s Report October 2015 Proud to be the FIRST & ONLY AMC in Pakistan to win at the prestigious P@SHA ICT Awards 2015. Award: Best in Service Innovation 2015 to UBL Funds Award: Chief Information Officer of the Year to M. Rehan Qadri, CTO, UBL Funds 2 P@SHA ICT AWARDS, WITH WE KEEP SETTING BENCHMARKS HIGHER! Rated AM2+ by JCR-VIS. Currently the Highest Management Quality Rating in Pakistan.
Market Review & Outlook From the CIO's Desk Year on Year CPI inflation continues to remain on the lower side and clocked in at 1.61% for October 2015. International commodity prices have been subdued for the past few months, and are expected to remain weak in the near future due to slowdown in Chinese economy and weak growth prospects in other large economies of the world. Even though the phasing of high base effect will lead to some increase in inflation getting into CY'16, it is likely to remain under control. Islamic financial institutions (IFIs) are growing at a much faster rate than conventional financial institutions. However, the government seems oblivious to IFIs growing need for Shariah compliant debt securities in order to earn competitive returns on their assets. Islamic banks and mutual funds continue to face serious challenges in deploying the money available with them. It is expected that the GOP Ijara Sukuk maturing in November 2015 will be replaced with a bigger issue of GOP Ijara Sukuk in order to absorb the liquidity available with IFIs. World markets including the KSE recorded a strong comeback in Oct 15 with the US Federal Reserve delaying its rate hike and global central banks propagating easy monetary policies.kse closed on positive note at 34,262pts, up 6.1% for the month. This can be attributed to clarity from SECP on brokers investigation, strong macroeconomic data (Sep 15: Current Account surplus of 1.2% of GDP CPI of 1.3% YoY), PML N reelection in NA 122 and decent corporate earnings in the ongoing results season. During the month FIPI numbers showed net selling of USD 48mn for the month of Oct'15 compared to net selling of USD 22mn during the last month. However despite foreign selling the market remained in the green as mutual funds remained major buyers, absorbing the brunt of foreign pressure with an inflow of USD 44mn. Despite short term volatility, we have a positive outlook on the local equity market in medium term. The low interest rates, higher GDP growth and strong corporate earnings growth is expected to fuel the equity market over the long term. Any corrections in the stock market should therefore be viewed by long term investors as opportunities to build stock market exposure. Low yields on fixed income securities and the positive outlook of the country s economymake it all the more importantforinvestors to allocate a portion of their portfolios to equity. Al Ameen Islamic Asset Allocation Fund (AIAAF) offers an appropriate strategy for such times of volatile equity markets for investors with low to moderate risk tolerance. This fund invests in a diversified portfolio of stocks, bonds, and money market instruments. It has the potential to earn returns well above those of Money Market Funds and Income Funds, while limiting risk by investing no more than 40% of its assets in stocks at any point in time. We strongly recommend our investors to invest in Voluntary Pension Schemes in order to grow their long term savings and achieve retirement security. We recommend a high exposure to Equity Sub Fund of the Scheme. We have been following an aggressive investment strategy in this Sub Fund considering its long time horizon and low liquidity/redemption pressures. The strategy has performed well and the Equity Sub Fund has generated an absolute return of 396.0% (KMI 30 Index: 268.8%) since inception. This translates to an average annualized return of 33.9% p.a. (KMI 30 Index: 26.9% p.a.) thus outperforming the KMI 30 Index by a huge margin.
Sr. No. 1 Fund Category Fund Name Symbol Islamic Money Market Fund size date Return (net of all expenses including ) CYTD (%) CAGR (%) Fund Benchmark Fund Benchmark Al Ameen Islamic Cash Fund AICF 5,550 19 Sep 12 5.53% 6.35% 6.40% 6.87% 2 Islamic Income Al Ameen Islamic Sovereign Fund AISF 1,157 7 Nov 10 6.42% 6.59% 8.80% 7.26% 3 4 Islamic Aggressive Income Islamic Asset Allocation Al Ameen Islamic Aggressive Income Fund AIAIF 849 20 Oct 07 7.28% 7.13% 5.95% 7.99% Al Ameen Islamic Asset Allocation Fund AIAAF 1,914 10 Dec 13 9.68% 8.11% 13.61% 10.87% 5 Islamic Equity Al Ameen Shariah Stock Fund ASSF 9,552 24 Dec 06 11.26% 13.06% 17.71% 18.35% 6 7 8 9 10 11 Islamic Fund of Funds Scheme Islamic Fund of Funds Scheme Islamic Fund of Funds Scheme Islamic Fund of Funds Scheme Islamic Fund of Funds Scheme Islamic Fund of Funds Scheme Al Ameen Islamic Principal Preservation Fund II AIPPF II 1,200 7 Nov 13 5.70% 11.55% 14.22% 16.50% Al Ameen Islamic Principal Preservation Fund III AIPPF III 2,431 20 Jun 14 5.69% 11.73% 11.96% 14.78% Al Ameen Islamic Principal Preservation Fund IV AIPPF IV 1,710 16 Oct 14 5.06% 12.65% 11.34% 20.24% Al Ameen Islamic Principal Preservation Fund V AIPPF V 682 26 Dec 14 0.73% 9.36% 0.36% 9.32% Al Ameen Islamic Financial Planning Fund Al Ameen Islamic Active Allocation Plan I Al Ameen Islamic Financial Planning Fund Al Ameen Islamic Active Allocation Plan II AIFPF AIActAP I AIFPF AIActAP II 2,363 23 Jun 15 0.34% 0.00% 0.34% 0.00% 2,374 28 Sep 15 1.75% 1.96% 1.75% 1.96% 12 Islamic Voluntary Pension Scheme Al Ameen Islamic Retirement Savings Fund AIRSF 19 May 10 Equity Sub Fund 789 18.71% N.A 33.93% N.A Debt Sub Fund 285 5.16% N.A 7.54% N.A Money Market Sub Fund 167 5.27% N.A 6.90% N.A
