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AL WASEELA FUND – F CLASS ebruary...e concentrated exp buted to the active ors Group and Qata...

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AL Perfo M Y Since 1 MTD i 2 YTD i 3 Past P Important In The above info fund. Investm EFG-Hermes F of Qatar Q.S.C of the principal is not indicativ Prospectus and Fund M Review Over the last QETR indice strongest mar The Abu Dha Saudi and Ku was the wors Doha Bank re compared to compared to real estate an earnings grew project mobil 12% in 2014 earnings of Q offers a 5% d in demand fo construction on infrastruct Qatar is plann New Doha Po the phases tog buildings and Company rai 25.7% of the represents an significantly investors. Lis Qatar Fuel is ended budget company. Qa which is an in The performa exposure in th significantly came from th was also attri Qatari Invest course of the real estate an materials spa Histo M Ja Fund WASEEL ormance Trailing Ret MTD 1 YTD 2 e Inception is referenced from previ s referenced from 31 De Performance is no guara nformation ormation should not b ents in this fund are n Financial Management (Founder). This inve l amount invested. Un ve of future performan seek relevant professi anager’s Re period the Waseela es which gained 4.3% rket in the region ha abi bourse was the s uwaiti bourses rose t performing having eported its FY 2013 a 13.3% increase fo 19.7% for the secto d contracting sector w by 0.6% Y-o-Y on lization continues, e with an increase in QAR 436mn for FY dividend yield and e or cement in the buil sector. Reports stat ture over the next fi ning on advancing t ort project to 2020 i gether. The project d infrastructure soon sed QAR 3.2bn in t company to the loc n attractive valuation post listing and as t sting is set for Febru looking into intern t and this may provi atar Airways is set t ndication of growin ance of the fund ove he UAE and Saudi outperformed the D he concentrated exp ibuted to the active ors Group and Qata period the Investm d construction secto ace orical Net A Month anuary d Statistics Beta 0.76 LA FUND F urns 5.30% 9.77% 104.65% ous NAV date to this NA ecember 2013 antee of future trends, e considered an offer, not deposits in, obliga (Egypt) Limited (Fun estment is subject to in nit values and income nce. Investors should ional advice before ma eport a Fund gained 5.3% % and 4.8% respec aving rallied 17.0% second best perform by 2.6% and 2.2% g gained 0.3% 3 results. The loan b or the sector and dep or overall. The loan rs. Net interest inco n the back of an 11 earnings are expecte n dividends paid. Qa 2013 representing earnings growth is e lding materials spac e that the country is ive years the completion of it instead of 2030 as o has crossed 33% co n to be initiated. Me the first IPO in the c cal market at QAR 1 n and the expectatio the name eventually uary 26 th ational expansion p ide another signific o receive the first A ng aviation fuel dem er the last period wa as the chosen name DSM. Positive cont osure to names such decision to limit or ar Navigation which ment Manager reshuf or and added exposu Asset Value Offer 17.3824 Standard Deviation 23.00% – F CLAS February QE Ind 4.25% 11.24 87.04 AV date , or solicitation, to de ations of, or guarantee nd Manager) or The Co nvestment risks includi may fall or rise and p read the Articles of aking any investment d % compared to the D tively. Dubai contin % over the course of ming with a gain of respectively. The O book expanded by 2 posit growth was 23 book growth was d ome was up 8.5% Y .1% increase in pro ed to grow by appro atar National Cemen a 2.5% rise Y-o-Y. expected to arise fro ce due to the growth s set to spend up to ts major 6mn TEU, originally planned b ompletion with con esaieed Petrochemic country since 2010 10 per share. The of on is for the share p y opens up for other possibly into Europe cant earnings catalys A 350 and three A 3 mand as attributed to off i es in these markets a tribution in the Qata h as Qatar Fuel. Per avoid exposure in n h underperformed. O ffled UAE exposur e ure in the Qatari bu Bid 17.208 Tracking 0.10 SS 2014 dex % % % al in the subject ed or insured by ommercial Bank ing possible loss past performance Association and decision. DSM and nues to be the the period. 9.6%. The Omani market 21.8% Y-o-Y 3.6% driven by the Y-o-Y but ovisioning. As oximately nt reported The company om a growth h in the USD 205bn QAR 27bn by merging nstruction of cal Holding by offering ffer price rice to rally r classes of e with an open st for the 80s in 2014 index as they ari market rformance names such as Over the e within the uilding 86 Error 0 Net Asset Objective The principal ob listed Qatar and Benchmark QE Index FUND ANALY Top 5 equity QATAR NATIO INDUSTRIES QATAR FUEL MASRAF AL R OOREDOO QAsset Allocat Type Cash Listed Equitie Geographic B Fund Informa Currency Launch Date Type Fund Size Minimum Subsc Maximum Subs Minimum Subse Subscription FeManagement Fe Performance Fe Dealing Valuation Date Founder Fund Manager Custodian License No. of Fund Registratiof Economy & C Value as at bjective of the fuGCC equities. YSIS holdings ONAL BANK QATAR CO RAYAN .S.C. ion L es Breakdown Saudi Arabia 8.99% Cash 1.19% ation cription scription equent Subscripte ee ee Fund on No. at Minist Commerce 16 Februar nd is long term c Last Month 0.00% 100.00% UAE 4.42% Qatari R 15 April Open E QR 68,4 QR 25,0 2,000,0ion QR 5,00 3.00% 1.50% 20% ovMonthly 15 th day The CoP O Box Tel: +97 EFG-He (Egypt) HSBC B IF/620/ try 34168 ry 2014 1capital appreciati This Month 1.19% 98.81% Riyal 2007 nded 499,164 000 at Offer Pric00 units at Offe00 at Offer Price per annum er Hurdle Rate o 201 March 6 y by y of each calenda mmercial Bank o x 3232 Doha Qa74 449 0000 ermes Financial Limited Bank Middle Eas 06 Offer B 8.3037 18. on through inve% o1 1 % Chah 1.19-1.19 Qatar 85.40% e r Price of 10% 4 ar month of Qatar (Q.S.C) tar Management t Limited Bid 1207 sting in f NAV 14.31% 13.15% 9.55% 9.39% 7.78% nge % %
Transcript
Page 1: AL WASEELA FUND – F CLASS ebruary...e concentrated exp buted to the active ors Group and Qata period the Investm d construction secto ce rical Net A onth nuary Statistics Beta 0.76

