
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 | A+(f) by PACRA (20-Mar-23) |
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) |