mashreq’s tracker note performances€¦ · fawaz abdulaziz alhokair & co clothing...

Mashreq’s Tracker Note Performances As of 2nd of March 2015

Table of Contents

Page

M.E.E.T Tracker 3

KSA Tracker 4

Egypt Tracker 5

India Tracker 6

GCC High Dividend Yield Tracker 7

GCC Financial Tracker 8

GCC Real Estate Tracker 9

GCC Large Cap Tracker 10

UAE Tracker 11

Global Dividend Yield Blue Chip Tracker 12

US Buy Back Thematic Portfolio 13

2

1-Equity Tracker: M.E.E.T Tracker

MEET Tracker*

The Middle East Equity Tracker note is a 1 Year, AED denominated, linked to stocks listed in the UAE, Qatar and KSA. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank

Minimum Notional AED 500,000

Tenor 1 Year

Initial Level Execution price of the underlying on the trade date

Final Level Execution price of the underlying at Maturity

Load Fee 2.00% of the Notional on entry and redemption

Leverage details

Maximum Leverage 1:1

Leverage Cost 3.50% p.a.

Margin Call 65% LTV

Liquidation 80% LTV

Redemption details

Redemption at Maturity Notional x[(final level + Dividends received)/ Notional] - Net Leverage(If any)

SECURITIES WEIGHTS SECTOR COUNTRY

FIRST GULF BANK 15% FINANCIALS UAE

EMAAR PROPERTIES 15% REAL ESTATE UAE

AIR ARABIA 15% TRANSPORTATION UAE

EMIRATES TELECOM (DU) 10% TELECOM UAE

SAUDI CEMENT 10% INDUSTRIAL SAUDI ARABIA

SAVOLA 10% FOOD PROCESSING SAUDI ARABIA

SAUDI TELECOM 10% TELECOM SAUDI ARABIA

IQCD 10 INDUSTRIAL QATAR

QEWS 5% INDUSTRIALS QATAR

Indicative Basket

3

Back-Testing Results

PERFORMANCE TABLE

1 WEEK 1 MONTH 3 MONTHS 6 MONTHS YTD

TRACKER -0.13% -0.97% -3.58% -9.80% 1.55%

BENCHMARK 0.32% 0.95% 1.14% -15.15% 5.96%

50 70 90

110 130 150 170 190 210 230 250 270 290

*Risk Rating – Based on Internal Risk Rating & Subject to Revision : Conservative (R1), Conservative to Balanced (R2), Balanced (R3), Balanced to Aggressive (R4) , Aggressive R(5).

M.E.E.T TRACKER S&P PAN ARAB COMPOSITE LARGEMID CAP INDEX (NORMALISED)

2-Equity Tracker: KSA Tracker

KSA Tracker*

The KSA Equity Tracker is a 1 Year, SAR denominated, linked to stocks listed in the KSA. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank

Minimum Notional SAR 500,000

Tenor 1 Year





SAUDI TELECOM 12.50% TELECOM SAUDI ARABIA

HERFY FOOD SERVICES 12.50% FOOD SERVICES SAUDI ARABIA

AL TAYYAR TRAVEL GROUP 12.50% TRAVEL SERVICES SAUDI ARABIA

SAVOLA GROUP 12.50% FOOD SERVICEES SAUDI ARABIA

SAMBA BANK 12.50% FINANCIALS SAUDI ARABIA

SAUDI CEMENT 12.50% INDUSTRIAL SAUDI ARABIA

FAWAZ ABDULAZIZ ALHOKAIR & CO 12.50% CLOTHING RETAILER SAUDI ARABIA

JARIR MARKETING 12.50% RETAIL SAUDI ARABIA

Indicative Basket

4


Leverage details

Maximum Leverage 1: 0.6


Margin Call 65% LTV

Liquidation 80% LTV

Redemption details


PERFORMANCE TABLE


TRACKER 1.27% -1.87% 10.32% -2.96% 9.95%

BENCHMARK 1.36% 1.59% 7.06% -15.77% 12.32%

50

70

90

110

130

150

170

190

210

230

250


KSA TRACKER TADAWUL ALL SHARE INDEX (NORMALISED)

