Faysal Savings Growth Fund

Grow and save the Natural way

Funds Overview


In line with its investment objectives, funds will be invested in a range of liquid money market and debt instruments. The investment portfolio will primarily comprise of PIB’s, Bank Deposits, Treasury Bills, debt securities (TFCs, sukuks etc) , Certificates of Investments, Spread Transactions and any other security or instruments that may be allowed by SECP.

Brief Terms of FSGF are presented below


Fund TypeOpen Ended
CategoryIncome
Risk ProfileMedium risk
Stability RatingAA-(f) (PACRA)
Launch DateMay 12, 2007
Custodian/TrusteeCentral Depository Company of Pakistan (CDC)
AuditorA.F.Ferguson & Co.
Management FeeManagement Company shall be entitled to an accrued
remuneration equal to an amount not exceeding
1.5% of Average Annual Net Assets, with
in allowed expense ratio limit.
Front end LoadUp to 2% of NAV
Back end LoadNil
Min SubscriptionType A PKR. 5,000/- & Type B PKR 50,000/-
BenchmarkSix months KIBOR rates
Pricing MechanismForward
AMC RatingAM2 (VIS)

Key Benefits


Encashment without any penalty
Invest with as low as Rs. 5,000 (Type A) and Rs. 50,000 (Type B)
Competitive returns as compare to the bank deposit
No minimum holding period of investment
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

FSGF Performance


YearDividend PayoutFund's Annual YieldBenchmark's Annual Yield
FY 2006-071.25%10.42%9.39%
FY 2007-0810.00%9.97%10.13%
FY 2008-0912.75%12.74%13.38%
FY 2009-1010.95%10.98%12.44%
FY 2010-1110.40%11.01%13.34%
FY 2011-1210.75%11.14%12.33%
FY 2012-137.85%8.67%9.88%
FY 2013-148.57%8.81%9.76%
FY 2014-1512.85%12.81%6.61%
FY 2015-167.80%7.75%6.50%
FY 2016-175.75%5.99%6.10%
FY 2017-184.75%4.90%6.35%

Investment Objective & Strategy


In line with its investment objectives, funds will be invested in a range of liquid money market and debt instruments. The investment portfolio will primarily comprise of PIB’s, Bank Deposits, Treasury Bills, secured and unsecured listed or privately placed debt securities, Certificates of Investments, Spread Transactions and any other security or instruments that may be allowed by SECP.

Investment Committee

Mr. Khaldoon Bin LatifChief Executive Officer
Mr. Ayub KhuhroChief Investment Officer
Mr. Faisal Ali KhanCFO and Company Secretary
Syed Shahid Iqbal Sr. Fund Specialist - Fixed Income
Mr. Mustajab AlamSr. Fund Specialist - Fixed Income
Mr. Umer PervezDirector Research
Mr. Khurram Salman Head of Compliance and Internal Audit
Mr. Imad AnsariHead of Risk