Rated AM1 by VIS & PACRA
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Alfalah Financial Sector Income Fund

Strategize. Invest. Prosper
Return Type

0%

NAV

0.0

Offer Price

0

Redemption Price

0

Applicable date

-

Disclaimer
*One Month Annualized Return as of 30 June, 2024 based on NAV to NAV with dividend reinvestment, Benchmark return: 20.35% Fund Stability Rating: “A+(f)” by PACRA 28-Dec-2023. Fund Category: Income Scheme. For Funds’ categories, returns (including any unusual performance), ratings and other information, please read the latest Fund Manager Report. This publication is for informational purposes only and nothing herein should be construed as a solicitation, recommendation, or an offer to buy or sell any fund. All investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Document to understand the investment policies and risks involved. All returns are calculated assuming reinvested dividends. Performance data does not include the cost incurred directly by an investor in the form of sales load etc.
Funds Rating:
A+(f) by PACRA

Characteristics

Cash Management
Cash Management

Ideal for cash management in a Shariah compliant manner

High Quality Govt and Corporate Debt Securities
High Quality Govt and Corporate Debt Securities

Exposure to Government and high quality corporate debt securities

Medium Risk
Medium Risk

The fund is suitable for investors with Medium Risk appetite

Seasoned Fund Managers
Seasoned Fund Managers

Managed by seasoned fund managers

Stable & Comparative Returns
Stable & Comparative Returns

The fund has a potential of securing stable & comparative returns

Investment Objective

The objective of the Alfalah Financial Sector Income Fund is to provide income enhancement and preservation of capital by offering different plans which will invest in prime quality Financial Sector TFCs/Sukuks, Bank deposits, spread transactions and short-term money market instruments.

Fund Details

Category

Income Scheme

Fund Type

Open Ended

Benchmark

6 month KIBOR

Launch Date

August 2, 2023

Pricing

Forward

Sales Load

upto 2.00%

Risk Profile

Medium

Management Fee

upto 2.0% per annum of the average daily net assets

Minimum Initial Investment

PKR 500/-

Minimum Subseq. Investment

PKR 100/-

Trustee

CDC Pakistan Limited

Auditor

A.F Ferguson &Co

Listing

Pakistan Stock Exchange

Dealing Days

Monday to Friday

Cut-off Time

9:00am to 4:00pm

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