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JS Microfinance Sector Fund (JSMFSF)

Investment Objective

The investment objective of JS Microfinance Sector Fund is to provide investors a reasonable rate of return while maintaining high liquidity by investing primarily in the Microfinance sector based on the authorized investments.

What is JSMFSF?

JSMFSF is an open-end Income Fund which aims to contribute to building a sustainable, robust, and inclusive financial sector in Pakistan. The fund has no lock in period and provides investors with competitive returns, high liquidity and diversified portfolio at a medium risk. The fund aims to provide income enhancement by investing in prime quality Microfinance sector products, Microfinance bank deposits and short-term Money Market instruments.

Why should you invest in JSMSF?

If you are looking to invest in a sector specific investment option over the medium term, without a minimum holding period, then JSMFSF is the perfect solution for you.

Term Sheet JS Microfinance Sector Fund (JSMFSF)
Launch Date 11 May, 2022
Fund Type Open end Income Fund
Currency PKR
Minimum Investment PKR 500
Asset Manager Rating AM2+ by PACRA
Fund Stability Rating A(f) by PACRA
Pricing Mechanism Forward
Front End Load Upto 1% of NAV (subject to applicable duties/taxes)
Management Fee Upto 1% of Average Annual Net Assets
Risk Profile Medium
Listing Pakistan Stock Exchange (PSX)
Trustee Digital Custodian Company Limited (DCCL)
Auditor Grant Thornton, Anjum Rahman
Benchmark Six (6) months KIBOR Rate

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