INVESTMENT OBJECTIVE
The objective of the Fund MCB DCF Fixed Return Fund Plan XI (MCB DCFFRFPXI) which will provide promised fixed return to the Unit Holders by investing in Fixed Income Securities.
MCB DCF Fixed Return Fund Plan XI
INVESTMENT OBJECTIVE
FUND PROFILE
Investors will be intimated at the time of investment a promised rate of return which will be delivered at the time of maturity of the Plan
Quick Facts
| Currency | PKR |
|---|---|
| Asset Manager Rating | AM1 by PACRA |
| Risk Profile | Moderate (Principal at Moderate Risk) |
| Pricing Mechanism | Forward Pricing |
| Scheme Category | An Open-End Fixed Rate/Return Scheme |
| Maturity Date of the Allocation Plan | 29th October 2026 |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | Yousuf Adil & Co., Chartered Accountants |
| Promised Return | Fixed Return 11.40% per annum |
| 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. |
| Trustee | Central Depository Company of Pakistan Limited |
| Benchmark | PKRV/PIB Rates on the last date of IOP of the plan with maturity period corresponding to the maturity of plan. |
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.