AlJazira Capital-managed funds deliver positive returns YTD

Logo of AlJazira Capital

The investment funds managed by AlJazira Capital demonstrated positive performance year-to-date (YTD), as data compiled by Argaam showed.

AlJazira Saudi Equities Fund reported the highest return of 31.3% YTD, compared to the other managed funds, compared to 18.8% on average for the local equity funds in the Saudi market.

The fund aims to achieve capital growth in the long term by investing in a Shariah-compliant, diversified portfolio.

AlJazira GCC Income Fund reported a return of 28.1% YTD, compared to 14.3% on average for the same-class equity funds.

The fund return includes a dividend yield of SAR 3.3 per unit for the period from December 2022 to May 2023.

The fund invests in GCC sukuk as well as the portfolios of GCC-listed securities, which deliver high dividends and have potential growth.

Open-Ended Funds Managed By AlJazira Capital
Open-Ended Funds	Class	NAV (SAR mln)
AlJazira Saudi Equities Fund	Equity - Local	598.5
AlJazira GCC Income Fund	Equity - International	21.5
AlJazira Japanese Equities Fund	Equity - International	199.3
AlJazira International Equities Fund	Equity - International	393.9
AlJazira European Equities Fund	Equity - International	174.2
AlJazira Global Emerging Markets Fund	Equity - International	21.9
AlJazira Asset Allocation Fund - Growth Strategy	Diversified - International	261.7
AlJazira Asset Allocation Fund - Moderate Strategy	Diversified - International	91.2
AlJazira Asset Allocation Fund - Conservative Strategy	Diversified - International	74.2
AlJazira Saudi Riyal Murabaha Fund	Money Market -International	1,620.6
AlJazira USD Murabaha Fund	Money Market -International	51.4
AlJazira Sukuk Fund	Sukuk-International	122.8

The below table shows the performance of funds managed by AlJazira Capital YTD:

Performance of AlJazira Capital Funds YTD
Fund	Return	Class Average Return	Margin
AlJazira Saudi Equities Fund	31.26%	18.84%	12%
AlJazira GCC Income Fund	28.14%	14.31%	14%
AlJazira Japanese Equities Fund	20.50%	14.31%	6%
AlJazira International Equities Fund	18.12%	14.31%	4%
AlJazira European Equities Fund	11.79%	14.31%	-3%
AlJazira Global Emerging Markets Fund	0.47%	14.31%	-14%
AlJazira Asset Allocation Fund - Growth Strategy	15.81%	8.67%	7%
AlJazira Asset Allocation Fund - Moderate Strategy	9.16%	8.67%	0%
AlJazira Asset Allocation Fund - Conservative Strategy	3.56%	8.67%	-5%
AlJazira Saudi Riyal Murabaha Fund	2.24%	2.15%	0%
AlJazira USD Murabaha Fund	2.12%	2.15%	0%
AlJazira Sukuk Fund	2.30%	1.12%	1%

The following table shows the return on investment of SAR 1000 in AlJazira Capital-managed funds for one month, three months, and YTD:

Return on SAR 1000 investment in AlJazira Capital-managed funds
Fund	1M Return	3M Return	YTD
AlJazira Saudi Equities Fund	1,121	1,185	1,313
AlJazira GCC Income Fund	1,117	1,167	1,281
AlJazira Japanese Equities Fund	1,028	1,071	1,205
AlJazira International Equities Fund	1,051	1,069	1,181
AlJazira European Equities Fund	1,020	1,017	1,118
AlJazira Global Emerging Markets Fund	1,033	958	1,005
AlJazira Asset Allocation Fund - Growth Strategy	1,053	1,077	1,158
AlJazira Asset Allocation Fund - Moderate Strategy	1,029	1,041	1,092
AlJazira Asset Allocation Fund - Conservative Strategy	1,005	1,012	1,036
AlJazira Saudi Riyal Murabaha Fund	1,004	1,011	1,022
AlJazira USD Murabaha Fund	1,004	1,010	1,021
AlJazira Sukuk Fund	1,001	1,001	1,023

Mutual Funds

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