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ABL Islamic Stock Fund (BSSFGGC.IF)

NAV 10.774PKR 0.011-0.100%
Also known as: ABL Islamic Stock Fund|Shariah Compliant|As of 22 Jul 2014

Fund Facts

StatusActive
Asset Type Equity
Geographic FocusPakistan
DomicilePakistan
Lipper GlobalEquity Pakistan
StructurePK- Open-ended Fund
Inception DateJune 2013
CurrencyPKR
Fund Size1,498,288,000 PKR
NAV FrequencyPricing Daily, Mon-Fri
AdministratorABL Asset Management Company
SponsorABL Asset Management Company
Fund ManagerABL Asset Management Company
Investment Advisor ABL Asset Management Company Limited

Fund Returns

1 Month-9.148%
3 Months-19.017%
YTD*-20.615%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta1.016
Alpha0.015
Sharpe Ratio-0.724
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

To provide capital appreciation to investors through higher, long term risk adjusted returns by investing in a diversified sharia compliant portfolio of equity instruments offering capital gains and dividends. The Authorized Investments shall be as follows:-Current&saving deposits 0-30% -Shares/Stocks of listed companies permitted by the Shariah Advisor 70-100% -Shariah Compliant Short term Govt Securities not exceeding 90 days 0-100%-Shariah Compliant equity security not listed on the Stock Exchange 0-15% -Shariah Compliant equity investments outside Pakistan 0%-30% -other securities/instruments 0-30%

Fund Performance

NAV (SAR)
10.774
Change
0.011 (-0.100%)
Previous Close
10.763
12 Months High
12.121
12 Months Low
10.190

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