Al Ameen Islamic Cash Fund AICF is an open end Shariah Compliant Money Market Fund which aims to provide high liquidity and competitive returns while seeking maximum possible preservation of capital by investing in low risk and liquid Shariah Compliant instruments. AICF 1 AICF 2 Benchmark Fund Type Open end FY YTD (p.a.) 4.86% 4.94% 5.59% Fund Categorization Shariah Compliant Money Market Fund October 2015 (p.a.) 4.78% 4.89% 5.37% Risk Profile Low (CAGR) 6.40% 6.87% Launch Date 17 Sep 12 Standard Deviation* 0.29% 0.66% Benchmark Average of 3 Months Placement Rate of 3 Sharpe Ratio** (6.64) (1.99) Islamic Banks (with AA or better banks) Weighted Avg Time to Maturity 7Days Listing Central Depository Company (CDC) BDO Ebrahim & Co Shariah Advisory Board Mr. Hassaan Kaleem & Mr. Najeeb Khan Management Co. Rating AM2+ (JCR VIS) AA (JCR VIS) Minimum Investment Rs. 500 Sep'15 Oct'15 % Load Nil (Front end) Fund Size (PKR Mn) 6,883 5,550 19.36% Dealing Days Monday to Friday NAV (PKR) 101.4937 101.9058 0.41% Cut off times Issuance: 4:00 p.m. Redemption: 9:30 am Backward 1 Simple Annualized Return 2 Morning Star Return * 12m Trailing ** 12m Trailing, 3M PKRV yield is used as a risk free rate 10% of the Gross Earnings subject to a min. fee of 0.5% of net assets and a max. fee of 1% of net assets. Wahaj Aslam Ali Alvi, Wahaj Aslam Portfolio Quality (% of Total Assets) AAA, 1% AA, 6% Others, 1% Commercial Papers 0% 0% 0% Cash 89% 92% 88% GoP Ijara Sukuks 1% 0% 0% Others 1% 0% 1% Placements with banks 9% 7% 11% Leverage Nil Nil Nil AA+, 93% AICF (p.a) 4.85% 4.69% 5.88% 6.35% 6.40% Key Interest Rates Benchmark 5.52% 6.00% 6.47% 6.85% 6.87% KIBOR (1M, 6M, 1Y, 3Y)* 6.26% 6.46% 6.62% 7.12% Returns are annualized using the Morningstar Methodology Avg I.B. Placement Rate (1M, 3M, 6M, 12M) 5.20% 5.37% 5.49% 6.06% Discount Rate 6.50% Disclosures In compliance with SECP's "Circular # 17 of 2012" CPI(Oct) Y o Y Basis 1.61% the tune of Rs. 6,451,396, if the same were not made the NAV per unit/return of the * Average during month Scheme would be higher by Rs. 0.12/0.12%. Value of Rupees invested 12 months ago 107 106 104 103 102 101 Monthly Yield* Nov'14 Dec'14 Jan'15 Feb'15 Mar'15 Apr'15 May'15 Jun'15 Jul'15 Aug'15 Sep'15 Oct'15 CYTD AICF 8.26% 7.06% 8.86% 5.01% 4.79% 8.61% 4.62% 3.75% 5.22% 4.70% 4.96% 4.89% 5.53% Benchmark 7.08% 7.08% 6.98% 7.01% 6.67% 6.85% 7.06% 6.58% 5.80% 5.83% 5.37% 5.37% 6.35% *Returns are annualized using the Morningstar Methodology For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Sovereign Fund AISF is an open end Shariah Compliant Income Fund which aims to generate a competitive return with minimum risk, by investing primarily in Shariah Compliant Government Securities. AISF 1 AISF 2 Benchmark Fund Type Open end FY YTD (p.a.) 4.49% 4.55% 5.74% Fund Categorization Shariah Compliant Income Fund October 2015 (p.a.) 4.33% 4.42% 5.50% Risk Profile Low (CAGR) 8.80% 7.26% Launch Date 7 Nov 10 Standard Deviation* 0.49% 0.81% Benchmark Average of 6 Months Deposit Rates of 3 Islamic Sharpe Ratio** (3.23) (1.26) Banks (with AA or better banks) Weighted Avg Time to Maturity 0.40 Years Listing Central Depository Company (CDC) KPMG Taseer Hadi and Co. Shariah Advisory Board Mr. Hassaan Kaleem & Mr. Najeeb Khan Management Co. Rating AM2+ (JCR VIS) AA Minus (JCR VIS) Minimum Investment Rs. 500 Sep'15 Oct'15 % Load 1.0% (Front end) Fund Size (PKR Mn) 1,461 1,157 20.84% Dealing Days Monday to Friday NAV (PKR) 101.8454 102.22 0.37% Cut off times 4:00 PM 1 Simple Annualized Return 2 Morning Star Return * 12m Trailing ** 12m Trailing, 3M PKRV yield is used as a risk free rate Forward 1.00% p.a. Wahaj Aslam Ali Alvi, Wahaj Aslam Portfolio Quality (% of Total Assets) AA, 4% A+, 0% Others, 3% AA, 0% AA+, 5% GoP Ijara Sukuks 59% 70% 87% Cash 33% 28% 10% Others 3% 2% 3% Placements with banks 6% 0% 0% Leverage Nil Nil Nil Key Interest Rates KIBOR (1M, 6M, 1Y, 3Y)* 6.26% 6.46% 6.62% 7.12% Avg I.B. Placement Rate (1M, 3M, 6M, 12M) 5.17% 5.57% 5.50% 6.00% AISF (p.a) 4.14% 4.94% 6.20% 7.14% 8.80% Discount Rate 6.50% Benchmark 5.71% 6.06% 6.76% 6.97% 7.26% CPI(Oct) Y o Y Basis 1.61% Returns are annualized using the Morningstar Methodology * Average during month Disclosure of Excess/(Short) Exposure as a %age of NA as at October 31, 2015 Name of Investment Required* Actual Excess/(Short) Cash 30.00% 30.83% 0.83% * 90 days rolling average Value of Rupees invested 12 months ago 108 106 103 102 AAA, 88% Disclosures In compliance with SECP's "Circular # 17 of 2012" the tune of Rs. 7,635,285, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.67/0.66%. Monthly Yield* Nov'14 Dec'14 Jan'15 Feb'15 Mar'15 Apr'15 May'15 Jun'15 Jul'15 Aug'15 Sep'15 Oct'15 CYTD AISF 3.87% 6.31% 13.09% 7.06% 7.45% 7.22% 6.08% 5.35% 5.78% 5.11% 2.87% 4.42% 6.42% Benchmark 7.64% 7.64% 7.57% 7.75% 7.13% 7.16% 6.93% 6.48% 5.81% 5.77% 5.87% 5.50% 6.59% *Returns are annualized