NBAD UAE Islamic Fund

NBAD UAE Islamic Fund (Al Naeem)

NAV 7.0955 AED

+0.034

+0.48%

24 May 2012

Performance Overview as of 24 May 2012

	Fund Return
1 Month	- 3.91%
3 Months	- 6.29%
YTD *	+ 1.66%
1 Year	- 9.30%
3 Years	- 8.08%
5 Years	- 44.91%
Since Inception	- 29.05%

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

Benchmarks: S&P UAE Domestic Shariah Capped at 25% Index

Ratio Analysis *

	Fund
Annualised Return It is a measure that converts rates of returns of any length into annual rates of returns	- 4.52%
Annualised Standard Deviation It measures the volatility of the fund. The higher the percentage, the riskier is the fund	29.58%
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	- 0.33
Based on Risk Free Rate of %
* Formulas are available in the Education Center

Fund Facts

Shariah Compliant

Objective		To achieve long term capital appreciation
Asset Type		Equity
Geographic Focus		UAE
Currency		AED
Structure		Open - Ended
Inception Date		January 2005
Initial Target Size		20,000,000 AED
Fund Size 24Nov11		101,540,000 AED
NAV Frequency		Weekly (Thursday)
Administrator		National Bank of Abu Dhabi
Fund Manager		Rameshwar Tiwary National Bank of Abu Dhabi
Domicile		UAE
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		NADISLM.MF

Fees and Expenses

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

Charts

NAV CHART

NAV (AED) 24May12	7.0955
Change	0.034 ( 0.48%)
Previous Close 17May12	7.0616
12 Month High 16Jun11	8.0856
12 Month Low 19Jan12	6.7604

Investment Strategy

The fund's assets will be invested mainly in listed Shariah compliant UAE equities. The fund may also invest in other listed equities in the Arab markets and third party investments.

Fund Material