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Income funds are a kind of exchange-traded fund (ETF) or mutual funds, emphasizing on current income. As opposed to appreciation or capital profits, income funds are either based on monthly or quarterly. Income funds in Pakistan hold a plethora of debt obligations, including municipal, corporate and government.
Generally, income funds don’t have a fixed share price and their rising or falling interest rates determine the price. Depending on your needs and income, you can either choose high-yield bond funds or bank loan funds. High-yield bond funds are mainly invested in junk bonds while bank loan funds can be invested in bank issued floating loans. Whatever your choice may be, the main goal of income funds is to generate income, allowing you to relax and enjoy another source of steady income.
If you’re looking for income funds in Pakistan, you’ve come to the right place. Our investment managers and representative can help you find income funds that fit your needs. Feel free to schedule a meeting and we’ll get back to you.