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Dawood Family Takaful Shariah Compliant Aggressive Fund Report - July 2019

IM Insights
By IM Insights
4 years ago
Dawood Family Takaful Shariah Compliant Aggressive Fund Report - July 2019Shariah, Shariah compliant


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  1. SHARIAH COMPLIANT AGGRESSIVE FUND July 31 , 2019 FUND OBJECTIVE FUND MANAGER'S COMMENTS The primary objective of the fund is to provide moderate to high level of returns through capital growth over the medium to long term by investing in high quality listed Shariah compliant equity instruments expected to yield high returns. During the month of July 2019 Aggressive Fund's unit price decreased by 8.3393 (-6%) net of investment management fee. 200 190 FUND INFORMATION 180 Description Information 170 Net Assets PKR 576 million NAV PKR 130.679 160 Category Aggressive 150 Risk Profile Moderate to High Date of Inception 29-Apr-2011 Thrawat Fee (Management Fee) 1.5% p.a. Bid Offer Share (Front end Load) 5% Pricing Mechanism Forward Pricing Pricing Frequency Daily (Monday-Friday) Cut Off Timing 3:00 PM 140 130 Jul-2018 Oct-2018 Jan-2019 Apr-2019 ASSET ALLOCATION Assets Jul-19 Bank Balances FUND RETURNS 1.2% Short Term Deposits 17.6% 15.3% Sukuks (Shariah Compliant Investment) 11.9% 11.5% Government Securities Rate of Return Month to Date (Absolute) -19.1% 1 Year -29.6% 3 Year (Absolute) -31.9% 5 Years (Absolute) -16.4% Since Inception (Absolute) Since Inception (Annualized) Other -6.0% Calendar Year to Date (Absolute) Jun-19 3.5% Shariah Compliant Shares Period Jul-2019 Other 6% Bank Balances 3% 2.8% 2.7% 58.3% 64.8% 5.9% 4.5% Short Term Deposits 18% 30.7% Sukuks (Shariah Compliant Investment) 12% 3.3% All returns above are net of Investment management Charge Shariah Compliant Shares 58% Government Securities 3% DISCLAIMER Investment risk is borne by the participant and actual maturity or surrender values may be higher or lower than the projected figures depending on the performance of the underlying investments in the Participant Investment Fund. Past performance of the fund is indicative and is not necessarily a guide or guarantee to future performance.