Open End Funds | JS Large Cap. Fund (JS LCF)

JS LCF, after conversion into an Open-end Scheme that aims to benefit from an attractive Capital Market in an economy with growth potential, to maximize the total investment return consisting of a combination of capital appreciation income. Consistent with its Investment Objective, the Fund shall invest primarily in equity securities of listed Large-Cap companies with market capitalization of over Rupees one billion. The remaining Funds shall be invested in Authorized Investments including cash and/or near cash instruments which include cash in bank accounts, and Government securities not exceeding ninety (90) days maturity.

Term Sheet Fund Manager Report

Term	Sheet
Fund Name	JS Large Cap. Fund
Fund Type	Open End - Equity Scheme (Converted from a Closed-end Scheme)
Fund Rating	N/A
Investment Manager	JS Investments Limited
Launch Date	May 14, 2004
Date of Conversion (into an Open-end Scheme)	September 27, 2010 (Effective Date)
Financial Year End	June 30
Benchmark	KSE - 30 Index
Par Value	Rs 100*
Minimum Period	Not Applicable
Minimum Investment	1 Unit
Front End Load	3.0 % of NAV (applicable to Class A)
Back End Load	16 % of NAV (applicable to Class B)
Management Fee	2.00% 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	High
Regulator	Securities & Exchange Commission of Pakistan (SECP)
Taxation	Exempt on distribution of 90% of profits as dividends
Listing	LSE
Net Assets as on 30 April 2013	PKR 1533.0 mn
NAV as of 17 May 2013	86.89

*Existing Certificate Holders of the Closed-end Scheme shall be issued additional units of the open-end scheme in a ratio of 10:1.
**Redemption of initial units shall be subject to Back-end Load as per details in the Offering Document.