risks Standards 3 Months YTD 1 Year 3 Years 5 Years
Fund size 140,567,652.60 Standard Deviation 0.09% 0.09% 0.17% 0.57% 0.61%
Fund type Open Ended Shariah Compliant Money Market Sharp Ratio -4.09 -4.09 -2.76 4.78 6.74
Currency Saudi Riyal Tracking Error 0.09% 0.09% 0.09% 0.43% 0.46%
Risk Level Low Risk Beta 4.00 4.00 0.34 0.30 0.32
Benchmark 1M SIBOR Alpha -0.37% -0.37% -0.46% 2.74% 4.13%
Number of distributions N/A Information Index -4.32 -4.32 -5.07 6.34 8.92
0.30% per annum of Net Assets Geographical Allocation
N/A Number of days of the weighted average 105.08
Price information
Unit Price (SAR) 11.9018
0.91%
N/A
Total units of the fund 11,810,584
Total net assets 140,567,652.60
P/E ratio N/A Sector Allocation
Fund information
Total expense ratio to net average assets (%) 0.13%
Borrowing percentage to net assets value (%) N/A
Dealing expenses N/A
N/A
4,384,790.66
3.12%
Distributed profits N/A
Percentage of Distributed profits N/A
Details of the fund's ownership investments
Full ownership 100%
Usufruct right N/A Top 10 Holdings
Contact Information
Phone Number 8001180180
Website www.sicocapital.com
Email [email protected]
Unit Price Performance
SICO Capital does not guarantee the performance of any investment. The Past performance is not necessarily a guide to future performance. The price & value of or income from your investment is variable and may increase or decrease and the investor may get back less than invested. The fund invests in securities as per the Terms & Conditions of the Fund and therefore is exposed to various types of risk which the investor should read and be aware of.
The fund manager has no obligation to redeem units at the offer value; and that the value of units and the income from them can go down as well as up. The investment may not be suitable for all types of investors. SICO Capital recommends to all investors that they should seek advice from their investment adviser. Participating in an investment carries an inherent risk of loss. Investments are subject to investment risks; please refer to the terms and conditions for more details about the related risks. To obtain a copy of the fund Terms and Conditions and financial statements, please visit our website on www.sicocapital.com or call 8001010008 or visit our offices as per the address below. SICO Capital or its affiliates may invest into the fund or its related securities. SICO Capital also carries on other independent securities business such as Corporate Finance, Investment Banking & Brokerage and that it or its affiliates may be providing or may have provided in the past 12 months, other securities business services to the issuers of securities, in which the Fund may invest from time to time.
P.O. Box 64666 Riyadh 13542 – Kingdom of Saudi Arabia – CMC Tower, 7702 King Fahad Road AlMalqa District, 5th floor – Toll-free Number 8001010008 – CMA Authorisation No.
08096-37 SICO Capital Company –Closed Joint Stock Company with a paid up of S.R. 60,000,000 – C.R. 1010259328
The Fund seeks to invest in Sharia-compliant money market instruments and maximize
short-term capital growth while preserving the invested capital.
Investment advisor and fund sub- manage
Percentage of fees for the management of the invested funds
Dual unit price for money market funds, and debt instruments funds with fixed income
Change in unit price (compared to previous quarter)
Amount of fund manager’s investments to net asset value
Percentage of fund manager’s investments to net asset value (%)
Percentage of dealing expenses to net average assets (%)
71.7%
28.3%
Saudi Arabia
Bahrain
63.20%
26.61%
5.69% 4.50%
Deposits Mutual Funds Sukuk Cash
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
AlRajhi Bank sharai note Al Salam Tsharuq Fund Al Rajhi Sukuk BSIB Cash KHCB KHCB KHCB
9.0000 9.5000 10.0000 10.5000 11.0000 11.5000 12.0000 12.5000
01-Jun-16 01-Aug-16 01-Oct-16 01-Dec-16 01-Feb-17 01-Apr-17 01-Jun-17 01-Aug-17 01-Oct-17 01-Dec-17 01-Feb-18 01-Apr-18 01-Jun-18 01-Aug-18 01-Oct-18 01-Dec-18 01-Feb-19 01-Apr-19 01-Jun-19 01-Aug-19 01-Oct-19 01-Dec-19 01-Feb-20 01-Apr-20 01-Jun-20 01-Aug-20 01-Oct-20 01-Dec-20 01-Feb-21 01-Apr-21 01-Jun-21 01-Aug-21 01-Oct-21 01-Dec-21 01-Feb-22 01-Apr-22 01-Jun-22 01-Aug-22 01-Oct-22 01-Dec-22 01-Feb-23
