Al Arabi USD Money Market – ANB Invest

Current Unit Price (24/11/2010) 13.13
Change Since Previous close 0.00
Previous close (23/11/2010) 13.13
1 Year High (24/11/2010) 13.13
1 Year Low (14/12/2009) 13.11


1 Month Return(%) 0.02

6 Month Return(%) 0.09

1 Year Return(%) 0.16

3 Year Return(%) 4.30
Currency: USD Management Fee: 0.5%
Category: Money Market Intl Sub Category: -
Date of Inception: 31/05/2000 Price at Inception: 10
Classification: Income Minimum Initial subscription: 2,000
Additional Subscription: 500 Portfolio Type: Open Ended
Listing/Registration: Kingdom of Saudi Arabia Risk: Low
Subscription deadline: - Redemption deadline: -
Valuation Date: Daily Announced on: Sat. thru. Wed.
Fund Assets: - Fund Benchmark: 1 month LIBOR

Fund Objective:
Short term capital growth in excess of the benchmark through investing in Money market instruments.

Investment Policy:
Bank deposits, Government Bonds, Certificates of Deposits, Treasury Bills and other conservative investment instruments.

Fund Manager's Comments:
Concern over the pace of recovery in the global economies reared its head again in 2Q10 with investors witnessing a fresh bout of risk aversion. Apart from the persistent worries on the state of the European sovereign debt crisis, there were renewed concerns regarding global growth prospects. The European sovereign debt crisis also took its toll on the Euro, which saw a major decline in value in the last three month period. In view of this backdrop, all central banks belonging to the developed economies continued to maintain their extremely low interest rate environment. Both the US Fed and ECB met during the quarter and decided to keep their benchmark rates unchanged at 0.25% and 1%, respectively. Similarly, the BoE decided to maintain its benchmark rate at 0.50% while the Bank of Japan (BoJ) maintained its benchmark rate at 0.10%. In contrast selected Central Banks such as Brazil and India implemented monetary tightening measures in 2Q10. Since March, India has already increased its rates twice to curtail its 10% inflation growth. Despite the challenging conditions, the Al Arabi USD Money Market Fund returned .1% during the second quarter of the current year compared to the Fund's benchmark return of 0.33% during the same period.

Major Investments
ADCB 6.00%
Arab Bank 22.8%
National Bank of Abu Dhabi 2.8%
Saudi Hollandi Bank 18.3%
Bank Al Jazira 0.5%


Administrator: Khalid Al Faleh

Fund Manager's Contact Information:
City: Riyadh Website:
Address: - Email: [email protected]
P.O. Box: 56921 Telex: -
Postal Code: 11564 Telephone: 8007540022
Fax: 0096614027747 Mobile: -
Note: All funds facts are updated continuously, however, it's strongly recommended to revert to the respective fund manager for the latest information before making any investment decision.

Mutual Funds (Funds managed under ANB Invest)

Fund Name Category Sub Category Last Unit Price Valuation Date One year change
Al-Mubarak Balanced Fund Balanced Intl Shari'ah Compliant 13.46 13/08/2017 6.22%
Al-Arabi Balanced Fund Balanced Intl - 16.04 13/08/2017 7.35%
Al-Arabi Conservative Fund Balanced Intl - 13.98 13/08/2017 4.77%
Al-Arabi Growth Fund Balanced Intl Shari'ah Compliant 18.72 13/08/2017 9.64%
Al-Arabi SAR Money Market Fund Money Market Local - 15.13 15/08/2017 2.43%
Al-Arabi Asian Equity Fund Stock ASIA - 22.38 14/06/2017 16.12%
Al-Mubarak Pure Saudi Equity Fund Stock Local Shari'ah Compliant 6.96 13/08/2017 13.02%
Al-Mubarak Saudi Equity Fund Stock Local Shari'ah Compliant 94.43 13/08/2017 15.07%
Al-Arabi Saudi Equity Fund Stock Local - 91.67 13/08/2017 18.67%
Al-Mubarak IPO Fund Stock Local Shari'ah Compliant 9.46 13/08/2017 2.15%
AI-Arabi US Equity Fund Stock US - 18.56 13/08/2017 10.41%
Al-Mubarak USD Trade Fund Trade Finance Intl Shari'ah Compliant 18.25 15/08/2017 1.05%
Al-Mubarak SAR Trade Fund Trade Finance Local Shari'ah Compliant 20.25 15/08/2017 2.37%
Al Mubarak Diyar Jeddah RE Fund Real Estate Shari'ah Compliant 18.29 29/12/2016 -6.89%
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