Faysal Cash Fund
Funds Overview
The Objective of the Fund is to seek maximum possible preservation of capital and a competitive rate of return via investing primarily in money market securities.
Brief Terms of FCF are presented below
| Fund Type | Open End Fund |
| Category | Money Market Scheme |
| Tenure | Prepetual |
| Risk Profile | Low |
| Launch Date | August 11, 2020 |
| Benchmark | The benchmark shall be 70% three (3) months PKRV rates + 30% three (3) months average deposit rate of three (3)-AA rated scheduled banks as selected by MUFAP. |
| Pricing Mechanism | Backward |
| Management Fee | Management Company shall be entitled to an accrued remuneration equal to an amount not exceeding 1% of Average Annual Net Assets, within allowed expense ratio limit. |
| Front end Load | Up to 2% of NAV |
| Back end Load(As Deferred Sales Load | Up to 1% of NAV |
| Minimum Investment | PKR 5,000/- |
| Trustee | Central Depository Company of Pakistan |
| Auditor | A. F. Ferguson & Co. |
| Legal Advisor | Mohsin Tayebaly & Co. |
| NTN | 8021346-6 |
All investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Documents to understand the investment policies,
risks involved and tax implications. Performance data does not include cost incurred by investor in the form of sales load. All returns/figures are annualized, net of sales load and all fees including management fee
Key Benefits
Stable and competitive returns.
Professional management of your savings
Maximum preservation of principal investment resulting in lower risk
Short term cash parking with high liquidity
Daily dividend units distributed into investor’s account
Frequently Asked Questions
What is Faysal Cash Fund?
The Objective of the Fund is to seek maximum possible preservation of capital and a competitive rate of return via investing primarily in money market securities.
What is fund strategy?
The Strategy of the Fund is to meet liquidity needs of investors by providing investors a daily payout (regular profits) through investment , which will be reinvested by investing in high quality Money Market Instruments. FCF aims to bring you stable returns and avoiding volatility of long-term securities.
FCF Performance
| Year | Fund's Annual Yield | Benchmark's Annual Yield |
|---|---|---|
| FY 2020-21 | 5.65% | 6.65% |
| FY 2021-22 | 9.92% | 9.28% |
Investment Objective & Strategy
The Strategy of the Fund is to meet liquidity needs of investors by providing investors a daily payout (regular profits) through investment , which will be reinvested by investing in high quality Money Market Instruments. FCF aims to bring you stable returns and avoiding volatility of long-term securities.
Investment Committee
| Mr. Ayub Khuhro | Acting Chief Executive Officer |
| Mr. Faisal Ali Khan | Chief Financial Officer |
| Mr. Shahid Iqbal | Head of Fixed Income |
| Mr. Khurram M. Arif, CFA | Head of Equity |
| Mr. Mohammed Hunain, CFA | Head of Research |
| Mr. Khurram Salman | Head of Internal Audit |
| Mr. Syed Eunas Viqar | Head of Compliance |
| Mr. Imad Ansari | Head of Risk |