AL

Perfo

MY

Since1 MTD i2 YTD i3 Past P

Important InThe above infofund. InvestmEFG-Hermes Fof Qatar Q.S.Cof the principalis not indicativProspectus and

Fund MReviewOver the last QETR indicestrongest marThe Abu DhaSaudi and Kuwas the wors

Doha Bank recompared to compared to real estate anearnings grewproject mobil12% in 2014 earnings of Qoffers a 5% din demand foconstruction on infrastruct

Qatar is plannNew Doha Pothe phases togbuildings andCompany rai25.7% of the represents ansignificantly investors. Lis

Qatar Fuel is ended budgetcompany. Qawhich is an in

The performaexposure in thsignificantly came from thwas also attriQatari Investcourse of the real estate anmaterials spa

HistoM

Ja

Fund

WASEEL

ormanceTrailing Ret

MTD 1

YTD 2

e Inceptionis referenced from previs referenced from 31 DePerformance is no guara

nformationormation should not bents in this fund are n

Financial Management (Founder). This invel amount invested. Unve of future performan

seek relevant professi

anager’s Re

period the Waseelaes which gained 4.3%rket in the region haabi bourse was the suwaiti bourses rose t performing having

eported its FY 2013a 13.3% increase fo19.7% for the sectod contracting sector

w by 0.6% Y-o-Y onlization continues, ewith an increase in

QAR 436mn for FY dividend yield and eor cement in the builsector. Reports statture over the next fi

ning on advancing tort project to 2020 igether. The project d infrastructure soonsed QAR 3.2bn in tcompany to the loc

n attractive valuationpost listing and as tsting is set for Febru

looking into internt and this may proviatar Airways is set tndication of growin

ance of the fund ovehe UAE and Saudi outperformed the D

he concentrated expibuted to the active ors Group and Qataperiod the Investmd construction secto

ace

orical Net AMonthanuary

d StatisticsBeta

0.76

LA FUND F

urns5.30%9.77%

104.65%ous NAV date to this NAecember 2013 antee of future trends,

e considered an offer,not deposits in, obligat (Egypt) Limited (Funestment is subject to innit values and income nce. Investors should ional advice before ma

eport

a Fund gained 5.3%% and 4.8% respecaving rallied 17.0%second best performby 2.6% and 2.2% g gained 0.3%

