Close End Funds |
JS Growth Fund (JS GF)
The main objective of JS GF is to enable the Certificate Holders to participate
in a diversified portfolio of high quality equity securities listed on the
stock exchanges and to maximize the investment return, by prudent investment
management. UTP-GF seeks to achieve long term growth in the
value of the investment that is aimed to out perform the underlying inflation
rate in Pakistan as well as most of the other types of investments available.
Term Sheet
Fund Manager Report
| Term | Sheet |
| Fund Name |
JS Growth Fund |
| Fund Type |
Close End - Equity |
| Fund Rating (PACRA)* |
3 Star (Normal)
|
| Investment Manager |
JS Investments Limited |
| Launch Date |
June 06, 2006 |
| 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 |
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 |
KSE,LSE and ISE |
| Net Assets as on 31 July 2010 |
PKR 3094.22 mn |
| NAV as of 08 September 2010
|
9.22 |
* Based on Performance Review for the period ended June 30, 2007