using the Morningstar Methodology For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Aggressive Income Fund (Formerly Al Ameen Islamic Income Fund) AIAIF is an open end Shariah Compliant Aggressive Fixed Income Fund which invests in medium to long term income instruments as well as short tenor money market instruments to generate superior, long term, risk adjusted returns while preserving capital over the long term. AIAIF 1 AIAIF 2 Benchmark Fund Type Open end FY YTD (p.a.) 5.30% 5.39% 6.08% Fund Categorization Shariah Compliant Aggressive Fixed Income October 2015 (p.a.) 8.56% 8.90% 6.00% Risk Profile Moderate (CAGR) 5.95% 7.99% Launch Date 20 Oct 07 Standard Deviation* 1.11% 1.04% Benchmark Weighted average of 12 Month deposit rates of Sharpe Ratio** (0.31) (0.39) 3 different Islamic Banks Weighted Avg Time to Maturity 1.21 Years Listing Central Depository Company (CDC) Ernst & Young Ford Rhodes Sidat Hyder Shariah Advisory Board Mr. Hassaan Kaleem & Mr. Najeeb Khan Management Co. Rating AM2+ (JCR VIS) BBB+ (JCR VIS) Minimum Investment Rs. 500 Sep'15 Oct'15 % Load (Front end) 1% (Growth Units, Income Units) Fund Size (PKR Mn) 873 849 2.80% Load (Back end) None NAV (PKR) 99.02 99.74 0.73% Dealing Days Monday to Friday 1 Simple Annualized Return 2 Morning Star Return * 12m Trailing ** 12m Trailing, 3M PKRV yield is used as a risk free rate Cut off times 4:00 PM Forward 1.75% p.a. Muhammad Abdul Hayee Ali Alvi, Muhammad Abdul Hayee Portfolio Quality (% of Total Assets) Others, 3% A, 5% A, 32% AAA, 10% AA+, 29% Sukuks 47% 43% 45% GoP Ijara Sukuk 1% 1% 1% Commercial Papers 0% 0% 0% Cash 49% 54% 52% Others 3% 2% 3% Placements with banks 0% 0% 0% Leverage Nil Nil Nil Disclosure of Excess Exposure (Per Entity) as at August 31, 2015 A+, 12% AA, 10% Name of Investment Exposure Type % of NA Limit Excess TFC/SUKUK K ELECTIC Per Entity 15.29% 15.00% 0.29% AIAIF (p.a) 6.76% 6.91% 7.44% 10.70% 5.73% 5.95% Benchmark 6.02% 6.45% 7.38% 7.67% 8.05% 7.99% Returns are annualized using the Morningstar Methodology Top Ten Sukuk Holdings (as % of Total Assets) Disclosures In compliance with SECP's "Circular # 17 of 2012" TFC/SUKUK Engro Fertilizer Ltd. (09 J 11.3% MAPLE LEAF SUKUK (03 12 07) 4.7% TFC/SUKUK K ELECTIC (19 MAR 14) 8.8% WAPDA TFC 3.2% the tune of Rs. 3,712,722, if the same were not made the NAV per unit/return of the TFC/SUKUK WAPDA. (14 OCT 13) 6.3% Scheme would be higher by Rs. 0.44/0.44%. TFC/SUKUK K ELECTIC (19 MAR 14) 5.6% 0 0.0% TFC/SUKUK ENGRO CORP LTD. (10 JU 4.7% 0 0.0% Value of Rupees invested at inception 108 106 104 102 Monthly Yield* Nov'14 Dec'14 Jan'15 Feb'15 Mar'15 Apr'15 May'15 Jun'15 Jul'15 Aug'15 Sep'15 Oct'15 CYTD AIAIF 9.31% 7.14% 10.82% 9.22% 5.50% 6.05% 4.48% 16.07% 1.45% 6.68% 4.66% 8.90% 7.28% Benchmark 8.60% 8.60% 8.47% 8.38% 7.94% 7.92% 7.33% 7.06% 6.23% 5.84% 6.25% 6.00% 7.13% *Returns are annualized using the Morningstar Methodology For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Asset Allocation Fund The investment objective of the Fund is to earn competitive riba free return by investing in various shariah compliant asset classes/instruments based on the market outlook. AIAAF Benchmark Fund Type Open end FY YTD 2.50% 1.52% Fund Categorization Islamic Asset Allocation Oct 15 1.28% 2.13% Risk Profile Medium (CAGR)*** 13.61% 10.87% Launch Date 10 Dec 13 Standard Deviation* 6.63% 5.19% Benchmark 70% 6M Deposit Rate of three AA and above Sharpe Ratio** 1.02 0.52 Islamic Banks + 30% KMI 30 Index Listing Central Depository Company (CDC) Ernt & Young Forde Rhodes Sidat Hyder & Co. Management Co.Rating AM2+ (JCR VIS) MFR 3 Star (JCR VIS) Minimum Investment Rs. 10,000/ initial & subsequent Load 3% (Front end) Dealing Days Monday to Friday Sep'15 Oct'15 % Cut off times 4:00 PM Fund Size (PKR Mn) 1,840 1,914 4.00% Forward NAV (PKR) 109.67 111.0739 1.28% 1% p.a. *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. ***Returns have been annualized using Morningstar Methodology Muhammad Abdul Hayee Ali Alvi, Muhammad Abdul Hayee Asset Allocation (% of Total Assets) Cash, 59% Others, 3% Equities, 36% TFC, 2% Equities 37% 32% 36% Placements with banks 6% 0% 0% TFC 3% 2% 2% Cash 51% 64% 59% GoP Ijarah 2% 0% 0% Others 2% 1% 3% Leverage Nil Nil Nil Top Ten Equity Holdings (% of Total Assets) Fauji Cement Co. Ltd 3.4% Honda Atlas Cars (Pakistan) Ltd. 2.3% Pioneer Cement Ltd. 2.8% Fatima Fertilizer Co. Ltd 2.2% AIAAF 0.48% 4.43% 14.6% 27.28% Kohat Cement Co. Ltd 2.6% Ferozsons Laboratories Ltd. 2.2% Benchmark 0.48% 3.48% 10.5% 21.54% Attock Petroleum Ltd. 2.5% Kot Addu Power Co. Ltd 2.1% Returns are on absolute basis Engro Corporation Ltd. 2.3% The Hub Power Co. Ltd 2.0% Sector Allocation of Equity Value of Rupees invested 12 months ago 119 116 113 110 107 104 101 98 AIAAF 3.67% 0.75% 3.53% 0.52% 3.17% 5.30% 0.17% 2.06% 2.01% 0.57% 1.36% 1.28% 9.68% Benchmark 1.12% 1.05% 2.31% 0.27% 1.96% 3.88% 0.13% 1.80% 1.03% 0.02% 1.63% 2.13% 8.11% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. All returns are calculated assuming reinvested dividends. Oil & Gas Marketing Companies, 3% Automobile Assembler, 4% Power Generation & Distribution, 5% Others, 7% Cement, 10% Fertilizer, 8% the tune of Rs. 3,645,908, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.21/0.19%.
