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MCB Pakistan Asset Allocation Fund

Investment Objective

MCB Pakistan Asset Allocation Fund (MCB-PAAF ) is an asset allocation fund and its objective is to aim at providing a high absolute return by investing in equity and debt markets.

Fund Profile

MCB PAAF shifts exposures in to debt or equity as per market conditions and discretion of the Management Company. The fund may invest up to 100% in equity securities or up to 100% in debt securities according to market conditions.

Quick Facts

Launch Date 17th March 2008
Fund Type An Open End Scheme
Currency PKR
Minimum Investment 500 /-
Fund Manager Syed Abid Ali
Asset Manager Rating AM2++ (AM Two Double Plus) by PACRA (08-Jun-16)
Pricing Mechanism Forward
Listing Pakistan Stock Exchange
Trustee Central Depository Company of Pakistan Limited
Auditor A.F. Ferguson & Co. Chartered Accountants
Benchmark Weighted average of KSE 100 index, 6 months PKRV, 6months KIBOR and Minimum Savings Rate as per amount invested in equities, Govt.securities, other debt & fixed income investments and cash and cash equivalents respectively on a particular time period.

5 years performance

Year Fund (%) Benchmark (%)
2016 3.21 9.86
2015 19.41 8.85
2014 11.95
2013 19.20
2012 8.70