The objective of the Fund MCB DCF Fixed Return Fund IIIP3 (MCB DCFFR IIIP3) which will provide promised fixed return to the Unit Holders by investing in Fixed Income Securities.
The fund generated an annualized return of 16.21% against benchmark return of 12.80%. WAM of the fund was 152 days at month end.
| Maturity Date of the Allocation Plan | 2nd May 2025 |
|---|---|
| Risk Profile | Medium (Principal at Medium risk) |
| Launch Date | 05-Sep-24 |
| Currency | PKR |
| Asset Manager Rating | AM1 (AM One) by PACRA (04-Oct-24) |
| Pricing Mechanism | Forward Pricing |
| Fund manager | Syed Mohammad Usama Iqbal |
| Scheme Category | Fixed Rate / Return Plan |
| Min. Subscription | PKR 500 |
| Listing | In process |
| Listing | Maturity Date of the Plan May 02, 2025 |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | M/s. M. Yousuf Adil Saleem & Co., Chartered Accountants |
| Benchmark | PKRV/PIB Rates on the last date of IOP of the CIS with maturity period corresponding to the maturity of CIS. |
| 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. |
| Expected Fixed Return | 16.90% per annum |
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.