Plan Objective
The “Faysal Special Savings Plan-I (FSSP-I)” is a perpetual Allocation Plan under “Faysal Special Savings Fund” with an objective to earn competitive return with capital protection for unit holders who retain their investment in the Plan for a period of Twenty Four (24) months or more from date of their investments in the Plan.
Brief Terms of FSSF are presented below
| Fund Name | Faysal Special Savings Fund |
| Plan Name | Faysal Special Savings Plan-I |
| Fund Type | Capital Protected Scheme |
| Pricing Mechanism | Forward Pricing |
| Category | Capital Protected Scheme |
| Tenure | Prepetual |
| Management Fee | Up to 1% p.a. |
| Minimum Investment | PKR 5,000/- |
| Trustee | Central Depository Company of Pakistan Limited (CDC) |
| Front end Load | Up to 2% p.a. |
| Backend / Contingent Load | Not Applicable |
| Risk Profile | Medium |
| Benchmark | Average of 6 Months PKRV Rates. |
| Legal Advisor | Mohsin Tayebaly & Co. |
| Auditor | A.F Ferguson, Chartered Accountant |
Key Benefits
Professional Management of your savings
Capital Protection those investor retain their investments 24 months
Investors who are looking for Competitive and stable returns
Perfect investment avenue to invest your short term Savings
No- Lock-in period, withdraw investment at any point without any penalty
Easy Online redemption & Conversion Facility Available
Maximum preservation of principal investment resulting in lower risk
Avail tax credit as per section 62 of Income Tax Ordinance 2001.
Frequently Asked Questions
Faysal Special Savings Fund Strategy
The Strategy of the Faysal Special Saving Plan I is to meet the liquidity needs of the investors through earning a competitive return by investing in high quality Money Market Instruments and providing capital protection to investor for holding investment for 24 months. FSSP-I aims to bring you stable and competitive returns by avoiding volatility of short term and long-term securities.
Investment Committee
| Mr. Khaldoon Bin Latif | Chief Executive Officer |
| Mr. Faisal Ali Khan | Chief Financial Officer |
| Mr. Ayub Khuhro | Chief Investment Officer |
| Syed Shahid Iqbal | Head of Fixed Income |
| Mr. Umer Pervez | Director Research |
| MMr. Imad Ansari | Head of Risk |
| Mr. Khurram Salman | Head of Compliance and Internal Audit (non-voting) |
