JSIPSF objective is to ensure optimum return and reasonable safety of capital by investing in Shariah Compliant securities.
JSIPSF 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 Islamic Pension | |
|---|---|
| Fund Name | JS Islamic Pension Saving Fund |
| Currency | PKR |
| 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) |
| Shariah Advisor | Al- Hilal Shariah Advisors |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | A.F Ferguson & Co |
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