JSPSF objective is to ensure optimum return and reasonable safety of capital.
JSPSF is a fund under Voluntary Pension System (VPS) which provides its investors with regular income after retirement when they can no longer earn regular income. There is a wide range of investment options depending on investors retirement goals, age and risk appetite.
|Term Sheet JS Pension Saving Fund|
|Fund Name||JS Pension Savings Fund|
|Retirement Age||Any age, between 60 to 70 years, of your choice|
|Allocation Scheme||High Volatility, Medium Volatility, Low Volatility, Lower Volatility|
|Early Retirement||Upon permissible disability, same benefits as per normal retirement|
|Free Insurance||Free accidental death and disability insurance of up to PKR 5 million|
|Asset Manager Rating||AM2+ by PACRA|
|Front End Load||3% of Net Asset Value|
|Risk Profile||Varies for every individual as per the selected "Allocation Scheme".|
|Management Fee||Equity sub fund: Upto 1.50% p.a; Debt sub fund: Upto 0.050% p.a; Money Market sub fund: Upto 0.50% p.a - (Exclusive of SST)|
|Trustee||Central Depository Company of Pakistan Limited|
|Auditor||A.F. Ferguson & Co.|