# Meet the Team
| Risk analysis (rolling) (Source: Fund | Admin) |  |  |  |  | Performance analytics (Source: Fund Admin) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 year | 3 years | 5 years | 10 years |  |  | Inception to date |
| Portfolio volatility | 18.25% | 18.07% | 15.80% | 15.86% |  | Maximum drawdown | -67.67% |
| Benchmark volatility | 17.32% | 17.32% | 15.27% | 15.58% |  | Recovery period (days) | 1,985 |
| Ex-post Tracking Error | 3.08% | 3.15% | 2.97% | 3.14% |  | Worst month | 10/2008 |
| Information ratio | -0.55 | -0.50 | -0.89 | -0.18 |  | Lowest return | -28.69% |
| Portfolio sharpe ratio | -0.74 | 0.40 | 0.34 | 0.36 |  | Best month | 04/2009 |
| Beta | 1.04 | 1.03 | 1.02 | 1.00 |  | Highest return | 20.75% |

Portfolio Breakdown (Source: Amundi)

## Sector breakdown (Source: Amundi) *	Geographical breakdown (Source: Amundi) *
Financials Materials Industrials
Energy Real estate
Consumer discretionary
Communication Services Consumer staples Information Technology
Health care
Utilities
Saudi Arabia	%
United Arab Emirates
Kuwait
Qatar
Switzerland
Oman
Morocco
Egypt
Other countries
Others Others and cash
0 %	10 %  20 %  30 %  40 %  50 %  60 % 70 %
Portfolio Benchmark
Others and cash
0 %	10 %	20 %	30 %	40 %	50 % 60 %
Portfolio Benchmark
- Excluding derivatives instruments.


## Main overweights (% assets, source: Amundi)
- Excluding derivatives instruments.


## Main underweights (% assets, source: Amundi)
|  | Portfolio | Benchmark | Spread (P - B) |  |  | Portfolio | Benchmark | Spread (P - B) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ALINMA BANK | 5.34% | 2.59% | 2.75% |  | AL RAJHI BANK | 9.48% | 14.01% | -4.53% |
| FERTIGLOBE PLC | 1.90% | 0.20% | 1.70% |  | EMIRATES TELECOM GROUP CO PJSC | 0.15% | 4.01% | -3.86% |
| ALDAR PROPERTIES PJSC | 2.20% | 0.70% | 1.50% |  | BANQUE SAUDI FRANSI | - | 1.39% | -1.39% |
| ABU DHABI ISLAMIC BANK PJSC | 1.83% | 0.58% | 1.25% |  | EMIRATES NBD BANK PJSC | 0.25% | 1.41% | -1.16% |
| AMERICANA RESTAURANTS INT PLC | 1.23% | - | 1.23% |  | BANK ALBILAD | - | 1.05% | -1.05% |
| ABU DHABI PORTS CO PJSC | 1.45% | 0.23% | 1.22% |  | SAUDI TELECOM COMPANY | 1.94% | 2.94% | -1.00% |
| CIE FINANCIERE RICHEMONT SA | 1.10% | - | 1.10% |  | FIRST ABU DHABI BANK | 1.73% | 2.68% | -0.95% |
| QATAR NAVIGATION QSC | 1.09% | - | 1.09% |  | DUBAI ELECTRICITY & WATER AUTH | - | 0.94% | -0.94% |
| ARABIAN DRILLING CO | 1.05% | - | 1.05% |  | ACWA POWER CO | - | 0.88% | -0.88% |
| JAZEERA AIRWAYS | 1.02% | - | 1.02% |  | SAUDI ELECTRICITY CO | - | 0.80% | -0.80% |
| Total | 18.21% | 4.30% | 13.91% |  | Total | 13.55% | 30.10% | -16.56% |

The holdings listed should not be considered recommendations to buy or sell any particular security listed.
The holdings listed should not be considered recommendations to buy or sell any particular security listed.
Amundi Asset Management, SAS (French : Société par Actions Simplifiée) with a capital of 1 143 615 555 €
AMF approved Portfolio Management Company- GP number 04000036 Corporate address: 91-93, Boulevard Pasteur - 75015 Paris- France 437 574 452 RCS Paris
| Top ten issuers (% assets, source: Amundi) |  |  |  | Sub-Fund Statistics (Source: Amundi) |
| --- | --- | --- | --- | --- |
|  | Portfolio | Benchmark |  | Total portfolio holdings75 |
| AL RAJHI BANK | 9.48% | 14.01% |  |  |
| SAUDI NATIONAL BANK/THE | 6.31% | 5.81% |  |  |
| ALINMA BANK | 5.34% | 2.59% |  |  |
| NATIONAL BANK OF KUWAIT | 4.72% | 4.50% |  |  |
| SAUDI BASIC INDUSTRIES CORP | 4.43% | 3.71% |  |  |
| KUWAIT FINANCE HOUSE KSCP | 4.12% | 3.42% |  |  |
| QATAR NATIONAL BANK QPSC | 3.70% | 3.70% |  |  |
| SAUDI ARABIAN MINING CO | 3.49% | 2.63% |  |  |
| SAUDI ARABIAN OIL COMPANY | 2.89% | 3.17% |  |  |
| ALDAR PROPERTIES PJSC | 2.20% | 0.70% |  |  |
| Total | 46.66% | 44.22% |  |  |

The holdings listed should not be considered recommendations to buy or sell any particular security listed.

