The objective of the fund is to deliver return from aggressive investment strategy in debt and fixed income market.
Pakistan Income Enhancement Fund (is an Open-End Aggressive Fixed Income Scheme) (PIEF) which primarily invests in debt and fixed income instruments and may also take limited exposure in structured products.
| Launch Date | 28th August 2008 |
|---|---|
| Risk Profile | Medium (Principal at medium risk) |
| Fund Type | An Open End Scheme |
| Currency | PKR |
| Asset Manager Rating | AM1 (AM One) by PACRA (04-Oct-24) |
| Minimum Investment | For Type A Units: Rs 500 For Type B Units: Rs 10,000,000 For Type C “Bachat” Units: Rs 500 |
| Fund Manager | Saad Ahmed |
| Pricing Mechanism | Forward |
| Listing | Pakistan Stock Exchange |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | M/s. M. Yousuf Adil Saleem & Co. Chartered Accountants |
| Benchmark | One(1) year KIBOR rates |
Latest Expense ratio of the Fund is updated in the FMR (Fund Manager’s Report).
| Year | Fund (%) | Benchmark (%) |
|---|---|---|
| 2024 | 20.39 | 24.44 |
| 2023 | 17.24 | 20.47 |
| 2022 | 10.42 | 11.88 |
| 2021 | 7.32 | 8.08 |
| 2020 | 14.45 | 13.08 |
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.