Close End Funds |
JS Value Fund Limited (JS VFL)
The fund maintains a mix of equities and debt instruments. Earnings comprise
of capital appreciation, dividend income, and interest income. The
portfolio seeks capital growth through investments in marketable securities
with better-than-average appreciation potential and liberal dividend policies.
To benefit from rising interest rates, high levels of bank deposits and
CFS funding are maintained.
Term Sheet
Fund Manager Report
| Term | Sheet |
| Fund Name |
JS Value Fund Limited |
| Fund Type |
Close End - Equity |
| Fund Rating (PACRA)* |
5 Star (Normal)
|
| Investment Manager |
JS Investments Limited |
| Launch Date |
January 14, 1996 |
| Financial Year End |
June 30 |
| Par Value |
Rs 10 |
| Minimum Period |
Not Applicable
|
| Minimum Investment |
500 Shares |
| Front End Load |
Not Applicable
|
| Back End Load |
Not Applicable
|
| Management Fee |
2.00% of Average Annual Net Assets |
| Pricing |
Daily via newspapers or website |
| Trustee/Custodian |
MCB Financial Services Limited (Formerly Muslim Commercial Financial Services Limited) |
| 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 |
KSE |
| Net Assets as on 31 July 2010 |
PKR 1075.33 mn |
| NAV as of 08 September 2010
|
8.57 |
* Based on Performance Review for the period ended June 30, 2007
