How can Alfalah Assist?
How can Alfalah Assist?
A Separately Managed Account (SMA) is a personalized investment portfolio exclusively owned and managed on your behalf, rather than pooled with other clients.
You directly hold the underlying securities, and a dedicated investment team at Alfalah Investments tailors the portfolio to match your unique financial objectives, risk appetite, and investment preferences.
SMAs give you full transparency into every holding and the flexibility to customize asset allocation, sectors, or even exclude specific securities. This makes SMAs especially suited to investors with bespoke needs and significant capital.
Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager for the client’s account.
The investor delegates full control of the portfolio to the investment manager, who devises an appropriate strategy and implements it.
It is the investment manager’s duty to keep the investor up to date regarding their portfolio’s allocation and performance.
In this type of SMA, the investment manager only suggests investment ideas. The portfolio manager does not have discretion.
The choice, as well as the timing of the investment decision, rests solely with the investor.
However, the approved strategy may be implemented by the investment manager.
Alfalah Investments’ SMA solutions are best suited for:
Initial Assessment
We begin with your goals, risk appetite, time horizon, and any specific preferences (e.g., Shariah compliance, sector exclusions).
Drafting Your IPS (Investment Policy Statement)
In collaboration, we develop an IPS that outlines your objectives, constraints, asset class preferences, and risk parameters.
Portfolio Construction & Execution
Using your IPS, our portfolio managers construct a tailored mix—equities, bonds, Sukuks, and Shariah-compliant instruments—and then implement the strategy in your dedicated SMA account.
Ongoing Management & Monitoring
Regular rebalancing aligned with your risk profile.
Continuous adjustment to capture opportunities and reduce risk.
Optional tax-loss harvesting in taxable accounts to enhance after-tax performance.
No pooling with other clients; full transparency into holdings, trades, and valuations.
Transparent Reporting & Reviews
Periodic reports detail asset allocation, performance, transactions, and outlook. Your advisor is available for scheduled reviews and ad-hoc consultations.
Because your goals go beyond numbers, you deserve clarity and a strategy built around you.
Our team combines a deep understanding of Pakistan’s market and regulatory environment with best-in-class investment practices, offered under license by the SECP:
Trust & Transparency: Clear, periodic disclosures and openness to external audits.
Flexibility & Personalization: From Shariah compliance to sector preferences, we tailor your SMA to your ethical, financial, and strategic needs.
Dedicated Service: Direct access to experienced portfolio managers and hands-on advisory support throughout your journey.
