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Pakistan Income Enhancement Fund

Investment Objective

The objective of the fund is to deliver return from aggressive investment strategy in debt and fixed income market.

Fund Profile

Pakistan Income Enhancement Fund (An Aggressive Fixed Income Fund) (referred to as PIEF) is an open end fund which primarily invests in debt and fixed income instruments and may also take limited exposure in structured products. The maximum duration of the fund shall not exceed 3 years.

Quick Facts

Launch Date 28th August 2008
Fund Type An Open End Scheme
Currency PKR
Minimum Investment 500 /-
Fund Manager Saad Ahmed
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 Deloitte Yousuf Adil & Co., Chartered Accountants
Benchmark One(1) year KIBOR rates (Effective from September 30, 2016)

5 years performance

Year Fund (%) Benchmark (%)
2016 8.33 7.52
2015 13.63 11.75
2014 8.73 8.73
2013 7.20 12.30
2012 8.90 13.70