Al Ameen Shariah Stock Fund ASSF is an open end Equity Fund, investing primarily in Shariah compliant equities. The Fund seeks to maximize total returns and outperform its benchmark by investing in a combination of securities offering long term capital gains and dividend yield potential. ASSF Benchmark Fund Type Open end FY YTD 1.44% 0.16% Fund Categorization Islamic Equity Oct 15 4.90% 6.06% Risk Profile High (CAGR)*** 17.71% 18.35% Launch Date 24 Dec 06 Standard Deviation* 17.78% 17.29% Benchmark KMI 30 Index* Sharpe Ratio** 0.62 0.58 Listing Beta* 0.95 1.00 Central Depository Company (CDC) Alpha*^ 1.05% Deloitte M. Yousuf Adil Saleem & Co. R Square^^ 85% Management Co.Rating AM2+ (JCR VIS) Price to Earning Ratio ^^^ 10.96x 14.12x MFR 4 STAR (JCR VIS) 3 Yr Average Dividend Yield ^^^ 3.66% 5.74% Minimum Investment Rs. 500 Value at Risk 1.21% 1.29% Load 2.5% (Front end), Nil (Back end) Dealing Days Monday to Friday Cut off times 4:00 PM Sep'15 Oct'15 % Forward Fund Size (PKR Mn) 8,007 9,552 19.29% 2% p.a. NAV (PKR) 111.22 116.67 4.90% Wahaj Aslam *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. *^ Alpha measures the risk adjusted performance of the fund vs. the benchmark.^^ R Square measures the correlation between the benchmark and the fund. ^^^ Benchmark figures are for KMI 30 Index only. ^^^^ NAV based. ***Returns have been annualized using Morningstar Methodology Ali Alvi, Wahaj Aslam * Benchmark has been changed since reconstitution of the Fund on 18th July 2012 Sector Allocation (% of Total Assets) Cement, 22% Fertilizer, 12% Equities 90% 87% 90% Sukuks 0% 0% 0% GoP Ijarah Sukuks 0% 0% 0% Cash 9% 12% 7% Others 0% 1% 3% Leverage Nil Nil Nil Power Automobile Generation & Assembler, 10% Distribution, 10% Top Ten Equity Holdings (% of Total Assets) Engro Corporation Ltd. 7.3% Ferozsons Laboratories Ltd. 4.3% ASSF 2.11% 4.37% 18.84% 126.83% 250.25% 323.94% Packages Limited 5.5% Fauji Cement Co. Ltd. 3.9% Benchmark 2.03% 3.85% 17.79% 106.18% 209.62% 344.69% Pak Suzuki Motor Co. Ltd. 4.4% Pioneer Cement Limited 3.4% Returns are on absolute basis K Electric Limited 4.4% Cherat Cement Co. Ltd. 3.2% Lucky Cement Limited 4.4% Kot Addu Power Co. Ltd. 3.1% Value of Rupees invested 12 months ago Disclosures In compliance with SECP's "Circular # 17 of 2012" 130 125 120 115 110 95 Others, 29% Pharmaceuticals, 7% the tune of Rs. 50,547,812, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.62/0.53%. ASSF 4.73% 1.99% 9.96% 3.65% 11.14% 13.24% 3.10% 6.18% 3.63% 0.83% 5.91% 4.90% 11.26% Benchmark 2.23% 1.90% 6.24% 0.52% 7.95% 11.89% 1.03% 4.76% 2.24% 1.23% 6.48% 6.06% 13.06% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Principal Preservation Fund II The objective of Al Ameen Islamic Principal Preservation Fund II is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes, while providing capital preservation of the Initial Investment Value at completion of the duration of fund. AIPPF II Benchmark Fund Type Open end FY YTD 0.13% 0.84% Fund Categorization Shariah Compliant Fund of Funds Scheme Oct 15 1.49% 1.81% Risk Profile Low (CAGR)*** 14.22% 16.50% Launch Date 7 Nov 13 Standard Deviation* 12.56% 12.00% Benchmark Sharpe Ratio** 0.24 0.71 Weighted Average Daily Return of KMI 30 Index and 3M Deposit Rates of A & above rated Islamic Banks based on the Fund s actual participation in the Equity & Debt/Income Component. Listing Central Depository Company (CDC) KPMG Taseer Hadi and Co. Management Co.Rating AM2+ (JCR VIS) Not yet rated Sep'15 Oct'15 % Minimum Investment Rs 10,000/ initial & subsequent Fund Size (PKR Mn) 1,182 1,200 1.49% Load 3% (Front end incl. Structuring fee), 5% (Back end) NAV (PKR) 113.87 115.57 1.49% Dealing Days Monday to Friday *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. ***Returns have been Cut off times 4:00 PM annualized using Morningstar Methodology Forward 1% p.a. (on the value of underlying Funds not managed by UBL s) Amir Ibrahim Habib Ali Alvi, Amir Ibrahim Habib Holdings (% of Total Assets) Al Ameen Shariah Stock Fund 0% Equity Funds 52% 31% 0% Al Ameen Islamic Cash Fund % Money Market Funds 47% 68% % Others 0% 0% 0% Multiplier Cash 1% 0% 0% Multiplier as at 31st October 2015 0.00 Leverage Nil Nil Nil Multiplier range during the month of October'15 0.00 4.00 Value of Rupees invested 12 months ago 120 115 110 95 Profit Lock in Profit locked in* 16% AIPPF II Benchmark Returns are on absolute basis 1.96% 0.95% 10.83% 30.18% 0.66% 3.46% 16.31% 35.37% Disclosures In compliance with SECP's "Circular # 17 of 2012" the tune of Rs. 5,794,868, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.56/0.48%. *Profit Lock in feature allows the to realize some of the equity investment gains into Income/money market investments, in order to secure the profit if any for investors. AIPPF II 3.25% 1.55% 8.99% 3.52% 9.08% 9.53% 2.84% 3.77% 2.13% 1.11% 2.32% 1.49% 5.70% Benchmark 2.12% 2.10% 5.86% 0.42% 6.08% 8.90% 0.65% 3.27% 1.51% 0.18% 2.24% 1.81% 11.55% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns/profit lock in thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. Capital preservation only applies to the unit holders who hold their investments until maturity date. