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

Introduction:

NSPF is an open end Income fund, with no direct or indirect exposure to TFCs and long term debt instruments. It provides safe and consistent returns via investment in short-term Government securities (T-bills), Money market instruments (rated AA- & above) and Banks rated A or above.

The Fund’s objective is to minimize risk, preserve capital and generate a reasonable return along-with a high degree of liquidity from a portfolio primarily constituted of bank deposits and money market instruments.

Quick Stats

Launch date: November 21, 2009
Risk Profile: Very low
Stability rating: ‘AA- (f)’ by PACRA
Management fees: 1.50% p.a
Benchmark: Average 6M deposit rate (A & above rated 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: Central Depository Company
Fund Manager: Muhammad Ali, CFA
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.1,000/-(Growth Units)

• Subsequent Investment Rs.500/-

• 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

• On investment or maintaining a minimum investment Balance/Value of Rs.100,000/- in conventional mutual funds managed by NAFA, individuals (Principal account holders only) will be entitled to free of cost Accidental Death and Permanent Total Disability Insurance Cover equal to the investment value subject to a maximum of Rs.1,000,000/-.

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Introduction

NFSIF is an open end Income fund, with an objective of providing income enhancement and preservation of capital by investing in prime quality Financial Sector TFCs/Sukuks, Bank deposits and short-term money market instruments.

The Fund will remain invested over 70% in Financial Sector debt securities or instruments. This Fund may also invest in AAA rated Government Securities. The minimum entity rating for securities is AA-.

Quick Stats

Launch Date: October 28, 2011
Risk Profile: Low
Stability rating: ‘A+(f)’ by PACRA
Management fees: 1.5% p.a.
Benchmark: 70% 6-month KIBOR and 30% average 3-month deposit rate of A and above rated 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: A.F Ferguson & Co. Chartered Accountants
Trustee: Central Depository Company of Pakistan limited
Fund Manager: Salman Ahmed
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 business days (However, 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

• Tax Credit available to Individual Investors (Salaried & Non-Salaried)

• On investment or maintaining a minimum investment Balance/Value of Rs.100,000/- in conventional mutual funds managed by NAFA, individuals (Principal account holders only) will be entitled to free of cost Accidental Death and Permanent Total Disability Insurance Cover equal to the investment value subject to a maximum of Rs.1,000,000/-.

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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

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Introduction

NIOF is an open end Income fund, with no direct exposure to shares. NIOF portfolio consists of diversified holdings comprising of money market instruments, Government Securities, debt securities (TFCs and Sukuks), MTS and Spread transaction.

The Fund’s objective is to seek maximum possible preservation of capital and a reasonable rate of return via investing primarily in money market and debt securities having good credit rating and liquidity.

Quick Stats

Launch date: April 22, 2006
Risk Profile: Low
Stability rating: ‘BBB+(f)’ by PACRA
Management fees: 1.50% p.a
Benchmark: 6M Kibor
Load: Front end – 0%, 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: Ammar Rizki
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

• On investment or maintaining a minimum investment Balance/Value of Rs.100,000/- in conventional mutual funds managed by NAFA, individuals (Principal account holders only) will be entitled to free of cost Accidental Death and Permanent Total Disability Insurance Cover equal to the investment value subject to a maximum of Rs.1,000,000/-.

^{Disclaimer: The NAFA Income Opportunity 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

NIF is an open end Income fund, with no direct exposure to shares. NIF portfolio consists of diversified holdings comprising of money market instruments, Government Securities, debt securities (TFCs/ Sukuks), MTS and Spread transaction.

The Fund’s objective is to earn a competitive rate of return while preserving capital to the extent possible by investing in liquid assets.

Quick Stats

Launch date: March 29, 2008
Risk Profile: Low
Stability rating: ‘A- (f)’ by PACRA
Management fees: 2.00% p.a
Benchmark: 6M Kibor
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: M. Yousuf Adil Saleem & Co. Chartered Accountants
Trustee: MCB Financial Services Limited
Fund Manager: Muhammad Ali, CFA
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

• On investment or maintaining a minimum investment Balance/Value of Rs.100,000/- in conventional mutual funds managed by NAFA, individuals (Principal account holders only) will be entitled to free of cost Accidental Death and Permanent Total Disability Insurance Cover equal to the investment value subject to a maximum of Rs.1,000,000/-.

^{Disclaimer: The NAFA Income 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

  Click here to invest