Open End Funds |
JS KSE 30 Index Fund (Formerly UTP A30+ Fund) (JS KSE 30)
The main focus of the JS KSE 30 Fund is to approximate the performance of KSE-30 Index, as adjusted for transaction and other costs, by investing in most or all of the common stocks that comprise the KSE-30 Index in proportions in which they are represented in the Index.
Term Sheet
Fund Manager Report
| Term | Sheet |
| Fund Name |
JS KSE 30 Index Fund (Formerly UTP A30+ Fund) |
| Fund Type |
Open End - Index Tracker |
| Fund Rating (PACRA)* |
4 Star (Normal)
|
| Investment Manager |
JS Investments Limited |
| Launch Date |
May 29, 2006 |
| Financial Year End |
June 30 |
| Par Value |
Rs 100 |
| Minimum Period |
Not Applicable
|
| Minimum Investment |
1 Unit |
| Front End Load |
2.0 %
|
| Back End Load |
None
|
| Management Fee |
1.50% of Average Annual Net Assets |
| Pricing |
Daily via newspapers or website |
| Trustee/Custodian |
MCB Financial Services Limited (Formerly Muslim Commercial Financial Services Limited) |
| Auditors |
Ernst & Young Ford Rhodes Sidat Hyder, 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 74.73 mn |
| NAV as of 08 September 2010
|
24.69 |
* Based on Performance Review for the period ended June 30, 2007