Faysal Balanced Growth Fund
 

Faysal Balanced Growth Fund (FBGF) is an open-ended mutual fund. The units of FBGF are listed on the Karachi Stock Exchange and were initially offered to the public on April 19, 2004. FBGF seeks to provide long-term capital appreciation with a conservative risk profile and a medium to long-term investment horizon. FBGF’s investment philosophy is to provide stable returns by investing in a portfolio balanced between equities and fixed income instruments. 

Brief terms of FBGF are presented below
 
Fund Type Open Ended
Fund    Balanced Fund
Tenor:    Perpetual
Management    Faysal Asset Management Limited (FAML)
Inception Date   April 19, 2004
Trustee   Central Depository Company of Pakistan (CDC)
Listing    Karachi Stock Exchange
Governing Body Securities & Exchange Commission of Pakistan

 

FBGF Performance
Year Dividend Payout Fund's Annual Yield Benchmark's Annual Yield
FY 2004-05 12.50% 14.7% 41.12%
FY 2005-06 26.00% 26% 34.08%
FY 2006-07 18.00% 21.16% 37.87%
FY 2007-08 3.40% -0.09% -2.49%
FY 2008-09 Nil -24.00% -16.43%

Investment Philosophy of FBGF

Maximum of upto 70% of the Fund’s portfolio will be invested in equity securities, primarily in liquid shares. Minimum 30% of the fund value will be invested in Fixed Income Securities including money market instruments. 

Key Benefits

  • Experienced professionals with the necessary expertise to manage your money on your behalf.
  • You can start investing with as little as Rs. 5,000/-
  • FBGF is an open-end fund, which means that you may invest and withdraw your investment at your convenience.
  • Your funds are invested in a broad range of sectors and securities, diversifying the portfolio and therefore reducing risk.
  • Individuals’ investors can receive a tax credit of up to Rs. 60,000/- on their investment.*

*According to Section 62 of the Income Tax Ordinance 2001.

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