The objective of NBP Government Securities Plan – II is to provide attractive return primarily by investing in Government Securities.
| Fund Facts | |
|---|---|
| Plan Category | Open End Income Scheme |
| Subscription Date | February 28th, 2023 |
| Benchmark | Benchmark of NBP Government Securities Plan – II shall be Average 6 Month PKRV Rates. |
| Risk Profile/Risk of Principal Erosion | Medium/Principal at Medium Risk |
| Fund Size | 30 Million as of August 31, 2024 |
| Sales Load | Up to 3% |
| Back-End Load | 0% |
| Contingent Load** | Contingent load shall commensurate with net loss and/or impact cost incurred due to Early Redemption, as determined by the Management Company |
| 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. 0.52% p.a of average net assets during the month. |
| Dealing Days | During Subscription Period: Mon to Fri: 9:00 A.M to 5:30 P.M During Life of Plan: Mon to Fri: 9:00 A.M to 2:00 P.M |
| Auditors | Yousuf Adil, Chartered Accountants |
| Fund Manager | Salman Ahmed, CFA |
| Asset Manager Rating | AM1 by PARCA (Very High Quality) |
Disclaimer; *Weighted average distribution in the fund will be based on actual asset allocation of the fund. **Early redemption is subject to contingent load which shall commensurate net loss and/or impact cost incurred due to early redemption prior to initial/subsequent maturities and taxes as described in the Offering Documents of the fund. The plan is managed under NBP Government Securities Fund-I. 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 and/or supplemental offering document, in particular the Investment Policies mentioned in clause 2, Risk Factors mentioned in clause 2.4, taxation policies mentioned in clause 7 and warnings in clause 9 before making any investment decision. NBP Fund Management Limited (NBP Funds) or any of its sales representative do not offer or issue or assume any guarantee for the protection/preservation of the principal investment or any return on such investment,and the investment portfolio/plan is subject to market another risk. The coupon and yield of floating rate Government Security may vary on each coupon resetting dates. 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. 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.