Overview
AL Habib Stock Fund is an open-end equity scheme which primarily invests in high quality liquid stocks of fundamentally strong companies to tap long-term profits. At least 70% of Fund’s net assets shall remain invested in listed equity securities during the year based on quarterly average investment calculated on daily basis. There is no lock-in period, investor can withdraw their investment during cut-off timings without any penalty.
Investment Objective
AHSF provides investors with long term capital growth from an actively managed portfolio invested primarily in diversified pool of listed equities and other approved instruments.
For Investors’ Seeking
Returns from stock market with a diversified portfolio
Achieve long term financial goals
Fund Details
| Basic Facts | |
|---|---|
| Launch Date | October 10, 2009 |
| Fund Type | Open-ended |
| Fund Category | Equity Scheme |
| Fund Manager | Mr. Humza Siddiqui |
| Management Fee | Up to 3% per annum of average daily net assets |
| Front-end-Load | 2.00% (Management has the discretion to reduce or waive load on any transaction) |
| Back-end-Load | Nil |
| Benchmark | KSE – 30 Index (Total Return Index) |
| Dealing Days | Monday to Friday |
| Cut-off Timings | Monday-Thursday 2:30 pm Friday 3:30 pm |
| Pricing Mechanism | Forward Pricing |
| Allocation of Units (NAV) | On realization of funds |
| Minimum Subscription | Initial investment of Rs. 5,000/- Subsequently Rs. 1,000/- per transaction |
| Risk Profile | High (Principal at High Risk) |