Rated AM1 by VIS
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Alfalah GHP Islamic Income Fund

Halal income, sustainable growth
Return Type

0%

NAV

0.0

Offer Price

0

Redemption Price

0

Applicable date

-

Disclaimer
*One Month Annualized Return as of 31-August-2023 based on NAV to NAV with dividend reinvestment, Benchmark return: 7.80%. Fund Stability Rating: “AA-(f)” by PACRA 13-April-23. Fund Category: Islamic 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:
AA-(f) by PACRA

Characteristics

Cash Management
Cash Management

Ideal for cash management in a Shariah compliant manner

Diversified Shariah compliant equity / debt securities
Diversified Shariah compliant equity / debt securities

Diversified portfolio of high quality Shariah compliant equity / debt securities

Long term investment horizon
Long term investment horizon

Suitable for investors looking for more than 3 years Investment Horizon

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

Steady Returns
Steady Returns

The fund has a potential of securing Steady Returns

Investment Objective

AGIIF aims to deliver stable returns to its unitholders by blending current income and long-term capital appreciation, all while maintaining low investment risk in a Shariah-compliant manner. The fund strives to mitigate risk by building a liquid portfolio of Shariah-approved fixed income instruments, ultimately providing competitive yet halal returns to its unitholders.

Fund Details

Category

Islamic Income Scheme

Fund Type

Open Ended

Benchmark

Six (6) months average deposit rates of three (3) A rated scheduled Islamic Banks or Islamic windows of Conventional Banks as selected by MUFAP

Launch Date

December 3, 2009

Pricing

Forward Day

Sales Load

1.00%

Risk Profile

Medium

Management Fee

Up to. 10% of the Gross Earnings subject to a minimum fee of 0.25% of average daily Net Assets and maximum fee of 1.5% of average Annual 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

9:00 am to 4:00 pm

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