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Alhamra Smart Portfolio

Investment Objective

The objective of Alhamra Smart Portfolio (ALHSP) is to provide opportunity to the Unit Holders to earn potentially high return by taking stock market exposure while minimizing risk to capital.

Plan Strategy

The allocation plan will allocate funds between ALHIIF (Islamic Income) and ALHISF (Islamic Equity) in a systematic way. ALHSP will aim to invest 75:25 between ALHIIF and ALHISF at such frequency as decided by the Management. The strategy aims to invest more in ALHISF when the stock prices drop and cash out when the prices increase after a certain time period. Market timing is done in a systematic way in order to improve the overall return profile for the investors with much lesser volatility.  At the same time the portfolio is maintained with 75% of the value in medium risk scheme i.e. ALHIIF, thereby reducing the risk as compared with an all equity portfolio. 75% fixed income allocation is aimed at providing cushion in the periods when stock market does not perform well while adding to higher absolute returns in higher return periods of stock market.

Plan Features

Provide positive real return with less volatility.

Reduces the element of market timing and invests in a systematic way.

High Liquidity.

Quick Facts

Launch Date 11-June-21
Fund Type An Open End Scheme
Currency PKR
Minimum Investment 500 /-
Fund Manager Syed Muhammad Usama Iqbal
Asset Manager Rating AM1 (AM One) by PACRA (06-Oct-21)
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 as selected by the MUFAP 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 (%)
2021 -0.12 -0.55

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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.