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Jadwa GCC Equity Index Fund (JADGEIF.IF)

NAV 46.145SAR -0.1130.240%
Also known as: Jadwa GCC Equity Index|Shariah Compliant|As of 31 Jan 2018

Fund Facts

StatusLiquidated
Asset Type Equity
Geographic FocusGCC
DomicileSaudi Arabia
Lipper GlobalEquity GCC (Gulf Coop Cncl)
StructureSA - Open-ended Fund
Inception DateJune 2008
CurrencySAR
Fund Size52,700 SAR
NAV FrequencyPricing Daily, Sun-Thu
AdministratorJadwa Investment
SponsorJadwa Investment
Fund ManagerJadwa Investment
Investment AdvisorJadwa Investment

Fund Returns

1 Month-36.248%
3 Months-36.124%
YTD*-36.248%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta-3.118
Alpha-2.850
Sharpe Ratio-0.319
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

The objective of the fund is to provide long-term capital growth by investing in GCC equity markets, in proportion to the constituents of the S&P GCC Shariah Composite Index. The Fund Manager employs a passive investment strategy by investing its assets in Shariah compliant companies listed on the GCC equity markets in proportion with the weights of each constituent of the Index. The underlying investments of the Fund shall be in accordance with Shariah investment guidelines of the Fund Manager's Shariah Committee.

Fund Performance

NAV (SAR)
46.145
Change
-0.113 (0.240%)
Previous Close
46.258
12 Months High
75.826
12 Months Low
46.145

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