JS AIF aims at generating current income on investments while
maintaining the prospects of capital appreciation by investing in
a diversified portfolio of money market and fixed income
instruments. The fund may aggressively adjust asset weightings
to take advantage of directional macro and micro economic
trends and may hold some or even all of its assets in cash to
either provide liquidity or for defensive purposes.
| Term | Sheet |
| Fund Name |
JS Aggressive Income Fund |
| Fund Type |
Open End - Aggressive Income |
| Fund Rating (PACRA) |
|
| Investment Manager |
JS Investments Limited |
| Launch Date |
January 22, 2008 |
| Financial Year End |
June 30 |
| Par Value |
Rs 100 |
| Minimum Period |
Not Applicable
|
| Minimum Investment |
1 Unit |
| Front End Load |
1.0 %
|
| Back End Load |
None
|
| Management Fee |
1.50% 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 |
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 78.67 mn |
| NAV as of 08 September 2010
|
98.56 |