To earn promised fixed returns by investing primarily in Fixed Income Instruments for unit holders who hold their investment within Plan till Maturity.
| Fund Facts | |
|---|---|
| Subscription Period | 60 Days from IPO Date |
| IPO Date | March 29, 2024 |
| Category | Open Ended Fixed Rate / Return |
| Risk Profile | Moderate / Principal at moderate risk |
| Initial Maturity | Upto 2 Years | Minimum Investment Amount | Rs. 1,000,000 & above |
| Minimum Redemption Amount | Lower of PKR. 1,000,000 or full investment balance |
| Dealing Days & Cut Off Time | During Subscription period: Monday to Friday 9:00 AM to 5:30 PM During life of plan: Monday to Friday 9:00 AM to 10:30 AM |
| Benchmark | Upto 2 year PKRV Rates |
| Management Fees | Up to 2% of the average daily net asset value |
| Pricing Mechanism | Forward Pricing |
| Front End Load | 0% |
| Contingent Load ** | Contingent load shall be charged on redemption prior to initial maturity and shall commensurate with net loss incurred due to Early Redemption, as determined by the Management Company. |
| Asset Management Rating | AM1 by PACRA (Very High Quality) |
The launch of the plan is subject to successful deployment of money (either full or partial) in the auction / secondary market of the underlying security, in line with the expected return communicated to the potential investors and depending on viability of the plan in the best interest of the unitholders.
*Early redemption is subject to contingent load which shall commensurate with net loss incurred due to early redemption prior to initial/subsequent maturities and taxes as described in the Offering Documents of the fund.
Category: Open end Collective Investment Fixed rate/ return Scheme; Risk profile /Risk of Principal Erosion: Moderate/Principal at moderate risk. Management fee: Up to 8% of the gross earnings of the scheme, calculated on a daily basis, subject to minimum of 0.15% of the average daily net assets of the scheme. (Note: Performance is net of management fee and all other expenses based on dividend reinvestment and gross of withholding taxes where applicable). The plan is managed under NBP Mustahkam Fund. Minimum Investment Amount is Rs. 1,000,000 & above; Minimum Redemption amount is lower of Rs. 1,000,000 or full investment value. Risk Disclaimer: All Investments in mutual fund are subject to market risks. The investors are advised in their own interest to carefully read the contents of the Offering Document, in particular the Investment Policies mentioned in clause 2, Risk Factors mentioned in clause 2.9, taxation policies mentioned in clause 7 and warnings in clause 9 before making any investment decision. The use of the name and logo of National Bank of Pakistan does not mean that it is responsible for the liabilities/ obligations of the Company (NBP Fund Management Limited) or any investment scheme managed by it. Fixed return is on a net basis; any tax deduction will be the responsibility of the unit holders. Returns may include proceeds in the form of gross cash dividend during the Life of Plan and amount paid on redemption of units at maturity