Investment Objective
MCB Pakistan Asset Allocation Fund (MCB-PAAF ) is an asset allocation fund and its objective is to aim at providing a high absolute return by investing in equity and debt markets.
MCB Pakistan Asset Allocation Fund
Quick Facts
| Launch Date | 17th March 2008 |
|---|---|
| Fund Type | An Open End Scheme |
| Risk Profile | High (Principal at high risk) |
| Currency | PKR |
| Minimum Investment | 500 /- |
| Asset Manager Rating | AM1 (AM One) by PACRA (04-Oct-24) |
| Fund Manager | Syed Abid Ali |
| Pricing Mechanism | Forward |
| Listing | Pakistan Stock Exchange |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | M/s. A.F Ferguson & Co. Chartered Accountants |
| Benchmark | KSE-100 Index, 75% six (6) months KIBOR + 25% Six (6) month average of the highest rates on savings account three (3) AA rated Scheduled Banks as selected by MUFAP and 90% three (3) months PKRV rates + 10% three (3) months average of the highest rates on savings account of three (3) AA rated Scheduled Banks as selected by MUFAP on the basis of actual proportion held by the CIS |
Latest Expense ratio of the Fund is updated in the FMR (Fund Manager’s Report).
5 years performance
| Year | Fund (%) | Benchmark (%) |
|---|---|---|
| 2024 | 82.79 | 76.74 |
| 2023 | 0.64 | 3.36 |
| 2022 | -11.56 | -8.78 |
| 2021 | 26.16 | 29.36 |
| 2020 | -3.58 | -0.29 |
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.