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)