Brief of the Fund
The purpose of this fund is to invest in a balanced portfolio of high-quality equity and income instruments so as to generate long term capital appreciation as well as current income for our prestigious customers. It also tends to balance the risk by having exposure to both equity and debt markets. It helps deliver steady returns across various market cycles by being less risky and less volatile than pure equity funds.
Key Objective
To preserve the investor’s capital while providing a return greater than that offered by other investments of similar risk profile through investments in a mixed portfolio of money market, fixed income and stocks.
Key features of the Fund
| Structure | Open End |
| Industry Category | Balanced Scheme |
| Listing | KSE |
| Pricing Mechanism | Forward |
| Benchmark | 29% KSE-100 + 71% Avg. 6 M KIBOR Ask |
| AMC Rating | Non-rated |
| Management Fee | 2.00% Per Annum |
| Fund Manager | Miss Tara Uzra Dawood (Acting Fund Manager) Mr. Muhammad Abbas (Debt Fund Manager) Mr. Muhammad Aslam (Asst. Equity Fund Manager) |
Fund Performance
| Fund Performance Highlights | FY16 | FY15 | FY14 | FY13 | FY14 |
| FDMF Returns | -15.34% | 24.49% | 26.72% | 43.45% | -6.33% |
| Dividends (per unit) | 0.0101 | 0.1218 | 0.2320 | 0.0101 | 0.33 |