Open End Funds |
Unit Trust Of Pakistan (UTP)
UTP is a balanced fund that aims to preserve and grow investor’s capital in the long term while providing a regular stream of current income on an annual basis. The fund operates a diverse portfolio of equity and fixed income investments whereby the equity component is meant to provide the growth in capital while dividends on the equity component along with the fixed income investments help generate the current income.
Term Sheet
Fund Manager Report
| Term | Sheet |
| Fund Name |
Unit Trust Of Pakistan |
| Fund Type |
Open End - Balanced |
| Fund Rating (PACRA)* |
5 Star (Normal & Long Term)
|
| Investment Manager |
JS Investments Limited |
| Launch Date |
October 27, 1997 |
| Financial Year End |
June 30 |
| Par Value |
Rs 100 |
| Minimum Period |
Not Applicable
|
| Minimum Investment |
1 Unit |
| Front End Load |
3.0 %
|
| Back End Load |
None
|
| Management Fee |
2% of Average Annual Net Assets |
| Pricing |
Daily via newspapers or website |
| Trustee/Custodian |
Central Depository Company of Pakistan Ltd. (CDC) |
| Auditors |
Ernst & Young Ford Rhodes Sidat Hyder, Chartered Accountants |
| Risk Profile |
Medium |
| Regulator |
Securities and Exchange Commission of Pakistan (SECP) |
| Taxation |
Exempt on distribution of 90% of profits as dividends |
| Listing |
LSE |
| Net Assets as on 31 July 2010 |
PKR 2425.03 mn |
| NAV as of 08 September 2010
|
92.13 |
* Based on Performance Review for the period ended June 30, 2007