JSIF aims at achieving a high rate of current income consistent with reasonable concern for safety of principal and to provide the investors with liquidity and the facility to join or leave the Fund at their convenience.
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|
|Minimum Investment||1 Unit|
|Asset Manager Rating||AM2+ by PACRA|
|Fund Stability Rating||A+(f) by PACRA|
|Front End Load||2%|
|Management Fee||Up to 1% of Average Annual Net Assets|
|Listing||Pakistan Stock Exchange|
|Trustee||Digital Custodian Company Limited|
|Auditor||A. F. Ferguson & Co.|
|Benchmark||Average Return of six (6) month KIBOR for any period of return|