INVESTMENT OBJECTIVE
The Objective of MCB Pakistan Fixed Return Plan 23 (MCBPFRP23) is to provide promised fixed return to the Unit Holders at maturity by investing in Fixed Income Securities.
MCB Pakistan Fixed Return Plan 23
INVESTMENT OBJECTIVE
Quick Facts
| Currency | PKR |
|---|---|
| Maturity Date of the Allocation Plan | 11th Decemeber 2025 |
| Risk Profile | Moderate (Principal at moderate risk) |
| Launch Date | 27-Dec-24 |
| Asset Manager Rating | AM1 by PACRA |
| Pricing Mechanism | Forward Pricing |
| Scheme Category | An Open-End Fixed Rate/ Return Scheme |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | Yousuf Adil & 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. |
| Promised Return | 11.00% |
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.