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Principal Preservation Fund III The objective of Al Ameen Islamic Principal Preservation Fund III is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes, while providing capital preservation of the Initial Investment Value at completion of the duration of fund. AIPPF III Benchmark Fund Type Open end FY YTD 0.52% 1.20% Fund Categorization Shariah Compliant Fund of Funds Scheme Oct 15 2.63% 3.23% Risk Profile Low (CAGR)*** 11.96% 14.78% Launch Date 20 Jun 14 Standard Deviation* 13.18% 12.67% Benchmark Sharpe Ratio** 0.25 0.67 Weighted Average Daily Return of KMI 30 Index and 3M Deposit Rates of Islamic Banks (AA & above) based on the Fund s actual participation in the Equity & MM/Income Component. Listing MCB Financial Services Ltd. BDO Ebrahim & Co Management Co.Rating AM2+ (JCR VIS) Not yet rated Sep'15 Oct'15 % Minimum Investment Rs 10,000/ initial & subsequent Fund Size (PKR Mn) 2,379 2,431 2.20% Load 3% (Front end incl. Structuring fee), 5% (Back end) NAV (PKR) 106.93 109.74 2.63% Dealing Days Monday to Friday *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. Cut off times 4:00 PM ***Returns have been annualized using Morningstar Methodology Forward 1% p.a. (on the value of underlying Funds not managed by UBL s) Ali Alvi Ali Alvi Holdings (% of Total Assets) Al Ameen Shariah Stock Fund 53% Equity Funds 59% 49% 53% Al Ameen Islamic Cash Fund 47% Money Market Funds 38% 50% 47% Others 3% 0% 0% Multiplier Cash 0% 0% 0% Multiplier as at 31st October 2015 4.00 Leverage Nil Nil Nil Multiplier range during the month of October'15 4.00 4.00 Value of Rupees invested 12 months ago 120 115 110 95 Profit Lock in Profit locked in* 3% AIPPF III Benchmark Returns are on absolute basis 1.83% 1.65% 11.06% 16.70% 0.43% 3.89% 16.24% 20.74% Disclosures In compliance with SECP's "Circular # 17 of 2012" the tune of Rs. 7,036,704, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.32/0.29%. *Profit Lock in feature allows the to realize some of the equity investment gains into Income/money market investments, in order to secure the profit if any for investors. AIPPF III 3.38% 1.65% 7.52% 2.16% 9.86% 9.65% 2.83% 4.06% 2.40% 0.98% 3.41% 2.63% 5.69% Benchmark 1.99% 2.00% 5.83% 0.37% 6.47% 9.06% 0.72% 3.40% 1.64% 0.16% 3.39% 3.23% 11.73% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns/profit lock in thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. Capital preservation only applies to the unit holders who hold their investments until maturity date. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Principal Preservation Fund IV The objective of the Fund is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes, while providing principal preservation of the Initial Investment Value at completion of the duration of fund. AIPPF IV Benchmark Fund Type Open end FY YTD 0.15% 1.19% Fund Categorization Shariah Compliant Fund of Funds Scheme Oct 15 2.28% 2.78% Risk Profile Low (CAGR)*** 11.34% 20.24% Launch Date 16 Oct 14 Standard Deviation* 13.10% 12.41% Benchmark Sharpe Ratio** 18.26% 86.26% Weighted Average Daily Return of KMI 30 Index and 3M Deposit Rates of Islamic Banks (AA & above) based on the Fund s actual participation in the Equity & MM/Income Component. Listing Central Depository Company BDO Ebrahim & Co Management Co.Rating AM2+ (JCR VIS) Not yet rated Sep'15 Oct'15 % Minimum Investment Rs 10,000/ initial & subsequent Fund Size (PKR Mn) 1,682 1,710 1.68% Load 3% (Front end incl. Structuring fee), 5% (Back end) NAV (PKR) 103.42.7723 2.28% Dealing Days Monday to Friday *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. Cut off times 4:00 PM ***Returns have been annualized using Morningstar Methodology Forward 1% p.a. (on the value of underlying Funds not managed by UBL s) Ali Alvi Ali Alvi Holdings (% of Total Assets) Al Ameen Shariah Stock Fund 44% Equity Funds 60% 42% 44% Al Ameen Islamic Cash Fund 55% Money Market Funds 39% 58% 55% Others 0% 0% 0% Multiplier Cash 1% 0% 0% Multiplier as at 31st October 2015 4.00 Leverage Nil Nil Nil Multiplier range during the month of October'15 4.00 4.00 Value of Rupees invested 12 months ago 118 114 110 106 102 98 94 Profit Lock in Profit locked in* 0% AIPPF IV Benchmark 2.16% 1.16% 10.17% 11.87% 0.44% 3.85% 18.49% 21.22% Disclosures In compliance with SECP's "Circular # 17 of 2012" the tune of Rs. 3,718,967, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.23/0.22%. *Profit Lock in feature allows the to realize some of the equity investment gains into Income/money market investments, in order to secure the profit if any for investors. AIPPF IV 3.16% 1.66% 7.57% 2.22% 10.07% 9.79% 2.86% 3.98% 2.36% 1.02% 3.35% 2.28% 5.06% Benchmark 3.04% 2.08% 5.86% 0.43% 5.64% 9.06% 0.60% 3.26% 1.64% 0.09% 3.04% 2.78% 12.65% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns/profit lock in thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. Capital preservation only applies to the unit holders who hold their investments until maturity date. