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NBP Balanced Fund (NBF) provides investors with a combination of capital growth and income. It aims to achieve attractive returns at moderate levels of risk by investing in a variety of asset classes such as Stocks, Bonds, and Money Market instruments etc.
NBP Balanced Fund is an open-ended Balanced Fund that offers you to invest in a diversified portfolio with a medium to long term investment horizon. This fund takes a balanced approach by investing your savings in a mix of high potential equity as well as low risk fixed income securities yielding attractive returns.
The balanced growth strategy makes the fund a perfect match for an investor looking to grow their savings while taking moderate risk. There is no lock-in period and you can redeem your investments anytime without penalty.
|Launch date||January 19, 2007|
|Fund Size||Rs. 1,380 million as at 31st October 2019|
|Category||Open End – Balanced Fund|
|Dealing Time||(Mon-Thurs) 9:00AM to 4:30PM |
(Friday) 9:00AM to 5:00PM
|Minimum Investment||Growth units – Rs.10,000/-|
Income units – Rs.100,000/-
|Benchmark||Daily weighted return of KSE-30 Total Return Index & 6-month KIBOR based on Fund’s actual allocation.|
|Management fees||1.5% per annum|
|Load||Front End Load (Individual): 3%|
On investment above Rs. 101 million = Nil
Front End Load (Other): 3%
On investment above Rs. 50 million = Nil
Back End Load: Nil
|Asset Manager Rating||AM1 by PARCA|
|Listing||Pakistan Stock Exchange|
|Fund Manager||Taha Khan Javed, CFA|
* Ending October 31, 2019. Since inception return from 19-Jan-07 till 31-Oct-19 was 12.5% p.a. vs. benchmark return of 7.9% p.a. Last one year return till 31-Oct-19 was -7.2% p.a vs benchmark return of -0.7%p.a. Returns for fiscal year 2019, 2018, 2017, 2016 and 2015 were -8.5% , -6.2% , 28.4% , 8.7% , 26.8% respectively vs benchmark returns of -3.6% , -2.8% , 14.1% , 7.1% , 11.0% .; Notes: 1) The calculation of performance does not include cost of front end load. 2) Taxes apply. Further, tax credit also available as per section 62 of the Income Tax Ordinance, 2001; Disclaimer: All investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of future results.Please read the Offering Documents to understand the investment policies and the risks involved. The scheme holds certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and Financial statements. The reported return may include provisions and reversal of provisions against some debt securities.
Offer Price: 20.7431 / Redemption: 20.0630