NBAD UAE Trading Fund

UTF - December 2019

Key Facts Investment Objective
The Fund aims to capture short-term trading opportunities arising primarily in UAE equities.
Domicile UAE
The Fund aims to provide attractive returns over medium-term, while reducing directional
downward risk in the underlying markets. The Fund will invest in a portfolio of UAE, Middle
Inception Date 28 January 2004
East and North Africa (MENA) equities and related securities including third party collective
investment schemes, across sectors, whether listed on the Dubai or Abu Dhabi Financial
Fund Size (mn) 110.34
Markets or, where appropriate, purchased through ‘over the counter’ arrangements. The
purchase and sale of assets will be dependent on market volatility and the relative asset
Base Currency AED
attractiveness at a given time. The Fund Managers will seek returns over the short-term via
active management, sector rotation, stock picking and cost-effective trading.
NAV 16.9192

NAV Date 31 December 2019

Benchmark Not Applicable Performance

500.00
Minimum
AED 500
Investment 400.00
Subsequent 300.00
AED 1
Investment
Dealing 200.00
Daily - Sunday to Thursday
Frequency 100.00
Dividend
Not Applicable 0.00
Frequency

Aug 2016
Oct 2005
Aug 2006

Aug 2011
Dec 2009

Dec 2014

Dec 2019
Oct 2010

Oct 2015
Nov 2004

Apr 2008
Feb 2009

Apr 2013
Feb 2014

Apr 2018
Feb 2019
Jan 2004

Jun 2007

Jun 2012

Jun 2017
Bloomberg Ticker NBADUTF UH EQUITY

ISIN NA Fund

Subscription Fee 0 to 1% 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years SI

2.00% plus performance Fund 4.45% 3.22% 2.67% 13.73% 1.83% -1.54% 3.36%
Management Fee
fee* 3 Years, 5 Years and Since Inception (SI) performance is annualized.

First Abu Dhabi Bank PJSC -

Fund Manager
Investment Management
YTD 2018 2017 2016 2015 2014
Custodian First Abu Dhabi Bank PJSC Fund 13.73% -0.51% -6.69% 2.06% -14.13% 5.64%
Fund performance is calculated net of fees Since Inception (SI) of the Fund.
Administrator Apex Fund Services Ltd
*10% of the excess performance of the fund over the benchmark provided the NAV
exceeds the previous highest NAV on which the performance fee was paid.

Country Allocation Sector Allocation

54.53% Financials
50.07% United Arab Emirates
12.00% Real Estate
34.10% Saudi Arabia 10.74% Consumer Discretionary

6.36% Communication Services

7.09% Kuwait
5.24% Cash

5.24% Cash 4.79% Materials

3.80% Energy
3.50% Bahrain
2.54% Industrials

FAB Investment Management | www.bankfab.com

 NBAD UAE Trading Fund - December 2019

Key Statistics Asset Allocation

Fund Volatility 9.82%
Benchmark Volatility
Tracking Error 94.76% Equity
Information Ratio
Alpha
Rolling 1 Year data
5.24% Cash

Top Holdings
EMIRATES NBD PJSC 8.02%
DUBAI ISLAMIC BANK 7.02%
ALDAR PROPERTIES PJSC 7.02%
FIRST ABU DHABI BANK PJSC 6.34%
AL RAJHI BANK 6.20%

For More Information

Please call us at +971 2 692 0609
or email us at fundmanagement@bankfab.com
Webite: www.bankfab.com

Disclaimer
The Fund is a collective investment fund authorized by the Securities & Commodities Authority of the UAE. This report is provided for information purposes only. The report
is based on available information and is deemed reliable, but no assurance is given as to its accuracy, or completeness. First Abu Dhabi Bank PJSC is not accountable for any
decision based on the contents of this report. Neither the information, nor the opinions contained herein are to be construed as an offer to buy and/or sell securities
mentioned above. Past performance is no indication of current or future performance, and it does include the commissions and costs incurred on the issue and redemption
of shares. First Abu Dhabi Bank PJSC is licensed by the Central Bank of the UAE.

FAB Investment Management | www.bankfab.com