Alfalah GHP Principal Protected Fund-II (AGPPF-II)
Looking for peace of mind, while seeking higher potential returns without risking your capital amount ? Then look no further than Alfalah GHP Principal Protected Fund-II(AGPPF-II)
Investment
Objectives
Alfalah GHP Principal Protected Fund – II aims at protecting investor capital through an investment structure by placing significant percentage of the Initial Funds Size as bank deposit(s) with scheduled commercial bank(s) having minimum long term investment grade rating of AA to ensure the principal protection of the Initial Invested Value till the end of the Minimum Period and uses the remaining funds to gain exposure into equity, money or fixed income securities or any other SECP permissible instrument(s) that the management feels would be appropriate to optimize return.
The capital protection is only valid in terms of the current tax and legal environment of Pakistan and is subject to force majuere factors such as bankruptcy of schedule commercial bank where funds are placed to ensure capital protection.
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Risk Control In The Investment Process
Investment process requires disciplined risk management. AGPPF - II will incorporate adequate safeguards for controlling risks in the portfolio construction process. The risk control process involves reducing risks through optimal portfolio diversification. AGPPF - II believes that this diversification would help achieve the desired level of consistency in returns.
Characteristics Of Units
The Management Company may from time to time amend the minimum amount of initial investment that is required to open an Investment Account (Account) with the Registrar. Presently, the minimum amount of investment to open an Account for purchasing the Units of the Fund is Rs. 5,000/- and the minimum amount for adding to an existing Account is Rs. 5,000/- per transaction. The Management Company reserves the right to alter the minimum amounts stated hereinabove after giving 30 days prior notice to the unit holders.
Distribution Policy
The Management Company shall decide as soon as possible but not later than forty-five days after the Accounting Date whether to distribute among Unit Holders, profits, if any, available for the distribution at the end of the Accounting Period, and shall advise the Trustee of the rate of such distribution per Unit.
The net amount available for distribution at the end of the financial year (or such interim period as may be decided by the Management Company), shall comprise of the revenues earned by the Fund including the net impact of the revenue collected and paid out in the NAV calculation through Purchase (Offer) and Redemption (Repurchase) of Units, less all expenses incurred or accrued attributable to the Fund.
The Fund shall comply with regulatory and taxation requirements and the dividend policy may be amended accordingly.
The Fund for every accounting year shall distribute 90% of the amount available for distribution by way of dividend which would comprise of Bonus Units or Cash Dividends as required under regulation 63 of NBFC Regulations and in compliance with tax laws for the benefit of the Unit Holder(s).
All Units shall have the same right with respect to dividend.
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