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Principal Preservation Fund V The objective of the Fund is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes, while providing principal preservation of the Initial Investment Value at completion of the duration of fund. AIPPF V Benchmark Fund Type Open end FY YTD 1.37% 1.89% Fund Categorization Shariah Compliant Fund of Funds Scheme Oct 15 0.34% 0.46% Risk Profile Low 0.36% 9.32% Launch Date 26 Dec 14 Standard Deviation* n/a n/a Benchmark Sharpe Ratio** n/a n/a Weighted Average Daily Return of KMI 30 Index and 3M Deposit Rates of Islamic Banks (AA & above) based on the Fund s actual participation in the Equity & MM/Income Component. Listing Central Depository Company BDO Ebrahim & Co Management Co.Rating AM2+ (JCR VIS) Not yet rated Sep'15 Oct'15 % Minimum Investment Rs 10,000/ initial & subsequent Fund Size (PKR Mn) 688 682 0.82% Load 3% (Front end incl. Structuring fee), 5% (Back end) NAV (PKR) 99.3089 99.6434 0.34% Dealing Days Monday to Friday *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. Cut off times 4:00 PM Forward 1% p.a. (on the value of underlying Funds not managed by UBL s) Amir Ibrahim Habib Ali Alvi, Amir Ibrahim Habib Holdings (% of Total Assets) Al Ameen Shariah Stock Fund 0% Equity Funds 5% 0% 0% Al Ameen Islamic Cash Fund 99% Money Market Funds 92% 99% 99% Others 3% 0% 0% Multiplier Cash 0% 1% 1% Multiplier as at 31st October 2015 0.00 Leverage Nil Nil Nil Multiplier range during the month of October'15 0.00 0.00 Value of Rupees invested at inception 110 95 90 Profit Lock in Profit locked in* 0% AIPPF V Benchmark 0.52% 0.77% 0.36% 1.11% 2.81% 9.32% Disclosures In compliance with SECP's "Circular # 17 of 2012" the tune of Rs. 0, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.00/0.00%. *Profit Lock in feature allows the to realize some of the equity investment gains into Income/money market investments, in order to secure the profit if any for investors. AIPPF V 0.37% 7.81% 3.35% 10.47% 7.23% 3.34% 1.27% 0.84% 0.12% 0.07% 0.34% 0.73% Benchmark 0.03% 5.29% 0.28% 5.31% 7.00% 0.52% 1.43% 0.77% 0.52% 0.13% 0.46% 9.36% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns/profit lock in thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. Capital preservation only applies to the unit holders who hold their investments until maturity date. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Financial Planning Fund Al Ameen Islamic Active Allocation Plan I AIFPF is an Open end Shariah Compliant Fund of funds that aims to generate returns on Investment as per the respective Allocation Plan by investing in Shariah Compliant Mutual Funds in line with the risk tolerance of the Investor. AIActAP I Benchmark Fund Type Open end FY YTD 0.16% 0.05% Fund Categorization Shariah Compliant Fund of Funds Scheme Oct 15 4.43% 5.49% Risk Profile Medium 0.34% 0.00% Launch Date 22 Jun 15 Standard Deviation* n/a n/a Benchmark Sharpe Ratio** n/a n/a Weighted average daily return of KMI 30 index and 6m deposit rate of AA rated (and above) Islamic Banks, based on actual proportion of investment in Equity and Income/ Money Market Listing Central Depository Company Deloitte Chartered Accountants Management Co.Rating AM2+ (JCR VIS) Not yet rated Sep'15 Oct'15 % Minimum Investment Rs 10,000/ initial & Rs 1,000/ subsequently Fund Size (PKR Mn) 2,264 2,363 4.33% Load 3% (Front end), 5% (Contingent Load)* NAV (PKR) 96.09.34 4.43% Dealing Days Monday to Friday *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. Cut off times 4:00 PM Forward Upto 1% p.a. (on the value of underlying Funds not managed by UBL s) Muhammad Abdul Hayee Ali Alvi, Muhammad Abdul Hayee * Applicable on Redemption before maturity Holdings (% of Total Assets) Al Ameen Shariah Stock Fund 89% Equity Funds 85% 89% 89% Al Ameen Islamic Cash Fund 9% Money Market Funds 13% 10% 9% Al Ameen Islamic Sovereign Fund 0% Income Funds 0% 0% 0% Others 1% 1% 1% Cash 1% 1% 1% Leverage Nil Nil Nil Value of Rupees invested at inception 103 101 99 97 95 AIActAP I Benchmark 0.84% 0.34% 0.98% 0.00% Disclosures In compliance with SECP's "Circular # 17 of 2012" the tune of Rs. 88,141, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.00/0.00%. AIActAP I 0.18% 1.01% 0.07% 5.10% 4.43% 0.34% Benchmark 0.05% 0.95% 0.48% 5.69% 5.49% 0.00% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns/profit lock in thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. Capital preservation only applies to the unit holders who hold their investments until maturity date. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Financial Planning Fund Al Ameen Islamic Active Allocation Plan II AIFPF is an Open end Shariah Compliant Fund of funds that aims to generate returns on Investment as per the respective Allocation Plan by investing in Shariah Compliant Mutual Funds in line with the risk tolerance of the Investor. AIActAP II Benchmark Fund Type Open end FY YTD 1.75% 1.96% Fund Categorization Shariah Compliant Fund of Funds Scheme Oct 15 1.83% 2.04% Risk Profile Medium 1.75% 1.96% Launch Date 28 Sep 15 Standard Deviation* n/a n/a Benchmark Sharpe Ratio** n/a n/a Weighted average daily return of KMI 30 index and 6m deposit rate of AA rated (and above) Islamic Banks, based on actual proportion of investment in Equity and Income/ Money Market Listing Central Depository Company Deloitte Chartered Accountants Management Co.Rating AM2+ (JCR VIS) Not yet rated Sep'15 Oct'15 % Minimum Investment Rs 10,000/ initial & Rs 1,000/ subsequently Fund Size (PKR Mn) 2,374 2,424 2.10% Load 3% (Front end), 5% (Contingent Load)* NAV (PKR) 