AWT Islamic Stock Fund
AWT Islamic Stock Fund is a Shariah-Compliant equity fund invests mainly in high quality listed equity securities with at least 70% of net assets invested in equity securities. In selecting equity securities, the Fund considers the reputation of the company, Shariah-Compliance, liquidity, profitability, dividend record and prospects of earning growth. The fund is duly monitored by the Shariah-Advisors to make sure our investments are in line with Islamic principles of investments.
Fund Objective
The objective of AWT ISF is to achieve long term capital growth by investing mainly in shariah complaint listed equity securities.
| Fund Details | |
| Fund Type | Open End |
| Category | Islamic Equity Scheme |
| Inception Date | 4th March 2014 |
| Pricing Mechanism | Forward |
| Benchmark | KMI – 30 Index |
| Management Co. Rating | AM3++ PACRA (5th Aug 2022) |
| Management Fee | 2% p.a. |
| Load | 2% (Front-end) 0% (Back-end) |
| Risk Profile | High |
| Listing | Pakistan Stock Exchange |
| Trustee | Central Depository Company of Pakistan Ltd |
| Auditor | Deloitte Yousaf Adil Chartered Account |
| Legal Advisor | Rizwan Faiz Associates |
| Fund Manager | Syed Nauman Ali |
| Shariah Advisors | Mufti Abdul Zahid Farooqi |
| Minimum Investment | PKR. 1000 |
