Pakistan Income Enhancement Fund
The objective of the fund is to deliver return from aggressive investment strategy in debt and fixed income market.
Pakistan Income Enhancement 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.
|Launch Date||28th August 2008|
|Fund Type||An Open End Scheme|
|Minimum Investment||500 /-|
|Fund Manager||Saad Ahmed|
|Asset Manager Rating||AM2++ (AM Two Double Plus ) by PACRA (08-Jun-16)|
|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 (%)|