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*One Month Absolute Return as of 30-Sep-2020 based on NAV to NAV with dividend reinvestment, Benchmark return: 0.35%. Fund Category: Shariah Fund of Funds Scheme. Avail tax credit on investment up to Rs. 2,000,000/- or 20% of individual’s taxable income (whichever is lower) on an investment made in Mutual Funds as per section 62 of Income Tax Ordinance. For Funds’ 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 necessarily 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.

Characteristics

Equity Exposure as per Shariah guidelines

The fund practices Shariah complaint equity exposure

Investment Plans according to investor risk appetite

Choice of three plans to suit every investors risk appetite

Seasoned Fund Managers

Managed by seasoned fund managers

Tax Benefits

Avail Tax Benefit up to 20% as per Income Tax Ordinance 2001

Investment Objective

Alfalah GHP Islamic Prosperity Planning Fund (AGIPPF) is an Open-ended Fund of Funds Scheme that aims to generate Shariah compliant returns on investment as per the respective Allocation Plan by investing in Shariah Compliant Collective Investment Schemes in line with the risk tolerance of the investor.

The fund comprises of two plans Islamic Balanced Allocation plan and active allocation plan providing investors with the freedom to ‘dial-up’/’dial down’ their investments – that is switch between plans with changing risk/reward requirements.

Fund Details

  • Category
  • Shariah Compliant Fund of Funds Scheme
  • Fund Type
  • Open Ended
  • Benchmark
  • -
  • Launch Date
  • June 9, 2016
  • Pricing
  • -
  • Sales Load
  • -
  • Risk Profile
  • -
  • Management Fee
  • No Management Fee will be charged if the Fund invests in CIS managed by the Management Company*
  • Minimum Initial Investment
  • PKR 10,000
  • Minimum Subseq. Investment
  • -
  • Trustee
  • Central Depository Company Pak Limited
  • Auditor
  • A. F. Ferguson & Co.
  • Listing
  • Pakistan Stock Exchange
  • Dealing Days
  • Monday to Friday
  • Cut-off Time
  • 9:00 am to 4:00 pm

FMR Snapshot

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