# 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 | 18.71% | 18.16% | 15.78% | 15.86% |  | Maximum drawdown | -67.67% |
| Benchmark volatility | 17.77% | 17.46% | 15.25% | 15.59% |  | Recovery period (days) | 1,985 |
| Ex-post Tracking Error | 3.12% | 3.18% | 2.99% | 3.15% |  | Worst month | 10/2008 |
| Information ratio | 0.14 | -0.27 | -0.75 | -0.09 |  | Lowest return | -28.69% |
| Portfolio sharpe ratio | -0.30 | 0.40 | 0.43 | 0.40 |  | Best month | 04/2009 |
| Beta | 1.03 | 1.03 | 1.02 | 1.00 |  | Highest return | 20.75% |

Portfolio Breakdown (Source: Amundi)

## Sector breakdown (Source: Amundi) *	Geographical breakdown (Source: Amundi) *
Financials
Saudi Arabia
51.86 %
Materials Industrials Real estate
Communication Services
Energy Consumer staples Consumer discretionary Information Technology
Health care
Utilities
United Arab Emirates
Kuwait
Qatar
Turkey
Oman
Morocco
Egypt
Other countries
1.37 %
0.96 %
0.45 %
0.10 %
1.19 %
17.72 %
12.84 %
11.44 %
Others Others and cash
0 %	10 %  20 %  30 %  40 %  50 %  60 % 70 %

### Portfolio Benchmark
Others and cash
2.08 %
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 | 5.04% | 2.59% | 2.45% |  | AL RAJHI BANK | 7.60% | 13.05% | -5.45% |
| ALDAR PROPERTIES PJSC | 2.81% | 0.74% | 2.07% |  | EMIRATES TELECOM GROUP CO PJSC | 0.13% | 3.65% | -3.52% |
| FERTIGLOBE PLC | 2.18% | 0.22% | 1.96% |  | BANQUE SAUDI FRANSI | - | 1.41% | -1.41% |
| OOREDOO QPSC | 1.85% | 0.32% | 1.53% |  | EMIRATES NBD BANK PJSC | 0.24% | 1.45% | -1.21% |
| QATAR NAVIGATION QSC | 1.34% | - | 1.34% |  | SAUDI TELECOM COMPANY | 1.82% | 2.92% | -1.10% |
| ABU DHABI ISLAMIC BANK PJSC | 1.70% | 0.61% | 1.09% |  | BANK ALBILAD | - | 1.04% | -1.04% |
| ARABIAN INTERNET AND COMM SRV | 1.31% | 0.27% | 1.04% |  | DUBAI ELECTRICITY & WATER AUTH | - | 0.94% | -0.94% |
| JAZEERA AIRWAYS | 0.98% | - | 0.98% |  | MASRAF AL RAYAN QSC | - | 0.89% | -0.89% |
| CO FOR COOPERATIVE INSURANCE | 0.95% | - | 0.95% |  | ACWA POWER CO | - | 0.89% | -0.89% |
| CIE FINANCIERE RICHEMONT SA | 0.92% | - | 0.92% |  | DR SULAIMA AL HABI MED SRV GRP | - | 0.82% | -0.82% |
| Total | 19.07% | 4.75% | 14.32% |  | Total | 9.79% | 27.05% | -17.26% |


### 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 holdings74 |
| AL RAJHI BANK | 7.60% | 13.05% |  |  |
| SAUDI NATIONAL BANK/THE | 6.87% | 6.31% |  |  |
| ALINMA BANK | 5.04% | 2.59% |  |  |
| NATIONAL BANK OF KUWAIT | 4.53% | 4.42% |  |  |
| KUWAIT FINANCE HOUSE KSCP | 4.32% | 3.45% |  |  |
| FIRST ABU DHABI BANK | 3.83% | 3.50% |  |  |
| SAUDI BASIC INDUSTRIES CORP | 3.81% | 3.56% |  |  |
| QATAR NATIONAL BANK QPSC | 3.80% | 3.65% |  |  |
| SAUDI ARABIAN OIL COMPANY | 3.29% | 3.13% |  |  |
| ALDAR PROPERTIES PJSC | 2.81% | 0.74% |  |  |
| Total | 45.92% | 44.40% |  |  |


