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NAFA Islamic Active Allocation Plan – V

Halal Munafa - Sharaee usoolon kay Mutabiq

Investment Objective

NAFA Islamic Active Allocation Plan-V (NIAAP–V) aims to provide investors with an opportunity to earn attractive returns from an actively managed portfolio of Shariah-compliant Equity Fund and Income Fund.

About the Plan

NIAAP–V is a Shariah Compliant investment plan aimed to provide you with halal and attractive profits under the dynamic asset allocation strategy. This strategy allows our fund managers with the flexibility to increase equity exposure when they have a positive outlook on the stock market and to reduce equity exposure when the investment outlook is negative. NBP Funds qualified and experience investment management team has a proven track record of managing funds in this strategy.

The plan has an initial maturity period of 2 years and is presently closed for new subscriptions.

Key Benefits

  • Invest under the dynamic asset allocation strategy to grow your savings in medium to long term.
  • Professional fund management with a proven track record
  • Under the supervision of Shariah Supervisory Board including Dr. Imran Ashraf Usmani, Mufti Muhammad Naveed Alam & Mufti Ehsan Waquar.
  • No- Lock in period – withdraw your investment at any point without penalty
  • Free accidental takaful coverage of up to Rs. 10 lacs (Terms & Conditions Apply).
  • Avail up to 20% tax savings on your investment subject to conditions as per section 62 of Income Tax Ordinance 2001

Choose this Plan if you want to

  • Invest your savings under the asset allocation strategy to tap into long term growth of the stock market
  • Invest your medium to long term savings for more than 2 years
  • Enjoy shariah Complaint Returns
Fund Facts
Launch date Januray 12th, 2017
Category Open Ended Shariah Compliant Fund of Funds
Risk Profile Low to moderate
Minimum investment PKR Rs.10,000/-
Dealing Days & Cut Off Time (Monday-Thursday) 09:00 A.M. to 04:30 P.M.
(Friday) 09:00 A.M. to 05:00 P.M.
Benchmark Daily weighted return of KMI-30 Index & 6-month deposit rates of three A-rated Islamic Banks/Islamic windows of conventional banks as selected by MUFAP, with respect to the proportion of actual investment in underlying schemes.
Maturity The initial Maturity of the Plan is two (2) years from the commencement of the Life of the Plan. However, the duration of the Plan is perpetual.
Management Fees On invested amount in NBP Funds, no additional fee. Cash in Bank account: 1.25% p.a.
Structuring fee – upfront: 3% – One time in the perpetual life of the Plan
Back end Load Nil
Early Exit Fee: Nil
Fund Manager Sajjad Anwar, CFA
Asset Management Rating AM1 by PACRA (Very High Quality)

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.