AWT Financial Sector Income Fund

Investment Objective

AWT Financial Sector Income Fund (AWTFSIF) aims to provide income enhancement and preservation of Capital by investing primarily in financial sector, TFCs/Sukuk, Bank deposits and instruments issued by Government Securities.

AWT Financial Sector Income Fund will remain invested in Financial Sector 70% of the net assets based on rolling average of last 90 days calculated on daily basis. 

Fund Details
Fund Type	Open End
Category	Income scheme
Asset-Manager Rating	AM3++ by PACRA
Fund Stability Rating	In process
Benchmark	Average of 6M KIBOR rates for the period under review.
Pricing Mechanism	Forward
Proposed Listing	Pakistan Stock Exchange
Management Fee	The maximum limit of management fee is 1.50% per annum of Average Annual Net Assets.
Sales Load	NIL
Risk Profile	Medium
Trustee	Central Depository Company of Pakistan Limited
Auditor	Yousuf Adil (Chartered Accountants)