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MCB Pakistan Sovereign Fund

Investment Objective

The objective of the MCB Pakistan Sovereign Fund (MCB-PSF ) is to deliver income primarily from investment in government securities.

MCB Pakistan Sovereign Fund Profile

MCB Pakistan Sovereign Fund (MCB-PSF ) is an open end fund, which invests in bonds and debt securities issued by the Government of Pakistan as well as Reverse Repurchase transactions (Reverse-REPOs) against government securities. Under the Regulation number 58(1)(k) of NBFC and NE regulations 2008, it is only allowed to borrow up to 15% of net assets for up to 90 days to meet redemption needs.

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