NBP Fullerton Asset Management Limited | A Subsidiary of National Bank of Pakistan - Your Investments and NAFA grow together.

Introduction

NIMF is a Shariah Compliant open end Balanced fund. It seeks to provide long-term capital appreciation with a moderate risk profile and a medium to long-term investment horizon. NIMF’s investment philosophy is to provide stable returns by investing in a Shariah Compliant portfolio balanced between equities and fixed income instruments.

The Fund’s objective is to provide investors with a combination of capital growth and income by investing in Shariah Compliant investments. It aims to achieve attractive returns at moderate level of risk by investing in a variety of Shariah Compliant securities, instruments and avenues such as Equities, Musharakah, Murabahah, Ijarah, etc.

Quick Stats

Launch date: October 29, 2007
Risk Profile: Moderate
Management fees: 2.00% p.a
Benchmark: 50% KMI – 30 Index & 50% average 3M profit rate of Islamic Banks
Load: Front end – 3% (Nil on investment above Rs. 5 million), Back end – 0%
Minimum investment: Growth units-Rs.10,000/-, Income units-Rs.100,000/-
Listing: Lahore Stock Exchange
Auditors: KPMG Taseer Hadi & Co. Chartered Accountants
Trustee: Central Depository Company
Fund Manager: Sajjad Anwar, CFA
Shariah Advisor: Bilal Ahmed Qazi
Asset Manager rating: ‘AM2‘ (Very High Investment Management Standards)
Taxation:

• Capital Gains Tax is applicable from July 01, 2010, on encashment of amount invested in the Funds at the following rates:

• If encashed within 6 months: 10%

• If encashed within 7-12 months: 8%

• If encashed after 1 Year: 0%

• Tax benefit available under Income Tax Ordinance 2001. On investment of Rs. 1,000,000/-, Tax Credit up to Rs. 194,500 if the taxable income is Rs. 5 million for non-salaried Individuals, and up to Rs. 184,000 if the taxable income is Rs. 5 million for salaried Individuals in a tax year. For more information please click here

^{* To avail above tax benefit the investment should be retained for a period of twenty four months.}

Benefits at a Glance

• Minimum Investment Rs.10,000/-(Growth Units)

• Subsequent Investment Rs.1,000/-

• No Back End load

• No minimum holding period. Redeem at will.

• Pricing Mechanism forward

• Encashment within 2-3 business days (Otherwise the constitutive documents allow for six working days to pay redemption proceeds)

• Tax Exempt as per current Tax Laws (Exempted from Capital Gains Tax (CGT), if investments held for a year or more; for shorter term investments relevant Capital Gains Tax (CGT) applies.)

• Zakat exemption on submission of relevant affidavit

^{Disclaimer:The NAFA Islamic Multi Asset Fund holds certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and financial statements of the Fund particularly the details of non-complaint investments and Risk Factors.}

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Introduction

NIAIF is an open end Shariah compliant Aggressive Income fund, with no direct exposure to shares. NIAIF portfolio consists of diversified holdings comprising of Shariah compliant money market instruments, Shariah compliant Government Securities (GOP Ijara Sukuk), debt securities (Sukuks), and Spread transactions.

The Fund’s objective is to seek preservation of capital and earn a reasonable rate of return in a Shariah Compliant manner. The objective will be achieved by investing in Shariah Compliant income investments.

