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AWT Income Fund

AWT Income Fund

Overview

AWT Income Fund focus on providing investors with a steady stream of fixed income. The fund invest in short term and long term debt instruments like Term Finance Certificates (TFCs) which are issued by corporations and government securities such as Treasury Bills and Pakistan Investment Bonds (PIBs). AWT Income fund also maintains on monthly average at least 25% of its net assets in cash and/or near cash instruments to meet liquidity requirements.

Fund Objective

The objective of AWT Income Fund, an open-end Income Fund, is to generate competitive returns by investing in short to long term debt instruments and securities.  

 

Fund Details
Fund Type Open End
Category Income scheme
Inception Date 9th August 2012
Pricing Mechanism Forward
Benchmark Average of 6M KIBOR rates for the period under review.
Management Co. Rating AM3++ by PACRA (5th Aug 2021)
Fund Stability Rating A+(f) by PACRA (16th April 2020)
Management Fee 1%
Load 1% (Front-end) 0% (Back-end)
Risk Profile Medium
Listing Pakistan Stock Exchange
Trustee Central Depository Company of Pakistan Ltd
Auditor KPMG Taseer Hadi & Co.
Legal Advisor Rizwan Faiz Associates
Fund Manager Imran Rahim Khan
Minimum Investment PKR. 1000
English English Urdu Urdu