Faysal Financial Value Fund
Fund Objective
The investment objective of the Fund is to seek long term capital appreciation through investments in equity stock, fixed income, Money Market, bank deposits primarily from the financial sector/segment/industry and any other instrument as defined in Constitutive documents
Brief Terms of FFVF are presented below
| Fund Type | Open Ended |
| Pricing Mechanism | Forward |
| Category | Asset Allocation |
| Tenure | Perpetual |
| Management Fee | 0.25% p.a. |
| Minimum Investment | PKR 5,000/- |
| Front end load | Upto 3% |
| Back End Load | Nil |
| Risk Profile | High |
| Benchmark | 7The Benchmark for "Faysal Financial Value Fund" shall be weighted average of KSE 100 Index and 6 Month KIBOR rates and 70% three (3) months PKRV rates + 30% three (3) months average deposit rate of three (3) AA rated scheduled Banks as selected by MUFAP on the basis of actual proportion held by the scheme. |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | A.F.Ferguson & Co. |
| Back Office Accounting Services | IT Minds Limited |
| Legal Advisor | Mohsin Tayebaly & Co. |
| Transfer Agent | IT Minds Limited |
| NTN | 6648630-6 |
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
No minimum holding period of investment
Portfolio engineered to manage risk while maintaining liquidity
Invest with as low as PKR 5,000
Salaried / Non-salaried Investors can avail tax credit on their investment under section 62 of Income Tax Ordinance 2001 – subject to holding of investment for 24 months from investment date
Proactive portfolio rebalancing to harness optimal sector asset allocation among equity, fixed income & debt asset classes
Encashment without any penalty
Exemption from Zakat on submission of Affidavit
FFVF Performance
| Year | Dividend Payout | Fund's Annual Yield | Benchmark's Annual Yield |
|---|---|---|---|
| FY 2019-20 | 0.12% | 6.57% | 6.56% |
Investment Committee
| Mr. Khaldoon Bin Latif | Chief Executive Officer |
| Mr. Ayub Khuhro | Chief Investment Officer |
| Mr. Faisal Ali Khan | Chief Financial Officer |
| Syed Shahid Iqbal | Head of Fixed Income |
| Mr. Mustajab Alam | Fund Manager |
| Mr. Umer Pervez | Director Research |
| Mr. Khurram Salman | Head of Compliance and Internal Audit |
| Mr. Imad Ansari | Head of Risk |
