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Askari Islamic Asset Allocation C (SSSLZTZ.IF)

NAV 108.078PKR -0.0680.060%
Also known as: Askari Islamic AA C|Shariah Compliant|As of 09 May 2014

Fund Facts

StatusSuspended
Asset Type Mixed Assets
Geographic FocusPakistan
DomicilePakistan
Lipper GlobalMixed Asset Other Flexible
StructurePK- Open-ended Fund
Inception DateSeptember 2009
CurrencyPKR
NAV FrequencyPricing Daily, Mon-Fri
AdministratorAskari Investment Management Limited
Pak Oman Asset Management Company Limited
SponsorAskari Investment Management Limited
Pak Oman Asset Management
Fund ManagerAskari Investment Management Limited
Pak Oman Asset Management Company Limited
Investment Advisor Pak Oman Asset Management Company Limited

Fund Returns

1 Month.951%
3 Months-2.325%
YTD*-16.380%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Investment Strategy

The Fund seeks to maximize long term total return while incurring less stock market risk than fund made up entirely of stocks. The Fund may invest up to 100 % in any one type of Shariah compliant asset class (money market and/or stock market) and may easily change allocation to take advantage of directional macro and micro economic trends and undervalued stocks. The duration of the fund will be six months. The Management Company has appointed a Shariah Advisor at its own expense Dr.Mohammad Tahir Mansoori that shall advise the Management Company regarding Shariah.

Fund Performance

NAV (SAR)
108.078
Change
-0.068 (0.060%)
Previous Close
108.146
12 Months High
111.640
12 Months Low
107.824

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