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Faysal Islamic Asset Allocation Fund

Raise the bar with Halal earnings

Funds Overview

The objective of Faysal Islamic Asset Allocation Fund (FIAAF) is to earn competitive riba free return by investing in various Shariah compliant asset classes/instruments based on the market outlook and may easily change allocation to take advantage of directional macro and micro economic trends and undervalued stocks.

Brief Terms of FIAAF are presented below

Fund Type Open End Fund
Category Shariah Compliant Asset Allocation Scheme
Tenure Prepetual
Risk Profile High
Launch Date September 9, 2015
Benchmark Weighted Average Daily Return of KMI-30 Index
and Six (6) Month Deposit Rate of A and above
rated Islamic Banks or Islamic windows of
Scheduled Commercial Banks based on the
Fund’s actual proportion in the Equity and
Income / Money Market securities.
Pricing Mechanism Forward
Management Fee Management Company shall be entitled to an
accrued remuneration equal to an amount not
exceeding 2% 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 7137157-4

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

Earn Riba free –Halal returns
No minimum holding period for investors
Open end fund structure - ease of entry & exit (in part or whole)
Proactive portfolio rebalancing to harness optimal asset allocation among equity, fixed income & money market asset classes
Opportunity to track escalating equity market returns in times of rapidly growing economy
Portfolio engineered to manage risk while maintaining liquidity
Encashment without any plenty
Start your investment as low as Rs.5000/-
Hassle free portfolio diversification through a single investment scheme

FIAAF Performance

Year Fund's Annual Yield Benchmark's Annual Yield
FY 2015-16 -4.02% 14.45%
FY 2016-17 23.04% 15.40%
FY2018-19 -19.46% -13.17%
FY2019-20 10.89% 4.48%
FY 2020-21 8.33% 3.56%
FY 2021-22 9.89% 3.34%

Investment Objective & Strategy

In line with its investment objectives, funds will be invested in Sukuks, Shariah Compliant Participation Term Certificates, Certificates of Investment, Bank Deposits, Placement of funds under Mudarabah, Murabaha and Musharikah, Istisna’a and Ijara arrangements and any other securities or instruments that may be permitted by the Commission and the Shariah Council.

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 Sr. Fund Specialist - Fixed Income
Mr. Mohammed Hunain, CFA Head of Research
Mr. Khurram Salman Head of Compliance and Internal Audit
Mr. Imad Ansari Head of Risk