Notice for Annual General Meeting 2010.  Click here for more details.                     Open Positions at JSIL.  Click here for more details.                     The Cut-off time in the month of Ramadan will be: 9:00 am - 12:30 pm                     Notice for conversion of JS LCF into an open-end scheme.  Click here for more details.                    
Open End Funds | JS Islamic Fund (Formerly UTP Islamic Fund) (JS ISF)

JS ISF aims to grow investor’s capital in the long term in adherence with principles of Shariah compliance as advised by the Shariah Advisory Board (SAB) of this fund while ensuring liquidity. The fund investments are limited to asset classes approved by the Shariah Advisory Board and all companies under investment consideration are regularly screened for Shariah compliance.

                                  Term Sheet        Fund Manager Report


TermSheet
Fund Name JS Islamic Fund (Formerly UTP Islamic Fund)
Fund Type Open End - Islamic
Fund Rating (PACRA)* 4 Star (Normal)
Investment Manager JS Investments Limited
Launch Date December 27, 2002
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 2.0% of Average Annual Net Assets
Pricing Daily via newspapers or website
Trustee/Custodian Central Depository Company of Pakistan Ltd. (CDC)
Auditors M. Yousuf Adil Saleem & Co. Chartered Accountants
Risk Profile High
Regulator Securities & 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 357.74 mn
NAV as of 08 September 2010 60.2

* Based on Performance Review for the period ended June 30, 2007