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ALHAMRA OPPORTUNITY FUND

Alhamra Opportunity Fund – Dividend Strategy Plan (ALHOP DSP)

INVESTMENT OBJECTIVE

Alhamra Opportunity Fund – Dividend Strategy Plan will provide actively managed exposure to dividend paying Shariah Compliant listed equities and aims to generate dividend income over the medium to long term.

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Quick Facts

IPO Date February 28, 2024
Scheme Category An Open-End Shariah Compliant Equity Scheme
Currency PKR
Asset Manager Rating AM1 (AM 1) by PACRA 6-Oct-2023
Minimum Investment 500 /-
Fund Manager Syed Abid Ali
Pricing Mechanism Forward Pricing
Trustee Central Depository Company of Pakistan Limited
Zakat and 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.
Risk Profile High (Principal at High Risk)
Auditor A.F. Ferguson & Co. Chartered Accountants
Benchmark Alhamra Opportunity Fund – Dividend Strategy Plan (ALHOP DSP)

KMI 30 Index (Total Return)

Authorized investment avenues of ALHOP DSP include the following:

Authorized Investments Minimum Asset Allocation 

(%age of total Net Assets)

Maximum Asset Allocation

(%age of total Net Assets) 

Dividend paying listed Shariah Compliant equity securities of Pakistan Stock Exchange. *70% *100%
Cash & near cash instruments which include cash in Shariah Compliant and/ or Islamic window of conventional bank accounts with Commercial and Microfinance Banks, with A- (A minus) rating, (excluding TDR) GOP Ijara Sukuk & Shariah Compliant Treasury Bills not exceeding 90 days maturity. 0% 30%
Investment outside Pakistan 30% of Funds size or USD 15 Million whichever is less (with SBP’s and  SECP approval)

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.