MCB Pakistan Dividend Yield Plan
INVESTMENT OBJECTIVE
MCB Pakistan Dividend Yield Plan will provide actively managed exposure to dividend paying listed equities and aims to generate higher dividend income over the medium to long term.
FUND PROFILE
Investors will be benefitted from the dividend paying stocks.
Capital growth from medium to long term goal.
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Quick Facts
| Launch Date | 29th June, 2022 |
|---|---|
| Scheme Category | An Open-End Asset Allocation Scheme |
| Currency | PKR |
| Asset Manager Rating | AM1 (AM One) By Pacra (6-Oct-23) |
| Minimum Investment | 500 /- |
| Duration of the Plan | Perpetual |
| Pricing Mechanism | Forward Pricing |
| Trustee | Central Depository Company of Pakistan Limited |
| Asset Class Universe  | Dividend paying listed equity securities of Pakistan Stock Exchange, Term Deposit Receipt’s with Commercial and Microfinance Banks having at least investment grade credit rating, Cash & near cash instruments which include cash in bank accounts with Commercial and Microfinance Banks, with at least investment grade rating, (excluding TDR) & Treasury Bills not exceeding 90 days maturity |
| Fund Manager | Syed Abid Ali |
| Auditor | M/s. BDO Ebrahim & Co. Chartered Accountants |
| Benchmark | 90% KSE 30 Index (Total Return) plus 10% of Three (3) months average deposit rates of three (3) AA rated scheduled banks as selected by MUFAP. |
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.