Faysal Islamic Stock Fund
Funds Overview
The investment objective of the fund is to provide long term capital growth by investing primarily in Shariah Compliant listed equity securities, with prudent and professional management.
Brief Terms of FISF Fund are presented below
| Fund Type | Open Ended |
| Category | Shariah Compliant Equity Scheme |
| Tenor: | Perpetual |
| Pricing Mechanism | Forward |
| Risk profile | High |
| Managed By | Faysal Funds |
| Inception Date | 01 March, 2018 |
| Trustee | Central Depository Company of Pakistan Limited(CDC) |
| Listing | Pakistan Stock Exchange |
| Governing Body | Securities & Exchange Commission of Pakistan |
| Rating | Applied for rating |
| Benchmark | KMI -30 Index |
| Minimum Investment | PKR 5,000/- |
| Management Fee | Management Company shall be entitled to an accrued remuneration equal to an amount not exceeding 2% of Average Annual Net Assets, with in allowed expense ratio limit. |
| Back end Load | Nil |
| Front end Load | Up to 3% |
| Auditor | A.F Ferguson & Co, Chartered Accountant |
| Shariah Advisor | Mufti Abdul Zahid Farooqi |
| Legal Advisor | Mohsin Tayebaly & Co. |
| Initial Investment | PKR. 5,000/- |
| Back office Accounting Services | IT Minds Limited |
| NTN | 8177083-7 |
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
Strong investment philosophy.
Experienced professionals with the necessary expertise to manage your money on your behalf.
Ease to invest and withdraw your investment at your convenience
Ideal for investors who wish to make Shariah Compliant investments for long term capital growth.
You can start investing with as little as Rs. 5,000/-
Well diversified and transparent investment avenue
Frequently Asked Questions
What is Faysal Islamic Stock Fund?
The investment objective of the fund is to provide long term capital growth by investing primarily in Shariah Compliant listed equity securities, with prudent and professional management.
What is fund strategy?
The strategy of Faysal Islamic Stock Fund (FISF) is to provide higher risk adjusted returns over the long term by investing in a diversified portfolio of Shariah compliant equity instruments. Emphasis is on contribution towards growth, both through appreciation and dividend income.
FISF Performance
| Year | Fund's Annual Yield | Benchmark's Annual Yield |
|---|---|---|
| FY 2020-21 | 40.73% | 27.81% |
| FY 2021-22 | -23.25% | -10.25% |
Investment Objective & Strategy
The strategy of Faysal Islamic Stock Fund (FISF) is to provide higher risk adjusted returns over the long term by investing in a diversified portfolio of Shariah compliant equity instruments. Emphasis is on contribution towards growth, both through appreciation and dividend income.
Investment Committee
| Mr. Khaldoon Bin Latif | Chief Executive Officer |
| Mr. Ayub Khuhro | Chief Investment Officer |
| Mr. Faisal Ali Khan | Chief Financial Officer |
| Mr. Khurram M. Arif, CFA | Head of Equity |
| Mr. Mohammed Hunain, CFA | Head of Research |
| Mr. Khurram Salman | Head of Compliance and Internal Audit |
| Mr. Imad Ansari | Head of Risk |
