Jadwa Global Sukuk Fund

NAV 112.3383 USD

- 0.104

- 0.09%

22 May 2012

Performance Overview as of 22 May 2012

	Fund Return
1 Month	+ 0.25%
3 Months	+ 0.90%
YTD *	+ 1.92%
1 Year	+ 2.43%
3 Years	+ 14.95%
5 Years	N/A
Since Inception	+ 12.26%

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

Benchmarks: 3-Month LIBOR + 100bps

Ratio Analysis *

	Fund
Annualised Return It is a measure that converts rates of returns of any length into annual rates of returns	+ 2.51%
Annualised Standard Deviation It measures the volatility of the fund. The higher the percentage, the riskier is the fund	5.38%
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	- 0.71
Based on Risk Free Rate of %
* Formulas are available in the Education Center

Fund Facts

Shariah Compliant

Objective		To achieve long term capital appreciation while maintaining a low level of risk
Asset Type		Sukuk
Geographic Focus		MENA
Currency		USD
Structure		Open - Ended
Inception Date		October 2007
Initial Target Size		N/A
Fund Size 27Mar12		15,737,560 USD
NAV Frequency		Weekly
Administrator		Jadwa Investment
Fund Manager		Sarah Al Suhaimi Jadwa Investment
Domicile		Saudi Arabia
Elligibility		Open to GCC nationals and KSA residents. Non GCC residents need the CMA's authorization.
Zawya Code Zawya exclusive 7 digit code is used to locate a fund profile on the Funds Monitor through the search box		JADSKUK.MF

Fees and Expenses

Min. Subscription
Dividend Policy
Administration Fee
Subscription Fee
Redemption Fee
Performance Fee
Custodian Fee
Management Fee

Charts

NAV CHART

NAV (USD) 22May12	112.3383
Change	0.104 ( 0.09%)
Previous Close 15May12	112.4425
12 Month High 08May12	112.5557
12 Month Low 04Oct11	108.2370

Investment Strategy

The fund’s assets will be invested mainly in a diversified portfolio of sovereign, quasi-sovereign, corporate and convertible Sukuk. The Fund may also invest in Shariah compliant project finance and structured finance transactions. Excess cash which the Fund may have from time to time would be invested in short-term Murabaha deposits

Fund Material