The Fund aims to grow investor’s capital in the long term while diversifying the asset manager risk bundled together with the benefits of a dynamic asset allocation strategy. The Fund operates a diverse portfolio of equity, balanced, fixed income and money market funds (both open and closed ended) with the option to adjust the asset mix as equity market rise or fall and economy strengthens or weakens.
JSFOF is an open-end Fund that invests in other Mutual Funds. It invests in quality funds across asset classes, offered by various Asset Management Companies. JSFOF offers diversification across asset-classes, and reduces risk associated with any once fund / asset-class.
If you are looking to build your wealth over medium/ long-term by investing in Mutual Funds, and want Professional Fund Managers to choose the Mutual Funds for you, then JSFoF is an ideal option for you.
| Term Sheet JS Fund of Funds (JSFOF) | |
|---|---|
| Launch Date | 31 October, 2005 |
| Fund Type | Open end Fund of Funds |
| Currency | PKR |
| Minimum Investment | 1 Unit |
| Asset Manager Rating | AM2+ by PACRA |
| Pricing Mechanism | Forward |
| Front End Load | 3% |
| Management Fee | Up to 1% of Average Annual Net Assets |
| Risk Profile | High |
| Listing | Pakistan Stock Exchange |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | A. F. Ferguson & Co. |
| Benchmark | Weighted Average of Three (3) months PKRV rates , Six (6) months KIBOR rates and KSE -100 Index, on the basis of actual investment in money market income and equity schemes. |
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