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 FSSP-I are presented below
| Fund Name | Faysal Special Savings Fund |
| Plan Name | Faysal Special Savings Plan-I |
| Fund Type | Open End Fund |
| Category | Capital Protected Scheme |
| Tenure | Prepetual |
| Risk Profile | Very Low |
| Launch Date | October 1, 2021 |
| Benchmark | Average of 6 Months PKRV Rates |
| Pricing Mechanism | Forward |
| Management Fee | Up to 1% of Average Annual N.A. |
| Front end Load | Up to 2% of NAV |
| Back end Load | Nil |
| Minimum Investment | PKR 1,000/- |
| Trustee | Central Depository Company of Pakistan |
| Auditor | A. F. Ferguson & Co. |
| Legal Advisor | Mohsin Tayebaly & 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
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
Easy Online redemption & Conversion Facility Available
Maximum preservation of principal investment resulting in lower risk
No- Lock-in period, withdraw investment at any point without any penalty
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.
FSSP-I Performance
| Year | Fund's Annual Yield | Benchmark's Annual Yield |
|---|---|---|
| FY 2021-22 | 6.44% | 8.66% |
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. Mohammed Hunain, CFA | Head of Research |
| Mr. Imad Ansari | Head of Risk |
| Mr. Khurram Salman | Head of Compliance and Internal Audit (non-voting) |