Translation (ENFR, 2023-01-31):
# Rencontrez l'équipe
| Indicateur(s) glissant(s) (Source : Fund Admin)	Analyse des rendements (Source : Fund Admin) |
| --- |
|  | 1 an | 3 ans | 5 ans | 10 ans |  |  | Depuis le lancement |
| Volatilité du portefeuille | 18,25% | 18,07% | 15,80% | 15,86% |  | Baisse maximale | -67,67% |
| Volatilité de l'indice | 17,32% | 17,32% | 15,27% | 15,58% |  | Délai de recouvrement (jours) | 1 985 |
| Tracking Error ex-post | 3,08% | 3,15% | 2,97% | 3,14% |  | Moins bon mois | 10/2008 |
| Ratio d'information | -0,55 | -0,50 | -0,89 | -0,18 |  | Moins bonne performance | -28,69% |
| Ratio de Sharpe | -0,74 | 0,40 | 0,34 | 0,36 |  | Meilleur mois | 04/2009 |
| Beta | 1,04 | 1,03 | 1,02 | 1,00 |  | Meilleure performance | 20,75% |

Composition du portefeuille (Source : Amundi)

## Répartition sectorielle (Source : Amundi) *	Répartition géographique (Source : Amundi) *
Finance Matériaux Industrie Énergie
Immobilier Conso cyclique
Services de communication Conso non cyclique Technologies de l'info.
Santé Services publics
| 0 %  10 % 20 % 30 % 40 % | 50 % | 60 % 70 % | 0 %	10 %	20 %	30 %	40 % | 50 % | 60 % |
| --- | --- | --- | --- | --- | --- |
| Portefeuille	Indice |  |  | Portefeuille	Indice |  |  |
| * Hors prise en compte des produits dérivés. |  |  | * Hors prise en compte des produits dérivés. |  |  |
| Principales surpondérations (% d'actif, source : Amundi) |  |  | Principales sous-pondérations (% d'actif, source : Amundi) |  |  |
|  | Portefeuille | Indice | Ecart (P - I) |  |  | Portefeuille | Indice | Ecart (P - I) |
| ALINMA BANK | 5,34% | 2,59% | 2,75% |  | AL RAJHI BANK | 9,48% | 14,01% | -4,53% |
| FERTIGLOBE PLC | 1,90% | 0,20% | 1,70% |  | EMIRATES TELECOM GROUP CO PJSC | 0,15% | 4,01% | -3,86% |
| ALDAR PROPERTIES PJSC | 2,20% | 0,70% | 1,50% |  | BANQUE SAUDI FRANSI | - | 1,39% | -1,39% |
| ABU DHABI ISLAMIC BANK PJSC | 1,83% | 0,58% | 1,25% |  | EMIRATES NBD BANK PJSC | 0,25% | 1,41% | -1,16% |
| AMERICANA RESTAURANTS INT PLC | 1,23% | - | 1,23% |  | BANK ALBILAD | - | 1,05% | -1,05% |
| ABU DHABI PORTS CO PJSC | 1,45% | 0,23% | 1,22% |  | SAUDI TELECOM COMPANY | 1,94% | 2,94% | -1,00% |
| CIE FINANCIERE RICHEMONT SA | 1,10% | - | 1,10% |  | FIRST ABU DHABI BANK | 1,73% | 2,68% | -0,95% |
| QATAR NAVIGATION QSC | 1,09% | - | 1,09% |  | DUBAI ELECTRICITY & WATER AUTH | - | 0,94% | -0,94% |
| ARABIAN DRILLING CO | 1,05% | - | 1,05% |  | ACWA POWER CO | - | 0,88% | -0,88% |
| JAZEERA AIRWAYS | 1,02% | - | 1,02% |  | SAUDI ELECTRICITY CO | - | 0,80% | -0,80% |
| Total | 18,21% | 4,30% | 13,91% |  | Total | 13,55% | 30,10% | -16,56% |

Autres Autres et liquidités
13,70 %
7,85 %
5,06 %
4,95 %
4,87 %
4,81 %
4,37 %
1,42 %
0,84 %
0,32 %
2,21 %
49,59 %
Arabie Saoudite	%
Emirats Arabes Unis
Koweit
Qatar
Suisse
Oman
Maroc
Egypte
Autres pays
Autres et liquidités
Les titres mentionnés ne doivent pas être considérés comme des recommandations d'achat ou de vente d'un titre donné.
Les titres mentionnés ne doivent pas être considérés comme des recommandations d'achat ou de vente d'un titre donné.
| Principaux émetteurs en portefeuille (% d'actifs, | source : Amundi) |  |  | Indicateurs (Source : Amundi) |
| --- | --- | --- | --- | --- |
|  | Portefeuille | Indice |  | Nombre de lignes en portefeuille75 |
| AL RAJHI BANK | 9,48% | 14,01% |  |  |
| SAUDI NATIONAL BANK/THE | 6,31% | 5,81% |  |  |
| ALINMA BANK | 5,34% | 2,59% |  |  |
| NATIONAL BANK OF KUWAIT | 4,72% | 4,50% |  |  |
| SAUDI BASIC INDUSTRIES CORP | 4,43% | 3,71% |  |  |
| KUWAIT FINANCE HOUSE KSCP | 4,12% | 3,42% |  |  |
| QATAR NATIONAL BANK QPSC | 3,70% | 3,70% |  |  |
| SAUDI ARABIAN MINING CO | 3,49% | 2,63% |  |  |
| SAUDI ARABIAN OIL COMPANY | 2,89% | 3,17% |  |  |
| ALDAR PROPERTIES PJSC | 2,20% | 0,70% |  |  |
| Total | 46,66% | 44,22% |  |  |

Les titres mentionnés ne doivent pas être considérés comme des recommandations d'achat ou de vente d'un titre donné.