Faysal Sharia Capital Preservation Plan
The “Faysal Sharia Capital Preservation Plan” is an Islamic Plan under “Faysal Sharia Planning Fund” with an objective to earn a potentially competitive return through dynamic asset allocation between Islamic income/Money market, Islamic equity Collective Investment Scheme and Islamic Banks deposit by using CPPI methodology, while aiming to providing Capital Preservation of the Initial Investment Value at maturity of the plan based on the Fund Manager’s outlook on the assets classes.
Brief Terms of CPPI are presented below
|Fund Type||Open Ended|
|Category||Sharia Compliant Fund of Funds Scheme|
|Initial Maturity||Two years|
|Management Fee||1.5% on AUM or if investment made in CIS Underlying Fund fee will be applicable|
|Minimum Investment||PKR 1,000/|
|Trustee||Central Depository Company of Pakistan Limited (CDC)|
|Front end Load||Up to 3%|
|Contingent load||For First Year 2%For Second Year 1%|
|Benchmark||Weighted average return of KMI 30 index and 6-months deposit rate of (Three)3
A rated Scheduled Islamic Banks or Islamic window of conventional banks as
selected by MUFAP based on actual proportion of investment in Islamic
Equity,Islamic Income/Money Market Scheme and bank deposit made by the allocation plan.
|Sharia Advisor||Mufti Abdul Zahid Farooqi|
|Auditor||A. F. Ferguson & Co.|
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
Aiming to provide 100% capital preservation upon maturity of the plan
Shariah Compliant Riba free investment
Capital Growth Opportunity
Hassle-free portfolio diversification
Proactive management of risk and return, by a professional team of experts
Exemption from Zakat on submission of Affidavit
Upto 50% exposure in Shariah Compliant equity based on the market outlook while preserving capital
Frequently Asked Questions
What is Sharia Capital Preservation Plan?
Fund of Fund Scheme with an objective to earn a potentially competitive return through dynamic asset allocation between Islamic income, Islamic equity based Collective Investment Schemes and sharia compliant bank deposits by using CPPI methodology, while aiming to providing Capital Preservation of the Initial Investment Value at maturity of the plan based on the Fund Manager’s outlook on the assets classes
Who can Invest?
This Product Is Suitable For Investors Who Are Seeking:
• Attractive returns through Shariah compliant equity participation along with Principal Preservation
• Proactive management and focused strategy to minimize risk through CPPI Methodology.
• Shariah complaint riba free investment with Halal profit
What if I want to take out my amount within 2 years duration?
Yes you may redeem your amount anytime however Contingent Load will be charged 2% for first year and 1% for second year.
What is plan strategy?
The strategy of the plan is to provide capital preservation while giving an opportunity to investors to take equity exposure. The strategy employed by the management would be to essentially generate steep returns from the equity market without exposing the
investors to primary risk of equity market. Investors with minimum 2 years view is expected to benefit from this investment strategy.
|Year||Fund's Annual Yield||Benchmark's Annual Yield|
|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. 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|