Open End Funds | JS Cash Fund (JS CF)

JS CF is an open-end Money Market Scheme that mainly invests in low risk short-term fixed income instruments including money market instruments to provide a regular and reasonable return to investors while ensuring high liquidity. The fund shall invest primarily in short duration instruments within Pakistan and may even hold some or all of its assets in cash or for defensive purposes of maintaining liquidity.

Term Sheet Fund Manager Report

Term	Sheet
Fund Name	JS Cash Fund
Fund Type	Open End - Money Market Scheme
Fund Rating	AA+(f)
Investment Manager	JS Investments Limited
Launch Date	March 29, 2010
Financial Year End	June 30
Benchmark	50/50 - Avg. 3 month deposit rates of AA & above rated banks and Avg. 3 month T-Bill rate
Par Value	Rs 100
Minimum Period	Not Applicable
Minimum Investment	1 Unit
Front End Load	1.0 %
Back End Load	Not Applicable
Management Fee	1.00% of Average Annual Net Assets
Pricing	Daily via newspapers or website
Trustee/Custodian	MCB Financial Services Limited
Auditors	Ernst & Young Ford Rhodes Sidat Hyder Chartered Accountants
Risk Profile	Extremely Low
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 2032.0 mn
NAV as of 21 May 2013	102.93