Brief of the Fund

The purpose of this fund is to invest in a balanced portfolio of high-quality equity and income instruments so as to generate long term capital appreciation as well as current income for our prestigious customers.  It also tends to balance the risk by having exposure to both equity and debt markets. It helps deliver steady returns across various market cycles by being less risky and less volatile than pure equity funds.

Key Objective

To preserve the investor’s capital while providing a return greater than that offered by other investments of similar risk profile through investments in a mixed portfolio of money market, fixed income and stocks.

Key features of the Fund

Structure Open End
Industry Category Balanced Scheme
Listing KSE
Pricing Mechanism Forward
Benchmark 29% KSE-100 + 71% Avg. 6 M KIBOR Ask
AMC Rating Non-rated
Management Fee 2.00% Per Annum
Fund Manager Miss Tara Uzra Dawood (Acting Fund Manager)
Mr. Muhammad Abbas (Debt Fund Manager)
Mr. Muhammad Aslam (Asst. Equity Fund Manager)

Fund Performance

Fund Performance Highlights FY16 FY15 FY14 FY13 FY14
FDMF Returns -15.34% 24.49% 26.72% 43.45% -6.33%
Dividends (per unit) 0.0101 0.1218 0.2320 0.0101 0.33