JS Income Fund is an open-end Income Fund which provides fixed-income based returns. The Fund offers enhanced returns exceeding Bank deposit rates over the medium-term, along with the flexibility to put in or take out your money at your convenience. JSIF is an ideal solution for short/medium-term savings.
JSIF is an open-end Income Fund which provides fixed-income based returns, and potential for capital growth. The Fund offers enhanced returns exceeding Bank deposit rates over the medium-term, along with the flexibility to put in or take out your money at your convenience. JSIF is an ideal solution for short/medium-term savings.
If you are looking for returns exceeding Bank deposit rates over the medium term, without a minimum holding period, then JSIF is an ideal option for you.
| Term Sheet JS Income Fund (JSIF) | |
|---|---|
| Launch Date | 26 August, 2002 |
| Fund Type | Open end Income Fund |
| Currency | PKR |
| Minimum Investment | 1 Unit |
| Asset Manager Rating | AM1 by PACRA |
| Fund Stability Rating | A+(f) by PACRA |
| Pricing Mechanism | Forward |
| Front End Load | 2% |
| Management Fee | 1.50% |
| Risk Profile | Medium |
| Listing | Pakistan Stock Exchange |
| Trustee | Digital Custodian Company Limited |
| Auditor | A. F. Ferguson & Co. |
| Benchmark | 75% six (6) months KIBOR + 25% six (6) months average of the highest rates on savings account of three (3) “AA” rated scheduled Banks as selected by MUFAP. |