Fact sheet: Schroder ISF Mid East

Fund information

Fund name
Schroder ISF Middle East C Acc NAV USD
Fund company manager
Schroder Investmt Mgt(LUX)S.A.
Fund type
SIB
Fund manager(s)
Tom Wilson
since 12/08/2016
Rami Sidani
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. The fund invests at least two-thirds of its assets in equities of companies in the Middle Eastern companies including companies in emerging Mediterranean markets and North Africa. The fund typically holds 30-70 companies.The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently. The fund may also hold cash.
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

-0.03 %

1 Year rank in sector

11/11

Sector

FO Equity - MENA

Yield

3.09

Fund size

£ 101.7 m

FE Risk score

103

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Saudi Arabia
    23.45%
  • Turkey
    19.21%
  • United Arab Emirates
    19.15%
  • Kuwait
    14.76%
  • Egypt
    10.52%
  • Financials
    35.2%
  • Real Estate
    13.56%
  • Materials
    9.98%
  • Telecommunications Utilities
    9.86%
  • Energy
    7.5%
  • Saudi Arabian Equities
    23.45%
  • Turkish Equities
    19.21%
  • Emirian Equities
    19.15%
  • Kuwaiti Equities
    14.76%
  • Egyptian Equity
    10.52%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.41 %0.86 %-0.03 %-4.01 %13.1 %
Sector-0.62 %9.06 %11.31 %1.36 %30.49 %
Rank within sector7 / 1111 / 1111 / 117 / 117 / 9
Quartile th3 rd4 th4 th3 rd4 th

Calendar performance

YTD-20182017201620152014
Fund-0.9 %12.12 %4.66 %-17.83 %13.71 %
Sector8.34 %9.35 %5.07 %-14.96 %12.24 %
Rank within sector11 / 115 / 114 / 119 / 115 / 10
Quartile th4 th2 nd2 nd4 th2 nd

Risk statistics

Alpha-1.32
Beta0.98
Sharpe-0.01
Volatility13.18
Tracking error6.05
Information ratio-0.24
R-Squared0.79

Price movement

52 week high13.7906
52 week low12.3873
Current bid price0
Current offer price0
Current mid price12.7573

Holdings by region

  • 23.45% Saudi Arabia
  • 19.21% Turkey
  • 19.15% United Arab Emirates
  • 14.76% Kuwait
  • 10.52% Egypt
  • 4.38% Qatar
  • 4.16% Not Specified
  • 1.41% Lebanon
  • 1.06% Morocco
  • 0.96% Oman

Holdings by sector

  • 35.2% Financials
  • 13.56% Real Estate
  • 9.98% Materials
  • 9.86% Telecommunications Utilities
  • 7.5% Energy
  • 7.34% Industrials
  • 4.62% Consumer Discretionary
  • 4.16% Others
  • 3.36% Consumer Staples
  • 2.94% Utilities

Holdings by asset type

  • 23.45% Saudi Arabian Equities
  • 19.21% Turkish Equities
  • 19.15% Emirian Equities
  • 14.76% Kuwaiti Equities
  • 10.52% Egyptian Equity
  • 4.38% Qatari Equities
  • 4.17% Money Market
  • 1.41% Middle East & African Equities
  • 1.06% Moroccan Equity
  • 0.96% Omani Equities

Individual holdings

  • 7.16% NATIONAL BANK OF KUWAIT
  • 5.81% HSBC BANK PLC MKT ACCESS NTS 19/01/21(SAUDI)USD27.04
  • 5% AL RAJHI BANK
  • 5% EMAAR PROPERTIES
  • 4.31% TURKIYE PETROL RAFINERILERI A.S.
  • 3.22% HUMAN SOFT HOLDING CO.
  • 3.21% TALAAT MOSTAFA GROUP(TMG)
  • 3.14% DP WORLD LTD
  • 3.14% TURKCELL ILETISIM HIZMET
  • 3.12% AKBANK T.A.S.