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 Type | Open End Fund |
| Category | Income Scheme |
| Tenure | Prepetual |
| Risk Profile | Medium |
| Stability Rating | AA-(f) (PACRA) |
| Launch Date | May 12, 2007 |
| Benchmark | Six months KIBOR rates |
| Pricing Mechanism | Forward |
| Management Fee | Management Company shall be entitled to an accrued remuneration equal to an amount not exceeding 1.5% of Average Annual Net Assets, within allowed expense |
| 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 | 2868859-7 |
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
Encashment without any penalty
Invest with as low as Rs. 5,000 (Type A) and Rs. 50,000 (Type B)
No minimum holding period of investment
Competitive returns as compare to the bank deposit
FSGF Performance
| Year | Fund's Annual Yield | Benchmark's Annual Yield |
|---|---|---|
| FY 2006-07 | 10.42% | 9.39% |
| FY 2007-08 | 9.97% | 10.13% |
| FY 2008-09 | 12.74% | 13.38% |
| FY 2009-10 | 10.98% | 12.44% |
| FY 2010-11 | 11.01% | 13.34% |
| FY 2011-12 | 11.14% | 12.33% |
| FY 2012-13 | 8.67% | 9.88% |
| FY 2013-14 | 8.81% | 9.76% |
| FY 2014-15 | 12.81% | 6.61% |
| FY 2015-16 | 7.75% | 6.50% |
| FY 2016-17 | 5.99% | 6.10% |
| FY 2017-18 | 4.90% | 6.35% |
| FY 2018-19 | 7.59% | 10.21% |
| FY 2019-20 | 11.71% | 12.22% |
| FY 2020-21 | 6.47% | 7.43% |
| FY 2021-22 | 8.80% | 10.80% |
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 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 |