3-Equity Tracker: Egypt Tracker

Egypt Tracker*

The Egypt Tracker note is a 1 Year, USD denominated, linked to stocks listed in the Egypt. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank

Minimum Notional USD 150,000

Tenor 1 Year




Leverage details

Maximum Leverage 1:1 Leverage Cost 3.50% p.a. Margin Call 65% LTV Liquidation 80% LTV

Redemption details



EFG-HERMES HOLDING 14.3% FINANCIALS EGYPT

TMG HOLDING 14.3% REAL ESTATE EGYPT

TELECOM EGYPT 14.3% TELECOM EGYPT

JUHAYNA FOOD INDUSTRIES 14.3% CONSUMER EGYPT

PALM HILLS DEVELOPMENTS 14.3% REAL ESTATE EGYPT

MEDINET NASR HOUSING 14.3% ENGINEERING EGYPT

ORIENTAL WEAVERS 14.3% CONSUMER EGYPT

Indicative Basket Back-Testing Results

PERFORMANCE TABLE


TRACKER -2.63% -6.43% 0.35% -0.56% -7.83%

BENCHMARK -2.83% -5.10% 1.55% -1.24% 4.51%

50 70 90

110 130 150 170 190 210 230 250 270 290


EGYPT TRACKER CASE INDEX (NORMALISED)

4-Equity Tracker: India Tracker

India Tracker*

The India Tracker note is a 1 Year, USD denominated, linked to listed ADRs of Indian companies. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank


Tenor 1 Year




Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details



WISDOM TREE INDIA EARNINGS 30% INDEX FUND INDIA

INFOSYS ADR 10% IT INDIA

COGNIZANT TECHNOLOGY SOLUTIONS 10% IT INDIA

TATA MOTORS ADR 10% AUTOMOTIVE INDIA

HDFC BANK ADR 10% FINANCIALS INDIA

ISHARES MSCI INDIA ETF 30% INDEX FUND INDIA


PERFORMANCE TABLE


TRACKER 2.22% 3.53% 7.76% 12.99% 13.96%

BENCHMARK 1.62% 1.79% 3.95% 7.31% 9.88%

50

70

90

110

130

150

170

190


INDIA TRACKER MSCI USD INDEX (NORMALISED)

5-Equity Tracker: GCC High Dividend Yield Tracker

High Dividend Yield Tracker*

The High Dividend Yield Tracker note is a 1 Year, AED denominated, linked to stocks listed in the UAE, Qatar and KSA. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank


Tenor 1 Year




Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details


SECURITIES WEIGHTS DIVIDEND

YIELD SECTOR COUNTRY

DUBAI ISLAMIC BANK 12.50% 3.77% FINANCIALS UAE

FIRST GULF BANK 12.50% 4.35% FINANCIALS UAE

ABU DHABI COMMERCIAL BANK

12.50% 3.92% FINANCIALS UAE

AIR ARABIA 12.50% 4.48% TRANSPORTATION UAE

EMIRATES TELECOM (DU) 12.50% 6.07% TELECOM UAE

SAUDI TELECOM 12.50% 5.00% TELECOM SAUDI ARABIA

SAUDI ARABIAN FERTILIZER 12.50% 6.62% INDUSTRIAL SAUDI ARABIA

DOHA BANK 12.50% 7.69% FINANCIALS QATAR

Indicative Basket


PERFORMANCE TABLE


TRACKER 0.25% 0.21% 3.82% -4.93% 3.79%

BENCHMARK 0.33% 2.10% 2.30% -13.12% 6.04%

70

90

110

130

150

170

190

210

230

250

270


GCC HIGH DIVIDEND YIELD TRACKER BLOOMBERG GCC INDEX (NORMALISED)

6-Equity Tracker: GCC Financial Tracker

GCC Financial Tracker*

The GCC Financial Tracker note is a 1 Year, AED denominated, linked to stocks listed in the UAE, Qatar and KSA. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank Minimum Notional AED 500,000 Tenor 1 Year Initial Level Execution price of the underlying on the trade date Final Level Execution price of the underlying at Maturity Load Fee 2.00% of the Notional on entry and redemption

Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details



QATAR NATIONAL BANK 8.33% FINANCIALS QATAR

COMMERCIAL BANK OF QATAR 8.33% FINANCIALS QATAR

MASRAF AL RAYAN 8.33% FINANCIALS QATAR

DOHA BANK 8.33% FINANCIALS QATAR

DUBAI ISLAMIC BANK 8.33% FINANCIALS UAE

FIRST GULF BANK 8.33% FINANCIALS UAE

NATIONAL BANK OF ABU DHABI 8.33% FINANCIALS UAE

EMIRATES NBD 8.33% FINANCIALS UAE

AL RAJHI BANK 8.33% FINANCIALS SAUDI ARABIA

SAMBA 8.33% FINANCIALS SAUDI ARABIA

RIYAD BANK 8.33% FINANCIALS SAUDI ARABIA

SAUDI BRITISH BANK 8.33% FINANCIALS SAUDI ARABIA


PERFORMANCE TABLE


TRACKER 0.24% 1.97% 3.79% -7.01% 4.97%

BENCHMARK 0.47% 1.82% 0.84% -9.69% 4.97%

50

70

90

110

130

150

170

190

210

230

250


GCC FINANCIAL TRACKER HERMES MENA FINANCIAL INDEX(NORMALISED)

7-Equity Tracker: GCC Real Estate Tracker

GCC Real Estate Tracker*

The GCC Real Estate Tracker note is a 1 Year, AED denominated, linked to stocks listed in the UAE, Qatar and KSA. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank


Tenor 1 Year




Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details



EMAAR PROPERTIES 12.50% REAL ESTATE UAE

ALDAR PROPERTIES 12.50% REAL ESTATE UAE

DEYAAR DEVELOPMENT 12.50% REAL ESTATE UAE

UNION PROPERTIES 12.50% REAL ESTATE UAE

BARWA REAL ESTATE CO 12.50% REAL ESTATE QATAR

UNITED DEVELOPMENT CO 12.50% REAL ESTATE QATAR

DAR AL ARKAN REAL ESTATE 12.50% REAL ESTATE SAUDI ARABIA

SAUDI REAL ESTATE CO 12.50% REAL ESTATE SAUDI ARABIA


PERFORMANCE TABLE


TRACKER -0.37% 0.41% -7.83% -27.40% 4.76%

BENCHMARK 1.12% 8.33% -0.16% -14.32% 12.39%

50 70 90

110 130 150 170 190 210 230 250 270 290 310 330 350


GCC REAL ESTATE TRACKER HERMES MENA REAL ESTATE & HOSPITALITY INDEX (NORMALISED)

8-Equity Tracker: GCC Large Cap Tracker

GCC Large Cap Tracker*

The GCC Large Cap Tracker note is a 1 Year, AED denominated, linked to stocks listed in the UAE, Qatar and KSA. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank


Tenor 1 Year




Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details



EMAAR PROPERTIES 12.50% REAL ESTATE UAE

DEYAAR DEVELOPMENT 12.50% REAL ESTATE UAE

UNION PROPERTIES 12.50% REAL ESTATE UAE

DUBAI ISLAMIC BANK 12.50% FINANCIALS UAE

QATAR NATIONAL BANK 12.50% FINANCIALS QATAR

INDUSTRIES QATAR 12.50% INDUSTRIAL QATAR

SAUDI BASIC INDUSTRIES 12.50% PETRO CHEMICALS SAUDI ARABIA

SAUDI ARABIAN FERTILIZER CO 12.50% PETRO CHEMICALS SAUDI ARABIA


PERFORMANCE TABLE


TRACKER -1.04% -1.41% -9.60% -25.53% -2.93% BENCHMARK 0.31% 2.08% 2.29% -13.13% 6.03%

70

90

110

130

150

170

190

210

230

250

270

290

310

330

350

S&P PAN ARAB COMPOSITE LARGEMIDCAP GCC LARGE CAP TRACKER


9- Equity Tracker: UAE Tracker

UAE Tracker*

The UAE Tracker note is a 1 Year, AED denominated, linked to stocks listed in the UAE. The Investment is designed to enable the Client to invest in a note that tracks the performance of Underlying which may not be easily accessible, including any dividends paid during the Tenor of the Investment. The redemption value of the underlying will be paid on Redemption Date.