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

Translation (ENFR, 2022-12-31):
# 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 | 18,71% | 18,16% | 15,78% | 15,86% |  | Baisse maximale | -67,67% |
| Volatilité de l'indice | 17,77% | 17,46% | 15,25% | 15,59% |  | Délai de recouvrement (jours) | 1 985 |
| Tracking Error ex-post | 3,12% | 3,18% | 2,99% | 3,15% |  | Moins bon mois | 10/2008 |
| Ratio d'information | 0,14 | -0,27 | -0,75 | -0,09 |  | Moins bonne performance | -28,69% |
| Ratio de Sharpe | -0,30 | 0,40 | 0,43 | 0,40 |  | Meilleur mois | 04/2009 |
| Beta | 1,03 | 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 Immobilier
Services de communication
Énergie Conso non cyclique Conso 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 | 5,04% | 2,59% | 2,45% |  | AL RAJHI BANK | 7,60% | 13,05% | -5,45% |
| ALDAR PROPERTIES PJSC | 2,81% | 0,74% | 2,07% |  | EMIRATES TELECOM GROUP CO PJSC | 0,13% | 3,65% | -3,52% |
| FERTIGLOBE PLC | 2,18% | 0,22% | 1,96% |  | BANQUE SAUDI FRANSI | - | 1,41% | -1,41% |
| OOREDOO QPSC | 1,85% | 0,32% | 1,53% |  | EMIRATES NBD BANK PJSC | 0,24% | 1,45% | -1,21% |
| QATAR NAVIGATION QSC | 1,34% | - | 1,34% |  | SAUDI TELECOM COMPANY | 1,82% | 2,92% | -1,10% |
| ABU DHABI ISLAMIC BANK PJSC | 1,70% | 0,61% | 1,09% |  | BANK ALBILAD | - | 1,04% | -1,04% |
| ARABIAN INTERNET AND COMM SRV | 1,31% | 0,27% | 1,04% |  | DUBAI ELECTRICITY & WATER AUTH | - | 0,94% | -0,94% |
| JAZEERA AIRWAYS | 0,98% | - | 0,98% |  | MASRAF AL RAYAN QSC | - | 0,89% | -0,89% |
| CO FOR COOPERATIVE INSURANCE | 0,95% | - | 0,95% |  | ACWA POWER CO | - | 0,89% | -0,89% |
| CIE FINANCIERE RICHEMONT SA | 0,92% | - | 0,92% |  | DR SULAIMA AL HABI MED SRV GRP | - | 0,82% | -0,82% |
| Total | 19,07% | 4,75% | 14,32% |  | Total | 9,79% | 27,05% | -17,26% |

Autres Autres et liquidités
%	Arabie Saoudite
Emirats Arabes Unis
Koweit
Qatar
Turquie
Oman
Maroc
Egypte
Autres pays
Autres et liquidités
1,37 %
0,96 %
0,45 %
0,10 %
1,19 %
2,08 %
17,72 %
12,84 %
11,44 %
51,86 %
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 portefeuille74 |
| AL RAJHI BANK | 7,60% | 13,05% |  |  |
| SAUDI NATIONAL BANK/THE | 6,87% | 6,31% |  |  |
| ALINMA BANK | 5,04% | 2,59% |  |  |
| NATIONAL BANK OF KUWAIT | 4,53% | 4,42% |  |  |
| KUWAIT FINANCE HOUSE KSCP | 4,32% | 3,45% |  |  |
| FIRST ABU DHABI BANK | 3,83% | 3,50% |  |  |
| SAUDI BASIC INDUSTRIES CORP | 3,81% | 3,56% |  |  |
| QATAR NATIONAL BANK QPSC | 3,80% | 3,65% |  |  |
| SAUDI ARABIAN OIL COMPANY | 3,29% | 3,13% |  |  |
| ALDAR PROPERTIES PJSC | 2,81% | 0,74% |  |  |
| Total | 45,92% | 44,40% |  |  |

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