FCP Capital Multi-Gestion

NAV 316.7400 MAD

+0.240

+0.08%

20 Apr 2012

Performance Overview as of 20 Apr 2012

	Fund Return
1 Month	- 2.55%
3 Months	- 0.85%
YTD *	- 0.67%
1 Year	+ 0.44%
3 Years	+ 30.28%
5 Years	N/A
Since Inception	+ 220.39%

* Returns are from the beginning of the year until the respective 'As Of' Date

Benchmarks: 50% Morocco All Shares Index & 50% 5 year Treasury Bonds

Ratio Analysis *

	Fund
Annualised Return It is a measure that converts rates of returns of any length into annual rates of returns	+ 27.24%
Annualised Standard Deviation It measures the volatility of the fund. The higher the percentage, the riskier is the fund	29.71%
Beta It measures how a fund's share price moves in relation to a benchmark. The benchmark index has a beta of 1. A beta greater than 1 means the fund tends to rise and fall more than the index does. A beta less than one means the fund tends to be less volatile than the index	N/A
Alpha It is the excess return of the fund relative to the return of the benchmark index. Simply, it is the value that a portfolio manager adds to or subtracts from a fund's return. A positive alpha of 1.0 means the fund has outperformed its benchmark index by 1%. Correspondingly, a similar negative alpha would indicate an underperformance of 1%	N/A
Information Ratio This ratio is used to evaluate the returns a fund manager achieved in comparison to the benchmark, given the risk they take on	N/A
Sharpe Ratio This ratio measures the reward per unit of risk. The Sharpe ratio tells us whether the returns of a portfolio are due to smart investment decisions or a result of excess risk. This measurement is very useful because although one fund can reap higher returns than its peers, it is only a good investment if those higher returns do not come with too much additional risk. The higher the ratio the better is the fund	0.78
Based on Risk Free Rate of %
* Formulas are available in the Education Center

Fund Facts

Objective		To achieve capital appreciation
Asset Type		Fund of Funds
Geographic Focus		Morocco
Currency		MAD
Structure		Open - Ended
Inception Date		July 2007
Initial Target Size		N/A
Fund Size 02Mar12		22,797,058 MAD
NAV Frequency		Weekly
Administrator		BMCE Capital Gestion
Fund Manager		BMCE Capital Gestion
Domicile		Morocco
Elligibility		Open to all investors
Zawya Code Zawya exclusive 7 digit code is used to locate a fund profile on the Funds Monitor through the search box		BMCFPMG.MF