Quick Stats

Launch date: October 29, 2007
Risk Profile: Moderate
Stability rating: ‘BBB+(f)’ by PACRA
Management fees: 2.00% p.a
Benchmark: Average 3M deposit rate of Islamic banks
Load: Front end – 1% (Nil on investment above Rs. 5 million), Back end – 0%
Minimum investment: Growth units-Rs.10,000/-, Income units-Rs.100,000/-
Listing: Lahore Stock Exchange
Auditors: KPMG Taseer Hadi & Co. Chartered Accountants
Trustee: MCB Financial Services Limited
Fund Manager: Ammar Rizki
Shariah Advisor: Bilal Ahmed Qazi
Asset Manager rating: ‘AM2‘ (Very High Investment Management Standards)
Taxation:

• Capital Gains Tax is applicable from July 01, 2010, on encashment of amount invested in the Funds at the following rates:

• If encashed within 6 months: 10%

• If encashed within 7-12 months: 8%

• If encashed after 1 Year: 0%

• Tax benefit available under Income Tax Ordinance 2001. On investment of Rs. 1,000,000/-, Tax Credit up to Rs. 194,500 if the taxable income is Rs. 5 million for non-salaried Individuals, and up to Rs. 184,000 if the taxable income is Rs. 5 million for salaried Individuals in a tax year. For more information please click here

^{* To avail above tax benefit the investment should be retained for a period of twenty four months.}

Benefits at a Glance

• Minimum Investment Rs.10,000/-(Growth Units)

• Subsequent Investment Rs.1,000/-

• No back end load

• No minimum holding period. Redeem at will.

• Pricing Mechanism forward

• Encashment within 2-3 business days (Otherwise the constitutive documents allow for six working days to pay redemption proceeds)

• Tax Exempt as per current Tax Laws (Exempted from Capital Gains Tax (CGT), if investments held for a year or more; for shorter term investments relevant Capital Gains Tax (CGT) applies.)

• Zakat exemption on submission of relevant affidavit

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Introduction

NRFSF is an open end Shariah compliant income fund, with no direct or indirect exposure to Corporate Sukuks. It provides safe, consistent and halal returns via investment in Government securities (GOP Ijarah sukuks), Shariah compliant money market instruments (rated AA- & above) and Islamic Banks/ Islamic windows of conventional Banks rated A- or above.

The Fund’s objective is to provide preservation of capital and earn a reasonable rate of return along with a high degree of liquidity by investing in short term Shariah Compliant banks and money market / debt securities.

Quick Stats

Launch date: August 21, 2010
Risk Profile: Low
Stability rating: ‘AA- (f)’ by PACRA
Management fees: 1.25% p.a
Benchmark: Average 6M deposit rate of A- & above Islamic banks
Load: Front end: 0.5% (Nil on investment above Rs. 5 million), Back end: 0%
Minimum investment: Growth units-Rs.10,000/-, Income units-Rs.100,000/-
Listing: Lahore Stock Exchange
Auditors: A.F Ferguson & Co. Chartered Accountants
Trustee: MCB Financial Services Ltd.
Fund Manager: Salman Ahmed
Shariah Advisor: Bilal Ahmed Qazi
Asset Manager rating: ‘AM2‘ (Very High Investment Management Standards)
Taxation:

• Capital Gains Tax is applicable from July 01, 2010, on encashment of amount invested in the Funds at the following rates:

• If encashed within 6 months: 10%

• If encashed within 7-12 months: 8%

• If encashed after 1 Year: 0%

• Tax benefit available under Income Tax Ordinance 2001. On investment of Rs. 1,000,000/-, Tax Credit up to Rs. 194,500 if the taxable income is Rs. 5 million for non-salaried Individuals, and up to Rs. 184,000 if the taxable income is Rs. 5 million for salaried Individuals in a tax year. For more information please click here

^{* To avail above tax benefit the investment should be retained for a period of twenty four months.}

Benefits at a Glance

• Minimum Investment Rs.10,000/-(Growth Units)

• Subsequent Investment Rs.1,000/-

• No minimum holding period. Redeem at will.

• Pricing Mechanism forward

• Encashment within 2-3 business days (Otherwise the constitutive documents allow for six working days to pay redemption proceeds)

• Tax Exempt as per current Tax Laws (Exempted from Capital Gains Tax (CGT), if investments held for a year or more; for shorter term investments relevant Capital Gains Tax (CGT) applies.)

• Zakat exemption on submission of relevant affidavit

  Click here to invest