| 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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