Investment Objective
The objective of MCB-PSF is to deliver income primarily from investment in government securities
MCB Pakistan Sovereign Fund
Manager’s Comment
During the month, the fund generated an annualized return of 0.00% as against its benchmark of 11.50%. WAM of the fund was 578 Days.
Contrary to the increasing tendency in the industry to add corporate debt instruments, MCBPSF is among the few Bond Funds in the industry which continues to remain restricted to pure government securities and bank deposits inline with the name of fund.
Quick Facts
| Launch Date | 01-Mar-03 |
|---|---|
| Risk Profile | Medium (Principal at medium risk) |
| Fund Type | An Open End Scheme |
| Currency | PKR |
| Minimum Investment | PKR 500 |
| Fund Manager | Saad Ahmed |
| Asset Manager Rating | AM1 (AM One) by PACRA (01-Oct-26) |
| Pricing Mechanism | Forward |
| Listing | Pakistan Stock Exchange |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | M/s. A.F Ferguson & Co. Chartered Accountants |
| Benchmark | 90% six (6) months PKRV rates + 10% six (6) months average of the highest rates on savings account of three (3) AA rated scheduled banks as selected by MUFAP |
Latest Expense ratio of the Fund is updated in the FMR (Fund Manager’s Report).
5 years performance
| Year | Fund (%) | Benchmark (%) |
|---|---|---|
| 2026 | 8.21 | 10.82 |
| 2025 | 18.72 | 13.59 |
| 2024 | 20.98 | 24.26 |
| 2023 | 15.48 | 19.89 |
| 2022 | 9.79 | 11.26 |
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.