99.92 101.7491 1.83% Dealing Days Monday to Friday *12M Trailing. **12M Trailing, 3M PKRV yield used as Risk Free rate. Cut off times 4:00 PM Forward Upto 1% p.a. (on the value of underlying Funds not managed by UBL s) Muhammad Abdul Hayee Ali Alvi, Muhammad Abdul Hayee * Applicable on Redemption before maturity Holdings (% of Total Assets) Al Ameen Shariah Stock Fund 68% Equity Funds 0% 10% 68% Al Ameen Islamic Cash Fund 29% Money Market Funds 0% 39% 29% Al Ameen Islamic Sovereign Fund 0% Income Funds 0% 0% 0% Others 0% 0% 0% Cash 0% 51% 3% Leverage Nil Nil Nil Value of Rupees invested at inception 104 103 102 101 99 AIActAP II Benchmark 1.75% 1.96% Disclosures In compliance with SECP's "Circular # 17 of 2012" the tune of Rs. 0, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.00/0.00%. AIActAP II 0.08% 1.83% 1.75% Benchmark 0.08% 2.04% 1.96% For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR units and any dividends/returns/profit lock in thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. Capital preservation only applies to the unit holders who hold their investments until maturity date. All returns are calculated assuming reinvested dividends.
Al Ameen Islamic Retirement Savings Fund AIRSF is a Shariah compliant open end fund that aims to provide a secure source of savings and regular income after retirement to the Participants. The Participants would contribute to the Fund during their working life and would typically withdraw from the Fund on or after retirement. Debt Money Market Equity Fund Type Open end FY YTD 3.24% p.a. 3.20% p.a. 4.72% Fund Categorization Shariah Compliant Voluntary Pension Scheme Oct 15 2.46% p.a. 2.54% p.a. 5.25% Risk Profile Investor dependent Simple annualization methodology used for Debt and Money Market Sub Fund Launch Date Benchmark 19 May 10 N/A Debt Money Market Equity Central Depository Company (CDC) FY YTD 3.28% p.a. 3.24% p.a. 4.72% BDO Ebrahim & Co Oct 15 2.48% p.a. 2.57% p.a. 5.25% Pension Manager Rating AM2+ (JCR VIS) (CAGR) 7.54% p.a. 6.90% p.a. 33.93% p.a. Not yet rated Returns have been annualized using Morningstar Methodology Minimum Investment Rs. 500 Load 3% (Front end) Expense Ratio ^ 2.23% 2.24% 2.55% Dealing Days Monday to Friday Fund Size (PKR Mn) 285 167 789 Cut off times 4:00 PM NAV (PKR) 148.96 144.13 496.01 Forward ^ NAV based 1.5% p.a. AIRSF Debt (% of Total Assets) Aug'15 Sep'15 Oct'15 Ali Alvi Gop Ijarah Sukuk 68% 41% 40% TFC/Sukuk 4% 4% 3% Ali Alvi Cash & Equivalent Placements with banks Others 17% 52% 54% 8% 0% 0% Equity Sector Allocation (% of Total Assets) 3% 3% 3% Nil Nil Nil Others, 33% Cement, 24% Leverage AIRSF Money Market (% of Total Assets) Aug'15 Sep'15 Oct'15 Gop Ijarah Sukuk 60% 19% 18% Fertilizer, 10% Placements with banks 17% 0% 0% Automobile Cash & Equivalent 20% 80% 80% Assembler, 6% Power Others 3% 1% 1% Generation & Pharmaceuticals Distribution, 9% Leverage Nil Nil Nil, 7% AIRSF Equity (% of Total Assets) Aug'15 Sep'15 Oct'15 Equities 90% 87% 88% Cash & Equivalent 8% 11% 6% AIRSF DSF 1 2.93% 3.72% 5.10% 6.32% 7.53% 7.54% Others 2% 1% 6% AIRSF MSF 1 2.74% 3.53% 5.30% 6.01% 7.16% 6.90% Leverage Nil Nil Nil AIRSF ESF 2 0.17% 10.76% 33.57% 185.88% 373.04% 396.01% Top Ten Equity Holdings (% of Total Assets) 1 Debt and Money Market Sub Fund returns have been annualized using Morningstar Methodology 2 Returns Ferozsons Laboratories Ltd. 6.3% Fatima Fertilizer Co. Ltd. 4.8% are on absolute basis Kohat Cement Co. Ltd. 6.2% D. G. Khan Cement Co. Ltd. 4.8% Disclosures In compliance with SECP's "Circular # 17 of 2012" Pioneer Cement Limited 5.0% K Electric Limited 4.6% Debt Sub Fund Engro Corporation Limited 4.9% Pakistan State Oil Co. Ltd. 4.3% the tune of Rs. 620,347, if the same were not made the NAV per unit/return of the Scheme would be Fauji Cement Co. Ltd. 4.8% Kot Addu Power Co. Ltd. 4.1% higher by Rs. 0.32/0.22%. Disclosure of Excess Exposure (Per Entity) as at October 31, 2015 Fund Name of Investment Exposure Type % of NA Limit Excess DSF UBL Ameen Per Entity 26.51% 10.00% 16.51% MMSF UBL Ameen Per Entity 25.44% 20.00% 5.44% Value of Rupees invested (medium volatility allocation*) 12 months ago 125 Money Market Sub Fund the tune of Rs. 351,771, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 0.30/0.21%. Equity Sub Fund the tune of Rs. 6,786,759, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 4.27/0.86%. 120 115 110 * 50% Equity, 40% Debt, 10% Money Market AIRSF Debt (p.a)* 3.13% 6.48% 8.83% 6.72% 6.19% 7.80% 5.36% 3.88% 4.32% 4.14% 2.15% 2.48% 5.16% AIRSF Money Market (p.a)* 4.07% 6.80% 11.66% 6.05% 6.22% 7.88% 6.24% 1.98% 4.72% 4.19% 1.45% 2.57% 5.27% AIRSF Equity 8.63% 3.58% 8.57% 2.98% 11.17% 14.55% 1.38% 7.25% 4.89% 1.53% 6.58% 5.25% 18.71% *Returns are annualized using the Morningstar Methodology For periodic returns as per SECP's SCD Cirular No. 16 of 2014, refer to the end of this FMR Disclaimer: This publication is for informational purpose only and nothing herein should be construed as a solicitation, recommendation or an offer to buy or sell any fund. All investments in mutual funds are subject to market risks. The NAV based prices of units and any dividends/returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. All returns are calculated assuming reinvested dividends.
