ACFAskari Cash Fund
AIIFAskari Islamic Income Fund
ASYEAskari Sovereign Yield Enhancer
AHYSAskari High Yield Scheme
AIAAFAskari Islamic Asset Allocation Fund
AAAFAskari Asset Allocation Fund
AEFAskari Equity Fund
POAAAFPakOman Advantage Asset Allocation Fund
POIAAFPakOman Islamic Asset Allocation Fund
POAIIFPakOman Advantage Islamic Income Fund
POGSFPakOman Government Security Fund
 PakOman Advantage Islamic Income Fund
Fund Overview      |     Portfolio      |     Performance     |     Payout Fund Information Downloads

Investment Objective :
The investment objective is to provide investors with competitive and consistent Halal income by investing primarily in a diversified portfolio of low-risk Shariah-compliant investment instruments.

Strategy :
In line with the investment objective, the POAIIF aims to provide a regular stream of consistent income by investing in low-risk Shariah-compliant instruments having no exposure to equity securities. It is suitable for both Individual and Institutional investors who want to earn attractive Riba-free profit with minimum downside risk.

Why Invest in this Fund :
  • Fund aims to provide better return than that offered by Islamic Banks' savings accounts.
  • The Fund provides daily liquidity without any penalty / exit fee on withdrawal at any time.
  • The Fund's underlying instruments and investment strategy is governed by the Shariah Advisor, who provides guidelines on permissibility of Shariah-compliant instruments.
 

 
 
 

 



 Investment Committee Members:

CEO
Fund Manager
CFO

Minimum Investment   5,000.00
Sales Load   Up to 1.0% Front End
Management Fee   1.5% p.a.
Fund Stability Rating   A(f) by PACRA
Management Co,Rating   AM3 (Positive Outlook) by PACRA
Pricing Mechanism   Forward
Bench Mark   6 Months average deposit rates of 3 'A' rated Scheduled Islamic Banks
Dealing day and cutoff times   Monday-Friday 9:00am to 3:30pm
     

Fund type   Open - End
Category   Shariah-compliant Income Fund
Fund Launch Date   October 30, 2008
Risk   Low
Shariah Advisor   Mufti Najeeb Ahmed Khan (Dar-ul-Uloom, Karachi)
Registrar   JWAFF
Trustee   MCB FInancial Servides Ltd.
Auditors   A. F. Fergusons & Company

 
 
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