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Alhamra Islamic Active Allocation Plan-II

Investment Objective

Alhamra Islamic Active Allocation Plan-II is a Shari’ah Compliant Islamic Asset Allocation Plan with an objective to earn a potentially high return through active asset allocation among Shari’ah Compliant Islamic Schemes based on the Fund Manager’s outlook of the asset classes.

Investment Policy

The Alhamra Islamic Active Allocation Plan-II will be actively allocated among Shariah Compliant Collective Investment Schemes (Islamic Equity and Islamic Income Schemes) and cash and/or near cash instruments.

Authorised Investment

Shariah Compliant Islamic Schemes of the Management Company, Islamic Bank and / or Islamic Banking windows of conventional bank account and GoP Ijara Sukuk of not exceeding ninety (90) days maturity.

Benefits

  • Shariah Compliant Investment under the Supervision of Reputed Shariah Advisors.
  • By investing in ALHIAAP-II you can avail Tax Savings benefits.
  • A Platform to get high absolute returns by investing in Equity and Fixed Income.
  • Active management of risk and return, by our team of experts.
  • Start your savings with as low as Rs. 500.

Quick Facts

Launch Date 16-June-17
Fund Type An Open End Scheme
Currency PKR
Minimum Investment 500 /-
Fund Manager Syed Abid Ali
Asset Manager Rating AM1 (AM One) by PACRA (06-Oct-2020)
Pricing Mechanism Forward
Listing Pakistan Stock Exchange
Trustee Digital Custodian Company Limited (Formerly MCB Financial Services Limited)
Auditor E.Y Ford Rhodes, Chartered Accountants
Benchmark KMI-30 Index and six (6) months average deposit rates of three (3) “A” rated Scheduled Islamic Banks or Islamic Windows of Conventional Banks on the basis of actual proportion held by the scheme

Latest Expense ratio of the Fund is updated in the FMR (Fund Manager’s Report).

5 years performance

Year Fund (%) Benchmark (%)
2020 11.77 1.60
2019 -5.54 -23.43
2018 -0.43 -8.96
2017 0.19 0.10

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Disclaimer: All investments in mutual fund are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies and the risks involved. Performance data does not include the cost incurred directly by an investor in the form of sales loads etc. The information in this literature is issued for indicative and informational purposes only and investors are advised to make their own appraisal of the investment opportunity, tax implications and consult their own financial, legal, taxation and/or other professional advisors prior to making any investment in mutual fund. The mutual fund may hold certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and the Financial Statements of the mutual fund particularly the details of non-compliant investments, provision against SWWF liability and Risk Factors.