INVESTMENT OBJECTIVE
The objective of MCB Money Market Fund is to provide Unit Holders competitive returns from a low risk portfolio of short duration assets while maintaining
high liquidity.
Mcb Money Market Fund
INVESTMENT OBJECTIVE
Quick Facts
| Fund Manager | Usama Iqbal |
|---|---|
| Currency | PKR |
| Asset Manager Rating | AM1 by PACRA |
| Risk Profile | Low (Low at Medium Risk) |
| Pricing Mechanism | Backward Pricing |
| Scheme Category | Money Market Scheme |
| Launch Date | 7/10/2026 |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | Yousuf Adil & Co., Chartered Accountants |
| Min. Subscription | 500/- |
| Zakat & Taxation | Zakat Deduction as per Zakat & Ushr Ordinance, 1980. Capital Gain Tax and withholding tax on cash dividends as per prevailing Income Tax Ordinance, 2001. |
| Benchmark | 90% three (3) months PKRV rates + 10% three (3) months average of the highest rates on savings account of three (3) AA rated scheduled bank as selected by MUFAP |
Disclaimer: All investments in mutual fund are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies and the risks involved. Performance data does not include the cost incurred directly by an investor in the form of sales loads etc. The information in this literature is issued for indicative and informational purposes only and investors are advised to make their own appraisal of the investment opportunity, tax implications and consult their own financial, legal, taxation and/or other professional advisors prior to making any investment in mutual fund. The mutual fund may hold certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and the Financial Statements of the mutual fund particularly the details of non-compliant investments, provision against SWWF liability and Risk Factors.