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AWT Financial Sector Income Fund

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-Sep-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)