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 |
| 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 Takaful coverage for Natural/Accidental Death and Disability of up to PKR 5 million |
| Asset Manager Rating | AM1 by PACRA |
| Front End Load | 3% of Net Asset Value |
| Risk Profile | Varies for every individual as per the selected "Allocation Scheme". |
| Management Fee | 1.5% p.a. on average Net Assets of each Sub-Fund |
| Trustee | Central Depository Company of Pakistan Limited |
| Auditor | A.F. Ferguson & Co. |