Faysal Income & Growth Fund
 

The prime objective of Faysal Income & Growth Fund (FIGF) is to provide superior long-term risk adjusted returns by investing in a diverse pool of fixed income securities, including money market instruments; in particular, the aim is to minimize interest rate risk through duration management and default risk through portfolio diversification. The Fund will employ prudent and disciplined investment management, and maximize the total investment return through systematic and informed security selection.

Brief Terms of FIGF are presented below
 
Fund Type   Open Ended
Fund     Categorization in Process
Tenor Perpetual
Managed By Faysal Asset Management Limited (FAML)
Inception Date   October 10, 2005
Trustee  Central Depository Company of Pakistan (CDC)
Listing Karachi Stock Exchange
Governing Body Securities & Exchange Commission of Pakistan

 

FIGF Performance
Year Dividend Payout Fund's Annual Yield Benchmark's Annual Yield
FY 2005-06 5.50% 7.73% 9.34%
FY 2006-07 12.75% 12.75% 10.39%
FY 2007-08 10.00% 9.94% 10.51%
FY 2008-09 8.00% 8.90% 14.11%
FY 2009-10 10.75% 11.04% 12.39%

Investment Philosophy of FIGF

At least 90% of the Net Assets will be invested in Fixed Income Securities. To enhance overall yields and provide opportunities for capital growth, the fund may also invest up to but not more than 10% of its Net Asset Value in Equity Securities issued by blue chip companies.

Key Benefits

  • Experienced professionals with the necessary expertise manage your money on your behalf.
  • You can start investing with as little as Rs. 5,000/-
  • FIGF is an open-end fund, which means that you may invest and withdraw your investment at your convenience.
  • 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.

Download Accounts:
 
 
 
 
Home