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| AH Dow Jones safe pakistan titans 15 index fund |
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Investment Objective |
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The Fund aims to provide investors with a total return that before expenses, closely
corresponds to the return of the Dow Jones SAFE Pakistan Titans 15 Index by tracking
the return of Index, thus providing exposure to
the constituents of Index in a single security. |
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Fund Profile |
AH Dow Jones SAFE Pakistan Titans 15 Index Fund (AHDJPF) is an Open End Index Tracker
Fund which aims to provide investors with a total return that closely corresponds
to the return of the Dow Jones SAFE Pakistan Titans 15 IndexSM.
The AHDJPF will employ a passive management approach to replicate the performance
of the constituents of Dow Jones SAFE Pakistan Titans 15 IndexSM. The Fund will
invest all or substantially all, of its assets in securities that make up the target
index. Excess cash, if any, may be kept in daily-return bank deposits or short term
money market instruments. The Fund is not allowed to take leveraged investment positions.
This fund also provides a low cost exposure to a portfolio primarily holding blue-chip
liquid stocks selected on the basis of free float market capitalization and liquidity.
Salient Features
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Only Pakistani fund structured on an index by International Index Provider.
- Single Ticket Acquisition
- Small Ticket Entry
- Lower Transaction Costs
- Optimal Liquidity
- High Correlation with KSE-100 (Back-tested 5-years [Aug 2005 - July 2010])
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Benchmark |
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Dow Jones SAFE Pakistan Titans 15 Index. |
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| Performance
(Since Inception) |
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| Quick Stats |
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Date of Inception |
14th October 2010 |
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Fund Type |
Open End Index Tracker Fund |
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Minimum
investment |
Rs. 5,000 |
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Minimum Additional
investments |
Rs. 1,000 |
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Fund Manager |
Mohsin Parvaiz |
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Initial Price |
PKR 50.00 |
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Currency |
PKR |
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Registrar |
Arif Habib Investments Limited. |
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Trustee |
MCB Financial Services Limited (MCBFSL) |
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Auditors |
KPMG Taseer Hadi & Co |
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| Top Ten Holdings |
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| Top Ten Index Constituents |
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S.No. |
Top Ten Index Constituents |
Relative weights in the Index |
1 |
MCB Bank Limited |
20.91% |
2 |
Oil & Gas Development Company Limited |
16.54% |
3 |
Fauji Fertilizer Company Limited |
11.53% |
4 |
Pakistan Petroleum Limited |
9.05% |
5 |
Pakistan Oil Fields Limited |
6.85% |
6 |
Lucky Cement Limited |
5.37% |
7 |
Engro Corporation Limited |
4.94% |
8 |
HUB Power Company Limited |
4.82% |
9 |
Pakistan State Oil Company Limited |
4.81% |
10 |
Bank AlHabib Limited |
3.45% |
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| Fee Schedule |
Management fee: 1% of Average Daily Net Assets
Front-end load: 2% of Net Asset value
Back-end load: Nil
Disclaimer:
"Dow Jones ®" is a registered trademark of Dow Jones Trademark Holdings, LLC (“Dow
Jones”) and has been licensed to CME Group Index Holdings LLC (“CME”) and “SAFE”
is a service mark of the South Asian Federation of Exchanges. “Dow Jones®” and “SAFE”
have been sublicensed for use for certain purposes by Arif Habib Investments. Arif
Habib Investments’ fund based on the Dow Jones SAFE Pakistan Titans 15 Index is
not sponsored, endorsed, sold or promoted by Dow Jones, CME or SAFE or any of their
respective affiliates, and none of Dow Jones, CME or SAFE makes any representation
regarding the advisability of trading in such fund.”
All investments in mutual funds and securities are subject to market risk. The NAV based price of
these units and any dividends and return thereon are dependent on forces and factors affecting the
capital markets. These may go up or down based on market conditions. Past performance is not
necessarily indicative of future results. Please read the Offering Document to understand the
investment policies and the risk involved.
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