Rated AM1 by VIS & PACRA

Alfalah Islamic Sovereign Plan III

Anchored in Faith, Built for Steady Returns
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Disclaimer
Fund Stability Rating: “AA+(f)” by PACRA 07-Mar-25 | Fund Category: Shariah Compliant Sovereign Income 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.
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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 Investment Objective of the plan is to generate a competitive return with low risk, by investing primarily in Shariah Compliant government securities, Shariah Compliant short term sukuks/commercial papers and Islamic banks and licensed Islamic banking windows of conventional banks.

Fund Details

Category

Shariah Compliant Sovereign Income Scheme

Fund Type

Open Ended

Benchmark

90% six (6) months PKISRV rates + 10% six (6) months average of the highest rates on savings account of three (3) AA rated scheduled Islamic Banks or Islamic Windows of Conventional Banks as selected by MUFAP.

Launch Date

August 22, 2024

Par Value

PKR 100/-

Pricing

Forward Pricing

Sales Load

Front End Load

Up to 3%

Back End Load

Nill

Risk Profile

Medium

Management Fee

Up to 2% of the average annual net assets within allowed expense ratio limit

Minimum Initial Investment

PKR 500/-

Minimum Subseq. Investment

PKR 100/-

Trustee

CDC Pakistan Limited

Auditor

Yousuf Adil Chartered Accountants

Listing

Pakistan Stock Exchange

Dealing Days

Monday - Friday

Cut-off Time

9:00 am - 4:00 pm

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Rated AM1 by VIS & PACRA

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