MCB Pakistan Asset Allocation Fund
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.
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.
|Launch Date||17th March 2008|
|Fund Type||An Open End Scheme|
|Minimum Investment||500 /-|
|Fund Manager||Syed Abid Ali|
|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||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 (%)|