MCB DYNAMIC CASH FUND

MCB DYNAMIC CASH FUND (MCB DCF)

Investment Objective

To provide an attractive return to short term investors or investors with a very low appetite for risk while taking into account capital security and liquidity considerations.

Fund Profile

MCB-DCF through active management will aim to provide optimum returns for its unit holders by investing primarily in Money Market and shirt term instruments. The fund may also invest a small portion of the fund in medium to long term assets in order to provide higher returns to the unit holders.

Benchmark

1 Month KIBOR.

MCB-DCF - Overall Asset Allocation

Overall Asset Allocation

Fee Schedule

Management fee: 1.50% per annum of average NAV Front-end load: 1.5% (at the time of investment) Overall annual expense ratio for the composite is as follows:

Financial Year	Expense Ratio

2010-11	1.5%

Expense ratio has been calculated taking into account operating expenses as a percentage of average net assets of the composite1

Quick Stats


	Date of Inception	1^st March 2007
	Fund Type	Open-end Income Scheme
	Minimum investment	Growth Units Rs.5,000 Cash Dividend Units Rs.5,000 Income Units Rs. 100,000
	Fund Manager	Kashif Rafi
	Rating by PACRA	A+ (f)
	Currency	PKR
	Trustee	Central Depository Company of Pakistan Ltd. (CDC)
	Auditors	M. Yousuf Adil Saleem & Co.

Portfolio Characteristics

Portfolio Characteristics

Fund Returns

Fund Returns

Top Ten Holdings

Dividend History

Financial Year	% of Face Value	Payout /unit (Rs.)	Form


2011-12 (Sep)	3.77	3.77	Bonus
2010-11 (Jun)	3.02	3.02	Bonus
2010-11 (Apr)	3.41	3.41	Bonus
2010-11 (Jan)	3.00	3.00	Bonus
2010-11 (Oct)	2.71	2.71	Bonus
2009-10 (Jun)	2.42	2.42	Bonus
2009-10 (Apr)	2.80	2.80	Bonus
2009-10 (Jan)	2.50	2.50	Bonus
2009-10 (Oct)	2.00	2.00	Bonus
2008-09 (Jun)	3.17	3.17	Bonus
2008-09 (May)	3.00	3.00	Bonus
2008-09 (Oct)	3.00	3.00	Bonus
2007-08 (Jun)	6.46	6.46	Bonus
2007-08 (Apr)	3.30	3.30	Bonus
2006-07 (Jun)	3.83	3.83	Bonus

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.