Product details

Issuer Mashreq Bank


Tenor 1 Year




Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details



EMAAR PROPERTIES 10% REAL ESTATE UAE

DUBAI ISLAMIC BANK 10% FINANCIALS UAE

FIRST GULF BANK 10% FINANCIALS UAE

DEYAAR DEVELOPMENT 10% REAL ESTATE UAE

UNION PROPERTIES 10% REAL ESTATE UAE

ARABTEC HOLDING 10% REAL ESTATE UAE

DUBAI INVESTMENTS 10% REAL ESTATE UAE

DRAKE & SKULL 10% REAL ESTATE UAE

NATIONAL BANK OF ABU DHABI 10% FINANCIALS UAE

ESHRAQ PROPERTIES 10% REAL ESTATE UAE


PERFORMANCE TABLE


TRACKER -1.59% -0.99% -12.85% -31.38% -3.67%

BENCHMARK -1.60% -0.75% -9.92% -25.52% -0.08%

70 90

110 130 150 170 190 210 230 250 270 290 310 330 350 370 390 410 430 450


UAE TRACKER S&P PAN ARAB COMPOSITE LARGEMID CAP INDEX (NORMALISED)

10- Equity Tracker: Global Dividend Yield Blue Chip Tracker

Global Dividend Yield Blue Chip Tracker*

The Global Dividend Yield Blue-chip Equity Tracker is a 1 Year, USD denominated, linked to dividend yielding stocks listed worldwide. The Investment is designed to enable the Client to invest in a note that tracks the performance of blue chips stocks which reward their share holders with consistent dividend payments, including any dividends paid during the Tenor of the Investment. The redemption value of the Underlying will be paid on Redemption Date

Product details

Issuer Mashreq Bank


Tenor 1 Year




Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details

Redemption at Maturity Notional x[(final level + Dividends received)/ Notional] - Net Leverage(If any) Indicative Basket

Back-Testing Results SECURITIES WEIGHTS SECTOR COUNTRY

AT&T INC 5.3% TELECOM UNITED STATES

VERIZON COMMUNICATIONS INC 5.3% TELECOM UNITED STATES

UNILEVER PLC-SPONSORED ADR 5.3% CONSUMER, NON-CYCLICAL BRITAIN

COCA-COLA CO/THE 5.3% CONSUMER, NON-CYCLICAL UNITED STATES

MICROSOFT CORP 5.3% TECHNOLOGY UNITED STATES

JOHNSON & JOHNSON 5.3% HEALTHCARE UNITED STATES

MCDONALD'S CORP 5.3% CONSUMER, CYCLICAL UNITED STATES

UNITED PARCEL SERVICE-CL B 5.3% TRANSPORTATION UNITED STATES

ROCHE HOLDINGS LTD-SPONS ADR 5.3% HEALTHCARE SWITZERLAND

INTEL CORP 5.3% TECHNOLOGY UNITED STATES

NESTLE SA-SPONS ADR 5.3% CONSUMER, NON-CYCLICAL SWITZERLAND

MERCK & CO. INC. 5.3% HEALTHCARE UNITED STATES

SIEMENS AG-SPONS ADR 5.3% ENGINEERING GERMANY

FIRST GULF BANK 5.3% FINANCIAL UAE

SAUDI BASIC INDUSTRIES CORP 5.3% ENERGY SAUDI ARABIA

SAUDI TELECOM CO 5.3% TELECOM SAUDI ARABIA

NATIONAL GRID PLC-SP ADR 5.3% UTILITIES BRITAIN

GENERAL ELECTRIC CO 5.3% INDUSTRIAL UNITED STATES

ELI LILLY & CO 5.3% HEALTHCARE UNITED STATES

PERFORMANCE TABLE


TRACKER 0.98% 1.66% -1.95% -2.88% 1.57%

BENCHMARK 0.20% 2.85% -0.19% -3.06% 2.49%

70

90

110

130

150

170

190


GLOBAL DIVIDNED YIELD BLUE CHIP TRACKER MSCI WORLD HIGH DIVIDEND YIELD INDEX (NORMALISED)

