Fact sheet: Franklin MENA

Fund information

Fund name
Franklin MENA A Acc USD
Fund company manager
Franklin Temp Intnl Serv SARL
Fund type
SIB
Fund manager
Purav Jhaveri
since 16/06/2008
Fund objective
The Fund aims to achieve long-term capital appreciation by investing primarily in equity securities of companies across the entire market capitalisation spectrum in the Middle East and North Africa (MENA) region, including, but not limited to Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates.
Benchmark
S&P Pan Arab Composite Large Mid Cap KSA Capped at 30 percent
Investment style
None
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

21.14 %

1 Year rank in sector

3/12

Sector

FO Equity - MENA

Yield
-
Fund size

£ 85.4 m

FE Risk score

123

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Saudi Arabia
    31.3%
  • United Arab Emirates
    29.42%
  • Egypt
    18.6%
  • Kuwait
    12.21%
  • Qatar
    4.95%
  • Financials
    31.07%
  • Real Estate
    15.13%
  • Industrials
    13.67%
  • Consumer Discretionary
    12.7%
  • Consumer Staples
    7.83%
  • Saudi Arabian Equities
    31.3%
  • Emirian Equities
    29.42%
  • Egyptian Equity
    18.6%
  • Kuwaiti Equities
    12.21%
  • Qatari Equities
    4.95%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.44 %10.7 %20.19 %-22.1 %36.58 %
Sector0.62 %5.4 %15.11 %-13.71 %30 %
Rank within sector3 / 122 / 123 / 1210 / 125 / 10
Quartile th1 st1 st1 st4 th2 nd

Calendar performance

YTD-20172016201520142013
Fund13.29 %-5.43 %-11.03 %9.06 %34 %
Sector8.87 %5.07 %-14.96 %12.24 %20.23 %
Rank within sector5 / 1211 / 125 / 129 / 113 / 10
Quartile th2 nd4 th2 nd4 th2 nd

Risk statistics

Alpha-2.84
Beta1.17
Sharpe-0.02
Volatility15.45
Tracking error6.58
Information ratio-0.59
R-Squared0.84

Price movement

52 week high6.36
52 week low4.92
Current bid price0
Current offer price0
Current mid price6.32

Holdings by region

  • 31.3% Saudi Arabia
  • 29.42% United Arab Emirates
  • 18.6% Egypt
  • 12.21% Kuwait
  • 4.95% Qatar
  • 1.56% Oman
  • 1% Lebanon
  • 0.96% Money Market

Holdings by sector

  • 31.07% Financials
  • 15.13% Real Estate
  • 13.67% Industrials
  • 12.7% Consumer Discretionary
  • 7.83% Consumer Staples
  • 6.07% Health Care
  • 4.27% Telecommunications Utilities
  • 3.92% Materials
  • 2.8% Utilities
  • 1.58% Energy

Holdings by asset type

  • 31.3% Saudi Arabian Equities
  • 29.42% Emirian Equities
  • 18.6% Egyptian Equity
  • 12.21% Kuwaiti Equities
  • 4.95% Qatari Equities
  • 1.56% Omani Equities
  • 1% Middle East & African Equities
  • 0.96% Money Market

Individual holdings

  • 7.04% AL RAJHI BANK
  • 5.64% EMAAR PROPERTIES
  • 4.68% BANQUE BEMO SAUDI FRANSI SA
  • 4.04% NATIONAL BANK OF KUWAIT
  • 3.34% DP WORLD LTD
  • 3.15% NMC HEALTH PLC
  • 3.14% SAMBA FINANCIAL GROUP
  • 3.09% SIX OF OCTOBER DEV & INV CO
  • 3.07% AL TAYYAR TRAVEL GROUP
  • 3.03% AMANAT HOLDING PJSC