The objective of PIML-Value Equity Fund is to achieve long term capital growth by investing mainly in listed equity securities.
PIML Value equity fund optimizes investment returns with at least 70% of investment in listed equity securities during the year based on quarterly average investments calculated on daily basis. The remaining assets are invested in T-Bills and cash near cash instruments having maturity not more than 90 days.
|Fund Type||Open End|
|Fund Performance Ranking||3 Star by JCR-VIS (29th Sept 2016)|
|Benchmark||KSE 100 Index|
|Management Co. Rating||AM3+ by JCR-VIS (04 May 2016)|
|Inception Date||13th March 2015|
(days when Banks are open for business)
|Cut-off Time||4.00 pm|
|Management Fee Load||2% p.a.|
|Load||2% (Front-end) 0% (Back-end)|
|Risk Profile||Moderate to High|
|Listing||Pakistan Stock Exchange|
|Trustee||Central Depository Company
of Pakistan Ltd.
|Auditor||KPMG Taseer Hadi & Co.|
|Legal Advisor||Mohsin Tayebaly & Co.|
|Minimum Investment||PKR. 1,000|
|Fund Manager||Sadaf Rasheed|