Fact sheet: Schroder ISF Mid East

Fund information

Fund name
Schroder ISF Middle East A Acc NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager
Allan Conway
since 03/09/2007
Fund objective
The fund aims to provide capital growth by investing in equities of Middle Eastern companies. The fund also invests in companies in emerging Mediterranean markets and North Africa.
Benchmark
MSCI Arabian Markets and Turkey with Saudi Arabia Domestic Capped at 20 percent
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

11.69 %

1 Year rank in sector

6/12

Sector

FO Equity - MENA

Yield

2.6

Fund size

£ 104.0 m

FE Risk score

118

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Turkey
    25.1%
  • United Arab Emirates
    22.26%
  • Saudi Arabia
    18.68%
  • Kuwait
    12.93%
  • Egypt
    10.46%
  • Financials
    36.49%
  • Real Estate
    15.58%
  • Telecommunications Utilities
    12.67%
  • Industrials
    8.82%
  • Materials
    8.35%
  • Turkish Equities
    25.1%
  • Emirian Equities
    22.26%
  • Saudi Arabian Equities
    18.68%
  • Kuwaiti Equities
    12.93%
  • Egyptian Equity
    10.46%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.98 %8.49 %10.2 %-14.29 %39.95 %
Sector-0.31 %6.42 %10.25 %-10.67 %32.31 %
Rank within sector2 / 124 / 126 / 127 / 125 / 10
Quartile th1 st2 nd2 nd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund13.63 %4.06 %-18.27 %12.99 %17.45 %
Sector8.26 %5.07 %-14.96 %12.24 %20.23 %
Rank within sector4 / 125 / 1210 / 126 / 117 / 10
Quartile th2 nd2 nd4 th3 rd3 rd

Risk statistics

Alpha-2.22
Beta0.97
Sharpe-0.01
Volatility13.54
Tracking error6.47
Information ratio-0.36
R-Squared0.77

Price movement

52 week high12.3663
52 week low10.4051
Current bid price0
Current offer price0
Current mid price12.2738

Holdings by region

  • 25.1% Turkey
  • 22.26% United Arab Emirates
  • 18.68% Saudi Arabia
  • 12.93% Kuwait
  • 10.46% Egypt
  • 5.57% Qatar
  • 1.63% Lebanon
  • 1.3% Morocco
  • 1.22% Oman
  • 1.03% UK

Holdings by sector

  • 36.49% Financials
  • 15.58% Real Estate
  • 12.67% Telecommunications Utilities
  • 8.82% Industrials
  • 8.35% Materials
  • 5.48% Consumer Staples
  • 4.86% Consumer Discretionary
  • 3.71% Energy
  • 1.64% Utilities
  • 1.62% Health Care

Holdings by asset type

  • 25.1% Turkish Equities
  • 22.26% Emirian Equities
  • 18.68% Saudi Arabian Equities
  • 12.93% Kuwaiti Equities
  • 10.46% Egyptian Equity
  • 5.57% Qatari Equities
  • 1.63% Middle East & African Equities
  • 1.3% Moroccan Equity
  • 1.22% Omani Equities
  • 1.03% UK Equities

Individual holdings

  • 8.84% EMAAR PROPERTIES
  • 5.03% AL RAJHI BANK
  • 5% HSBC BANK PLC PALMS1219 22/01/18(SAUDI BC IND)USD20.58
  • 4.88% AKBANK T.A.S.
  • 4.81% NATIONAL BANK OF KUWAIT
  • 4.25% HUMAN SOFT HOLDING CO.
  • 3.29% COMMERCIAL INTL BANK(EGYPT)S.A.E
  • 3.08% TURKCELL ILETISIM HIZMET
  • 3.07% KOC HLDG
  • 2.94% ULKER BISKUVI SANAYI AS