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MCB Pakistan Fixed Return Plan IV

INVESTMENT OBJECTIVE

To provide promised fixed return to the Unit Holders at maturity by investing in short term Fixed Income Securities.

FUND PROFILE

Investors will be intimated at the time of investment a promised rate of return which will be delivered at the time of maturity of the Plan.

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Quick Facts

Launch Date Sep 27, 2022
Fund Type An Open-End Fixed Rate/ Return Scheme
Fixed Return 15.10% per annum
Currency PKR
Minimum Investment 500 /-
Maturity Date 15 Decemeber 2022
Risk Profile Very Low Risk (Principal at very low risk)
Asset Manager Rating AM1 (AM 1) by PACRA
Pricing Mechanism Backward Pricing
Listing Pakistan Stock Exchange
Trustee Central Depository Company of Pakistan Limited
Fund Manager
Auditor Yousuf Adil & Co., Chartered Accountants
Benchmark Upto 3 Month Average PKRV Rates based on the duration of portfolio.
Management Fee Upto 15% of the gross earnings of the Scheme.
Zakat & Taxation Zakat Deduction as per Zakat & Ushr Ordinance, 1980. Capital Gain Tax and withholding tax on cash dividends as per prevailing Income Tax Ordinance, 2001.
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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.