Rated AM1 by VIS & PACRA

Alfalah GHP Islamic KPK Employee Pension Fund

Halal investments for a peaceful future!
Disclaimer
Fund Stability Rating: Not Yet Rated | Fund Category: Shariah Complaint Voluntary Pension Fund Scheme. For fund 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 necessary 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:
Rated AM1 by VIS

Characteristics

‎ Cash‎ Management
‎ Cash‎ Management

Ideal for cash management in a Shariah compliant manner

Investment Plans according to investor risk appetite
Investment Plans according to investor risk appetite

Choice of two plans based on the investors 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

Contribution Mechanism

Participants or their employer on their behalf can deposit the contributions to the Fund in the account of “CDC-Trustee Alfalah KPK Employee Pension Fund” & “CDC-Trustee Alfalah Islamic KPK Employee Pension Fund” in the following manner:

  1. Direct bank transfer.
  2. Standing instructions from the Participants to their bank for regular transfer of contribution.
  3. In the form of “Account Payee Only” cheques, payment orders or demand drafts.
  4. Any other electronic form of transfer.

Structure of Khyber Pakhtunkhwa Employee Pension Fund

The structure and investment parameters of Khyber Pakhtunkhwa Employee Pension Fund is approved by the SECP under the Khyber Pakhtunkhwa Contributory Provident Fund Rules 2022, and Voluntary Pension System Rules 2005.

The Employees of Khyber Pakhtunkhwa Government are to register as participants to open their Individual Pension Account (IPA) with a selected Fund Manager. The Khyber Pakhtunkhwa Government will arrange to transfer contributions to the respective employee’s IPA on behalf of both the Employee participant and Employer on a regular basis.

Investment Objective

The objective of the Fund is to provide Employees with an individualized, funded (based on defined contribution) as well as flexible pension scheme which is managed by professional investment managers to assist them to plan and provide for their retirement. The design of the allocation scheme empowers the Employees to invest their pensions as per their desired asset allocations.

Fund Details

Category

Shariah Complaint Voluntary Pension Fund Scheme

Fund Type

Open Ended

Benchmark

90% three (3) months PKRV rates + 10% three (3) months average of the highest rates on savings account of three (3) AA rated scheduled Banks as selected by MUFAP

Launch Date

December 14, 2023

Par Value

PKR 100/-

Pricing

Forward Day

Sales Load

Up to 2%

Front End Load

Nil

Back End Load

Nil

Risk Profile

Medium

Management Fee

Up to 1%

Minimum Initial Investment

Initial Investment: Rs. 1000

Minimum Subseq. Investment

Subseq. Investment: Rs. 1000

Trustee

CDC Pakistan Limited

Auditor

Grant Thornton Pakistan

Listing

Pakistan Stock Exchange

Dealing Days

Monday to Friday

Cut-off Time

9:00 am to 4:00 pm

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