The Fund aims, by prudent investment management, to preserve and grow investors’ capital in the long-term while providing a regular stream of current income on an annual basis.
UTP is an open-end Balanced Fund which aims to provide income and capital growth by investing in a diversified portfolio of quality Equities and fixed income instruments. The Equities portfolio generates attractive stock-market linked returns over medium/long-term, while the Fixed income portfolio reduces risk of the overall Fund.
If you are looking for attractive returns linked to the stock-market, but also wish to reduce the risk associated with pure Equity Funds, then UTP is an ideal option for them. You can enter or exit the Fund at your convenience – however, an investment horizon of 2-3 years is recommended.
|Term Sheet Unit Trust of Pakistan (UTP)|
|Launch Date||27 October, 1997|
|Fund Type||Open end Balanced Fund|
|Minimum Investment||1 Unit|
|Asset Manager Rating||AM2+ by PACRA|
|Front End Load||3%|
|Management Fee||Up to 2% of Average Annual Net Assets|
|Listing||Pakistan Stock Exchange|
|Trustee||Central Depository Company of Pakistan Limited|
|Auditor||A. F. Ferguson & Co.|
|Benchmark||Rate of return of KSE-30 Index and six (6) month KIBOR, for any period of return, on the basis of actual proportions of the portfolio|