Products & Services

JS Islamic Hybrid Fund of Funds - 2 

Term Sheet

Term Sheet  
Fund Name

JS Islamic Hybrid Fund of Funds - 2

Fund Type

Open End Fund Of Funds

Investment Objective JS Islamic Hybrid Fund of Funds aims to generate need based returns for its clients by offering several Allocation Plans with varying mix of exposures to low / high risk asset classes via underlying mutual funds. Investment Objectives of the Allocation Plans initially offered under JSIHFOF are as follows: 



JS Islamic Active Allocation Plan – 2” aims to generate superior returns by dynamically managing the plan’s exposure in “Income Portion” and “Equity Portion” based on the investment view on the different asset classes.

JS Islamic Hybrid Fund of Funds aims to generate need based returns for its clients by offering several Allocation Plans with varying mix of exposures to low / high risk asset classes via underlying mutual funds. Investment Objectives of the Allocation Plans initially offered under JSIHFOF are as follows: 
JS Islamic Active Allocation Plan – 2" aims to generate superior returns by dynamically managing the plan's exposure in "Income Portion" and "Equity Portion" based on the investment view on the different asset classes.
"Income portion" - The universe shall consist of all Shariah Compliant Sovereign, Income and Money Market schemes approved for offering in Pakistan by SECP. "Equity portion" - The universe shall consist of all Shariah Compliant Equity schemes approved for offering in Pakistan by SECP.
Allocation PlanExposure Limits (as % of Net Assets)
JS Islamic Active Allocation Plan - 2* Income Portion Equity Portion
0% - 100% 0% - 100%
* 0% - 5% may be maintained in Cash and/or Near Cash Instruments
Fund Rating*


Investment Manager JS Investments Limited
Launch Date 11th Dec, 2017
Financial Year End
Benchmark Weighted average daily return of KMI 30 index, six (6)/ three (3) month average deposit rates of three (3) 'A' rated scheduled Islamic Banks or Islamic Banking windows of scheduled Commercial Banks, as selected by MUFAP based on actual proportion of the Equity Portion consisting of Shariah Compliant Equity Funds,Income Portion consisting of Shariah Compliant Income and Money Market Funds,and any Cash or Near cash instruments in each of the Allocation Plans"
Par Value PKR 100
Minimum Period
Minimum Investment 1 - 10 Units (as per allocation plan)
Front End Load 3%
Contingent Load %

Management Fee

Pricing

Nil (Up to 1% M.Fee p.a. applicable on investments made in CIS not managed by JSIL)

Trustee/Custodian Central Depository Company of Pakistan Limited (CDC)
Auditors KPMG Taseer Hadi & Co.
Risk Profile Low-Moderate-High (as per allocation plan)
Regulator Securities & Exchange Commission of Pakistan (SECP)
Taxation
Listing Pakistan Stock Exchange
Net Assets as on PKR mn
NAV as on

Fund Manager Report

Back to Top



COMPANY'S OWN COMPLAINT HANDLING INFORMATION

DISCLAIMER: "In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the "SECP"). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the Company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP's regulatory domain/competence shall not be entertained."