Faysal Government Securities Fund
Fund Objective
The objective of the scheme is to provide competitive returns by investing primarily in Government Securities.
Brief Terms of FGSF are presented below
| Fund Type | Open End Fund |
| Category | Sovereign Income Scheme |
| Tenure | Prepetual |
| Risk Profile | Low |
| Stability Rating | AA(f) |
| Launch Date | March 16, 2020 |
| 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 | Nil |
| Minimum Investment | PKR 5,000/- |
| Trustee | Central Depository Company of Pakistan |
| Auditor | A. F. Ferguson & Co. |
| Legal Advisor | Mohsin Tayebaly & Co. |
| NTN | 6988627-1 |
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
Low risk and return potential -Low
Invest with as low as PKR 5,000/=
Exemption from Zakat on submission of Affidavit
Ideal for investors with medium term horizon, seeking returns better than bank deposits.
Encashment without any penalty
Frequently Asked Questions
What is Faysal Government Securities Fund?
The objective of the scheme is to provide competitive returns by investing primarily in Government Securities.
Who can Invest?
This Fund is Ideal for investors with short and medium term horizons, seeking returns better than bank deposits. while aiming to preserve the principal.
What is Fund strategy?
The investment strategy of the Fund is to provide consistent returns to its investors through active investments in a blend of short, medium and long term securities issued and / or guaranteed by Government of Pakistan. The Fund will aim to provide superior risk adjusted returns through active duration and liquidity management tools.
FGSF Performance
| Year | Fund's Annual Yield | Benchmark's Annual Yield |
|---|---|---|
| FY 2019-20 | 10.93% | 8.73% |
| FY 2020-21 | 6.80% | 7.28% |
| FY 2021-22 | 8.55% | 10.67% |
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. Mohammed Hunain, CFA | Head of Research |
| Mr. Khurram Salman | Head of Compliance and Internal Audit |
| Mr. Imad Ansari | Head of Risk |
