Services
RESEARCH
INVESTMENT FUND MANAGMENT
OVERVIEW

EFG Hermes Asset Management has a long track record of superior performance in Saudi Arabia and the region. Our success stems from hiring and retaining highly qualified and experienced professionals. Our investment decisions are driven by a high level of local markets knowledge supported by our on-the-ground presence in the region’s leading markets.

EFG Hermes Asset Management serves a client base that includes government entities, publicly listed companies, endowments, foundations, family offices and high net worth individuals. The Division’s product offering includes conventional and Shariaa compliant mutual funds and discretionary portfolios managed through index aware and absolute return strategies.

Our objective of delivering consistently strong investment returns and a high quality service to our clients distinguishes us as the leading asset manager in Saudi and the region.

INVESTMENT PROCESS
BOTTOM-UP APPROACH

Our investment managers utilize a bottom-up investment approach to screen and identify value-driven opportunities across different sectors in the Saudi market.  We believe that long-term outperformance can be achieved by investing in companies which, among other things:

Have strong management and market position
Have high and/or improving quality of earnings
Demonstrate that their interests are aligned with their shareholders
Trade at attractive valuations

Our bottom-up approach typically includes periodic qualitative and quantitative screening of Saudi equities, meetings with senior management of screened companies, and in-house financial analysis using multiple valuation techniques including absolute and relative valuation.

TOP-DOWN OVERLAY

Our investment managers complement our bottom-up approach with top-down considerations, including country and sector analysis. Our investment managers generally make investments in sectors that show stable or improving fundamentals, accelerated economic growth, and favorable structural changes.

OUR FUNDS
EFG Hermes Saudi Arabia Equity Fund
Fund Name
EFG Hermes Saudi Arabia Equity Fund
The percentage of total fees and charges of the concerned quarter to the average of the net assets value of the fund
0.87%
Percentage of borrowings to the fund’s net assets value at the end of the concerned quarter
None
Dividend Paid Out to Investors
None
EFG Hermes KSA investment amount & percentage to net asset value as it is at the end of the concerned quarter                           
AUM: 16.3% (5,224,141 SAR)
Amount & Percentage of the concerned quarter's Dealing Expenses to the Public Fund’s Average Net Assets Value
SAR 22,084 (0.07%)
Board of Directors
Hatem Adnan, Chairman
Abdul Elah Akbar, Independent
Nadim Dfouni, Independent
Q4 2018 return
since inception: 43.22%
since 3 Years: 12.59%
since 5 Years: 27.48%
since 10 Years: 196.17%
Q4 2018 return for Tadawul All Share Index (TASI)
since inception: 20.26%
since 3 Years: 13.24%
since 5 Years: -8.30%
since 10 Years: 62.96%
Based on daily returns for portfolio Q4 2018
Performance/Risk Analysis
4Q 2018Saudi FundBenchmark
Information Ratio0.01-
Performance-2.12%-2.16%
Jensen’s Alpha0.14%-
Standard Deviation17.5%16.7%
Beta1.02-
Sharpe Ratio-0.28-0.30
Tracking error4.23%-

Standard Deviation
ITD (10.5 yrs)21.5%
YTD12.1%
3 Years16.5%
5 Years20.2%
Sharpe ratio (ITD)0.02
EFG Hermes KSA is announcing the update of the Terms and Conditions for EFG Hermes Saudi Arabia Equity Fund effective on 16/09/2018 – 06/01/1440.
EFG Hermes KSA is announcing the update of the Information Memorandum and Key Fact Sheet for EFG Hermes Saudi Arabia Equity Fund effective on 16/09/2018 – 06/01/1440.
EFG Hermes KSA is announcing significant changes to EFG Hermes Saudi Arabia Equity Fund:
EFG Hermes KSA is announcing significant changes to EFG Hermes Saudi Arabia Equity Fund effective on 16/09/2018 – 06/01/1440 and the details of the changes are the appointment of Moore Stephens – El Sayed EL Ayouty & Co. to act as the IFRS Convergence Advisory to the Fund for SAR 30,000 annually to be paid one time for 2018 only. The unitholders of the Fund have the right to redeem their units before validate any significant change; without imposing any redemption fees if any.
EFG Hermes KSA is announcing the availability of the list of issuers which shares constitute the largest ten investments in the fund portfolio their percentages as it is in the first day of the quarter. Press here to view the list.

EFG Hermes KSA is announcing the availability of the Interim Report for EFG Hermes Saudi Arabia Equity Fund for the financial period ended on 30/06/2018
Please use the following link to view the interim report

EFG Hermes KSA is announcing the availability of the Annual Report and Short-Form Annual Report for EFG Hermes Saudi Arabia Equity Fund for the financial year ended on 31/12/2018. Press here to view the annual report and short-form annual report.