Disclosure as per SECP's SCD Circular No. 16, 2014 s Report The periodic returns for the funds have been presented below as per SECP's SCD Circular No. 16 dated July 03, 2014. The returns presented below are: Yearly returns for the last five fiscal years, and Absolute returns for every fiscal year since inception The returns have been annualized for money market, income and aggressive income schemes where the performance evaluation period is less than one year. Last 3 & 5 Fiscal Years FY'11 FY'12 FY'13 FY'14 FY'15 FY'11 FY'12 FY'13 FY'14 FY'15 AICF 6.71% 6.45% 6.55% AIPPF III 1.34% 14.56% Benchmark 6.82% 7.32% 7.24% Benchmark 1.85% 17.14% AISF 11.78% 11.34% 9.09% 8.10% 6.15% AIPPF IV 11.70% Benchmark 7.92% 8.10% 7.09% 7.49% 7.66% Benchmark 19.79% AIIF 4.00% 6.12% 6.91% 14.36% 8.26% AIPPF V 1.70% Benchmark 8.12% 9.47% 8.22% 8.13% 8.48% Benchmark 7.29% AIAAF 5.26% 17.98% AIFPF (AIActAP I) 0.18% Benchmark 7.32% 11.56% Benchmark 0.05% ASSF 26.41% 17.70% 49.59% 34.36% 27.07% Benchmark 26.54% 12.62% 51.20% 29.89% 20.10% AIRSF Debt Sub Fund 8.85% 9.79% 8.13% 7.48% 5.49% AIPPF II 14.15% 13.90% Money Market Sub Fund 7.65% 8.87% 7.79% 6.56% 5.69% Benchmark 14.45% 17.29% Equity Sub Fund 31.54% 14.17% 55.55% 41.13% 45.54% Absolute Returns AICF vs Benchmark (Fund return in top row) AIPPF III vs Benchmark (Fund return in top row) FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 6.7% 12.0% 19.4% 1.3% 16.1% 7.2% 13.4% 21.6% 1.8% 19.3% AISF vs Benchmark (Fund return in top row) AIPPF IV vs Benchmark (Fund return in top row) FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 11.8% 19.9% 30.8% 41.3% 50.0% 11.7% 7.9% 13.7% 21.7% 30.8% 40.9% 19.8% AIIF vs Benchmark (Fund return in top row) AIPPF V vs Benchmark (Fund return in top row) FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 9.1% 9.9% 15.9% 11.3% 18.1% 26.3% 44.4% 56.3% 1.7% 7.5% 14.7% 23.9% 34.0% 46.7% 58.8% 71.7% 86.2% 7.3% AIAAF vs Benchmark (Fund return in top row) AIFPF (AIActAP I) vs Benchmark (Fund return in top row) FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 5.3% 24.2% 0.2% 7.3% 19.7% 0.1% ASSF vs Benchmark (Fund return in top row) FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 AIRSF 14.8% 15.8% 5.5% 9.9% 39.0% 63.6% 144.8% 228.9% 317.9% FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 13.3% 20.0% 3.5% 32.0% 67.1% 88.2% 184.6% 269.7% 344.0% DSF 3.8% 9.4% 20.2% 30.0% 39.7% 47.4% AIPPF II vs Benchmark (Fund return in top row) MSF FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 1.3% 7.9% 17.4% 26.6% 34.9% 42.6% 14.1% 30.0% ESF 14.5% 34.2% 1.3% 29.8% 48.2% 130.6% 225.5% 373.7% units and any dividends/returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. All returns are calculated assuming reinvested dividends.
Smart Savings ATM REDEMPTION CARD 4214 VALID FROM MEMBER UBL FUND MANAGERS VALID THRU Let us help you get started call 0800-00026 sms AMEENto 8258 e-mail info@alameenfunds.com website www.alameenfunds.com Let s talk Smart Savings Facebook: Al-Ameen Funds Vimeo Channel: SmartSavingsTV Twitter Handle: UBLSmartSavings Blog: UBLFundManagers.wordpress.com Funds Smart Savings App 25 8 1 6 3 4 9 13 4 0 8 0 5 7 20 09 15 SINCE 20 09 18 ATM Redemption Card UBL Funds Hello Tele-SRF Tele-Transact Invest via UBL Phone Banking UBL Funds Online e-account e-price Alerts e-statements Online Investment Facility UBL Funds SMS Transact Mobile-Transact Mobile Price Alerts SMS Transaction Tracking Mobile Transaction Alerts Rated AM2+ by JCR-VIS. Currently the Highest Management Quality Rating in Pakistan. DISCLAIMER: THIS PUBLICATION IS FOR INFORMATIONAL PURPOSES ONLY AND NOTHING HEREIN SHOULD BE CONSTRUED AS A SOLICITATION, RECOMMENDATION OR AN OFFER TO BUY OR SELL ANY FUND. ALL INVESTMENTS IN MUTUAL FUNDS ARE SUBJECT TO MARKET RISKS. THE NAV BASED PRICES OF UNITS AND ANY DIVIDENDS/RETURNS THEREON ARE DEPENDENT ON FORCES AND FACTORS AFFECTING THE CAPITAL MARKETS. THESE MAY GO UP OR DOWN BASED ON MARKET CONDITIONS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.