of  

or
Sign in to continue reading...

Dawood Family Takaful Shariah Compliant Balanced Fund Report - July 2019

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

Shariah, Shariah compliant


Create FREE account or Login to add your comment
Comments (0)


Transcription

  1. SHARIAH COMPLIANT BALANCED FUND July 31 , 2019 FUND OBJECTIVE FUND MANAGER'S COMMENTS The objective of the fund is to provide balance mix of income returns and capital growth over medium to long term. The fund invests in high quality Shariah Compliant instruments - with consistent returns; high growth equities; and securities. During the month of July 2019 Balanced Fund's unit price decreased by 3.3385 (-1.78%) net of investment management fee. 220 210 FUND INFORMATION 200 Description Information 190 Net Assets PKR 1624 million NAV PKR 183.8583 180 Category Balanced 170 Risk Profile Moderate Date of Inception 01-Dec-2008 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 160 150 Jul-2018 Oct-2018 Jan-2019 Apr-2019 ASSET ALLOCATION Assets Jul-19 Bank Balances FUND RETURNS Period Rate of Return Month to Date (Absolute) -1.8% Calendar Year to Date (Absolute) -5.1% 1 Year -8.9% 3 Year (Absolute) -6.2% 5 Years (Absolute) 7.3% Since Inception (Absolute) Since Inception (Annualized) All returns above are net of Investment management Charge 83.9% 5.9% Jul-2019 Jun-19 5.2% 4.2% Short Term Deposits 31.3% 26.1% Sukuks (Shariah Compliant Investment) 32.3% 33.8% Islamic Commercial Paper 0.0% 1.7% Government Securities 6.8% 6.8% 20.5% 22.9% 3.9% 4.4% Shariah Compliant Shares Other Shariah Compliant Shares 21% Other 4% Bank Balances 5% Short Term Deposits 31% Government Securities 7% Islamic Commercial Paper 0% Sukuks (Shariah Compliant Investment) 32% 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.