INVESTMENT OBJECTIVE
The Objective of MCB Pakistan Fixed Return Plan 22 (MCB PFRP22) is to provide promised fixed return to the Unit Holders at maturity by investing in Fixed Income Securities
MCB Pakistan Fixed Return Plan 22
INVESTMENT OBJECTIVE
Manager’s Comment
The fund generated an annualized return of 61.00% against benchmark return of 12.39%. WAM of the fund was 164 days from the date of.inception.
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Quick Facts
| Fund Type | An Open End Scheme |
|---|---|
| Maturity Date of the Plan | May 15, 2025 |
| Min. Subscription | PKR 500 |
| Launch Date | 28-Nov-24 |
| Fund Manager | Syed Mohammad Usama Iqbal |
| Risk Profile | Moderate (Principal at medium risk) |
| Currency | PKR |
| Asset Manager Rating | AM1 (AM One) by PACRA (04-Oct-24) |
| Pricing Mechanism | Forward Pricing |
| Scheme Category | Fixed Rate / Return Plan |
| Listing | Pakistan Stock Exchange |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | M/s. M. Yousuf Adil Saleem & Co., Chartered Accountants |
| Benchmark | Up to Eighteenth (18) months average PKRV rates based on the duration of the Portfolio. |
| Zakat & Taxation | Â 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 | 12.25% 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.