3 results. The loan bor the sector and depor overall. The loan rs. Net interest incon the back of an 11earnings are expecte

n dividends paid. Qa2013 representing

earnings growth is elding materials space that the country isive years

the completion of itinstead of 2030 as ohas crossed 33% co

n to be initiated. Methe first IPO in the ccal market at QAR 1n and the expectatiothe name eventuallyuary 26th

ational expansion pide another significo receive the first A

ng aviation fuel dem

er the last period waas the chosen name

DSM. Positive contosure to names suchdecision to limit or

ar Navigation whichment Manager reshuf

or and added exposu

Asset ValueOffer

17.3824

StandardDeviation23.00%

– F CLASFebruary

QE Ind4.25%

11.2487.04

AV date

, or solicitation, to deations of, or guaranteend Manager) or The Convestment risks includi

may fall or rise and pread the Articles of

aking any investment d

% compared to the Dtively. Dubai contin

% over the course of ming with a gain of

respectively. The O

book expanded by 2posit growth was 23book growth was d

ome was up 8.5% Y.1% increase in proed to grow by approatar National Cemena 2.5% rise Y-o-Y.

expected to arise froce due to the growths set to spend up to

ts major 6mn TEU, originally planned bompletion with conesaieed Petrochemiccountry since 2010 10 per share. The ofon is for the share py opens up for other

possibly into Europecant earnings catalysA 350 and three A 3mand

as attributed to off ies in these markets atribution in the Qatah as Qatar Fuel. Peravoid exposure in n

h underperformed. Offled UAE exposureure in the Qatari bu

Bid17.208

Tracking

0.10

SS

N2014

dex%%%

al in the subject ed or insured by ommercial Bank ing possible loss

past performance Association and

decision.

DSM and nues to be the the period. 9.6%. The

Omani market

21.8% Y-o-Y 3.6%

driven by the Y-o-Y but ovisioning. As oximately nt reported The company

om a growth h in the USD 205bn

QAR 27bn by merging nstruction of cal Holding by offering ffer price rice to rally r classes of

e with an open st for the 80s in 2014

index as they ari market rformance names such as Over the e within the uilding

86

Error

0

Net Asset VObjective The principal oblisted Qatar and

Benchmark QE Index

FUND ANALY

Top 5 equity h

QATAR NATIOINDUSTRIES QQATAR FUEL MASRAF AL ROOREDOO Q.

Asset AllocatTypeCashListed Equitie

Geographic B

Fund InformaCurrencyLaunch DateTypeFund SizeMinimum SubscMaximum SubsMinimum SubseSubscription FeeManagement FePerformance FeDealingValuation DateFounder

Fund Manager

Custodian License No. of F Fund Registratio of Economy & C

Value as at

bjective of the funGCC equities.

YSIS

holdings

ONAL BANKQATARCO

RAYAN.S.C.

ionL

es

Breakdown

Saudi Arabia8.99%

Cash1.19%

ation

criptionscriptionequent Subscriptieeeee

Fundon No. at Minist

Commerce

16 Februar

nd is long term c

Last Month0.00%

100.00%

UAE4.42%

Qatari R15 April Open EQR 68,4QR 25,02,000,00

ion QR 5,003.00%1.50%20% oveMonthly15th dayThe ComP O BoxTel: +97EFG-He(Egypt) HSBC B IF/620/

try 34168

ry 2014 18

capital appreciati

This Month1.19%

98.81%

Riyal2007

nded499,164 000 at Offer Price00 units at Offer00 at Offer Price

per annumer Hurdle Rate o

201March6y by y of each calendammercial Bank ox 3232 Doha Qat74 449 0000ermes Financial Limited

Bank Middle Eas06

Offer B

8.3037 18.

on through inves

% of

11

% Chanh1.19%-1.19

Qatar85.40%

er Price

of 10%4

ar monthof Qatar (Q.S.C)tar

Management

t Limited

Bid

1207

sting in

f NAV

14.31% 13.15%

9.55% 9.39% 7.78%

nge%%

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