Open End Funds |
JS Fund of Funds (JS FoF)
JS FoF is a fund of funds that aims to
grow investor’s capital in the long term while diversifying the
asset manager risk bundled together with the benefits of an
asset allocation fund. The fund operates a diverse portfolio of
equity, balanced, fixed income and money market funds (both
open and closed ended) with the option to adjust the asset mix
as equity markets rise or fall and the economy strengthens or
weakens.
Term Sheet
Fund Manager Report
| Term | Sheet |
| Fund Name |
JS Fund of Funds |
| Fund Type |
Open End - Fund Of Funds |
| Fund Rating (PACRA)* |
4 Star (Normal)
|
| Investment Manager |
JS Investments Limited |
| Launch Date |
October 31, 2005 |
| 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 |
1.0% of Average Annual Net Assets |
| Pricing |
Daily via newspapers or website |
| Trustee/Custodian |
Central Depository Company of Pakistan Ltd. (CDC) |
| Auditors |
KPMG Taseer Hadi & Co. |
| Risk Profile |
Medium |
| 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 866.0 mn |
| NAV as of 07 September 2010
|
79.36 |
* Based on Performance Review for the period ended June 30, 2007