Please find below a Summary of the report:
- The Fund net assets value at the end of the year SAR 32,029,689.04
- The Fund actual fees and expenses for the year SAR 1,465,715.15
- Fund’s Net Profit for the period SAR 2,555,566.82
- Number of units at the end of the year 2,236,402.35
- Net Asset Value per unit at the end of the year SAR 14.3220
- Total return of the period 7.24%
EFG Hermes "Hasaad" Freestyle Saudi Equity Fund
Fund Name
EFG-Hermes "Hasaad" Freestyle Saudi Equity Fund
The percentage of total fees and charges of the concerned quarter to the average of the net assets value of the fund
1.04%
Percentage of borrowings to the fund’s net assets value at the end of the concerned quarter
None
Dividend Paid Out to Investors
None
EFG Hermes KSA investment amount & percentage to net asset value as it is at the end of the concerned quarter
AUM: 42.8% (4,678,594 SAR)
Amount & Percentage of the concerned quarter's Dealing Expenses to the Public Fund’s Average Net Assets Value
SAR 25,236 (0.15%)
Board of Directors
Hatem Adnan, Chairman
Rami Farahat, Independent
Mamraj Chaher, Independent
Q4 2018 return
since inception: -6.43%
since 3 years: 8.36%
Q4 2018 return for S&P Saudi Shariah TR Index
since inception: -1.99%
since 3 years: 27.84%
Based on daily returns for portfolio Q4 2018
Performance/Risk Analysis
4Q 2018HASAAD FundBenchmark
Information Ratio0.09-
Performance-2.16%-2.57%
Jensen’s Alpha-0.24%-
Standard Deviation15.6%17.1%
Beta0.88-
Sharpe Ratio-0.32-0.32
Tracking error4.57%-

Standard Deviation
ITD14.17%
YTD10.94%
5 YearsN.A
3 Years14.32%
Sharpe ratio (ITD)-0.33
EFG Hermes KSA is announcing the update of the Terms and Conditions for EFG-Hermes "Hasaad" Freestyle Saudi Equity Fund effective on 03/10/2018 – 23/01/1440.
EFG Hermes KSA is announcing the update of the Information Memorandum and Key Fact Sheet for EFG-Hermes "Hasaad" Freestyle Saudi Equity Fund effective on 03/10/2018 – 23/01/1440.
EFG Hermes KSA is announcing significant changes to EFG-Hermes "Hasaad" Freestyle Saudi Equity Fund:
EFG Hermes KSA is announcing significant changes to EFG-Hermes "Hasaad" Freestyle Saudi Equity Fund effective on 03/10/2018 – 23/01/1440 and the details of the changes are the appointment of Moore Stephens – El Sayed EL Ayouty & Co. to act as the IFRS Convergence Advisory to the Fund for SAR 30,000 annually to be paid one time for 2018 only. The unitholders of the Fund have the right to redeem their units before validate any significant change; without imposing any redemption fees if any.
EFG Hermes KSA is announcing the availability of the list of issuers which shares constitute the largest ten investments in the fund portfolio their percentages as it is in the first day of the quarter. Press here to view the list.

EFG Hermes KSA is announcing the availability of the Interim Report for EFG Hermes Hasaad Freestyle Saudi Equity Fund for the financial period ended on 30/06/2018:
Please use the following link to view the interim report

EFG Hermes KSA is announcing the availability of the Annual Report and Short-Form Annual Report for EFG Hermes Hasaad Freestyle Saudi Equity Fund for the financial year ended on 31/12/2018. Press here to view the annual report and short-form annual report.

Please find below a Summary of the report:
- The Fund net assets value at the end of the year SAR 10,919,672.67
- The Fund actual fees and expenses for the year SAR 737,650.05
- Fund’s Net Profit for the period SAR 1,485,518.59
- Number of units at the end of the year 1,166,982.25
- Net Asset Value per unit at the end of the year SAR9.3572
- Total return of the period 6.08%
DISCRETIONARY PORTFOLIO MANAGEMENT

Our portfolio management services cater to each investor’s risk profile and investment objectives. Portfolio management offerings include conventional and Shariaa compliant index aware and absolute return strategies.

Our team provides the best client service in the industry, maintaining frequent contact with the client through regular updates on market developments, quarterly client visits, and monthly portfolio performance and risk reports.

Our Index Aware Equity Investment Strategy

is a fundamental analysis based investment strategy that aims to outperform the portfolio’s benchmark over the medium to long term through investing in equities listed on the Saudi Stock Exchange, Tadawul. The Investment Manager follows a dynamic investment strategy to yield the highest outperformance relative to the benchmark on a risk adjusted basis.

Our Absolute Return Equity Investment Strategy

is a fundamental analysis based investment strategy that aims to maximize the portfolio’s absolute returns over the medium to long term through investing in equities listed on the Saudi Stock Exchange, Tadawul. The Investment Manager follows a dynamic investment strategy to yield the highest risk-adjusted returns based on each client’s risk profile.

Awards
2015
2014
2014
CONTACTS
EFG Hermes KSA
Sky Towers, Northern Tower, 3rd floor,
King Fahd Road, Olaya, Riyadh, KSA
P.O. Box 300189, Riyadh 11372
Saudi Arabia
amsales@efg-hermes.com
T: +966 (0)11 2506161