The fund is professionally and actively managed by Alfalah Investments so as provide the benefit of stronger returns from the stock market but to limit the risk by capping stock market exposure at a maximum of 40%. Stable returns should be achieved via high exposure in fixed income avenues and limited exposure to the stock market.
This Allocation Plan is suitable for investors with a mid-long term investment horizon with a view for potentially stronger returns than pure fixed income with limited investment in the equities.
|Category||Fund of Funds|
|Fund Type||Open Ended|
|Launch Date||11th September 2015|
|Initial Investment||PKR 10,000|
|Auditor||EY Ford Rhodes, Chartered Accountants|
|Listing||Pakistan Stock Exchange|
|Dealing Days||Monday – Friday|
|Cut-off Time||9:00 a.m. – 4:00 p.m.|
|Benchmark||Weighted average of daily return of KSE 100 and 6 months KIBOR on the basis of actual investments in underlying schemes.|
|Authorized Investments||Allocation Range (%)|
||20% – 40%|
||50% – 75%|
|Money Market Segment:
||0% – 20%|