11- Equity Tracker: US BUYBACK THEMATIC PORTFOLIO

US Buyback Thematic Portfolio*

The Buyback Thematic Portfolio - Equity Tracker is a 1 Year, USD denominated, linked to listed US Stocks . The Investment is designed to enable the Client to invest in a note that tracks the performance of US stocks which reward their share holders with consistent buybacks of their shares. The redemption value of the Underlying will be paid on the Redemption Date.

Product details

Issuer Mashreq Bank


Tenor 1 Year




Leverage details



Margin Call 65% LTV

Liquidation 80% LTV

Redemption details



SECURITIES WEIGHTS SECTOR TTM BUYBACKS (USD BILLIONS)

APPLE INC 10 % TECHNOLOGY 33

PFIZER INC 10% HEALTHCARE 11

ORACLE CORPORATION 10 % TECHNOLOGY 9.8

HOME DEPOT 10% CONSUMER 7.5

WELLS FARGO 10 % FINANCIALS 6.9

MICROSOFT CORP 10% TECHNOLOGY 6.4

AT&T INC 10 % TELECOM 5.0

TIME WARNER 10% MEDIA 6.5

MERCK & CO. INC 10 % HEALTHCARE 6.0

GENERAL MOTORS 10% AUTOMOTIVE 5.0

PERFORMANCE TABLE


TRACKER -0.30% 6.17% 2.50% 8.60% 5.32%

BENCHMARK -0.71% 6.55% 4.16% 8.52% 6.06%

70

90

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150

170

190

210

230

250


US BUYBACK THEMATIC PORTFOLIO S&P 500 BUYBACK INDEX (NORMALISED)

IMPORTANT NOTICE

This report was prepared by the Private Banking Unit of Mashreqbank psc (“Mashreq”) in the United Arab Emirates (“U.A.E.”). Mashreq is regulated by the Central Bank of the U.A.E. This report is provided for informational purposes and private circulation only and should not be construed as an offer to sell or a solicitation to buy any security or any other financial instrument or adopt any hedging, trading or investment strategy. Prior to investing in any product, we recommend that you consult with a professional financial advisor, taking into consideration investment objectives, financial circumstances and tax implication. While based on information believed to be reliable, we do not guarantee and make no express or implied representation as to the accuracy of this report or complete description of the securities markets or developments referred to in this report. The information, opinions, forecasts (if any), assumptions or estimates contained in this report are as of the date indicated and are subject to change at any time without prior notice. The stated price of any securities mentioned in this report is as of the date indicated and is not a representation that any transaction can be effected at this price. The risks related to investment products described in this report are not all encompassing and investors should refer to the relevant investment offer document for detailed information and applicable terms and conditions. Investment products, including treasury products, are not guaranteed by Mashreq or any of its affiliates or subsidiaries unless stated otherwise and are subject to investment risk, including loss of principal. Investment products are not government insured. Past performance is not an indicator of future performance. US persons (US Citizens; US Green Card Holders; Resident Aliens subject to US income taxes for IRS purposes) are not eligible for any of the investment products introduced by Mashreq unless stated otherwise. This report is for distribution only under such circumstances as may be permitted by applicable law. Neither Mashreq nor its officers, directors or shareholders or other persons shall be liable for any direct, indirect, incidental or other damages including loss of profits arising in any way from the information contained in this report. This report is intended solely for the use by the intended recipients and the contents shall not be reproduced, redistributed or copied in whole or in part for any purpose without Mashreq’s prior express consent.

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mashreq’s tracker note performances€¦ · fawaz abdulaziz alhokair & co clothing...

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