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NBP Islamic Energy Fund

(Formerly NAFA Islamic Energy Fund)
Give your investment the energy to grow in an Islamic way

Investment Objective

NBP Islamic Energy Fund (NIEF) aims to provide investors with long term capital growth from an actively managed portfolio of Shariah Compliant listed equities belonging to the Energy Sector.

About the Fund

NIEF is a unique sector-based investment solution which allows you to invest in a diversified portfolio of listed Energy Sector Companies. The fund allows you to gain from the upside potential and growth of the Energy sector of Pakistan. Our expert Fund Managers based on the global oil price outlook and the country’s specific industry dynamics manage your investment in the fund to yield best returns. The Fund invest in shares of Oil & Gas Exploration, Oil Marketing, Refineries, Power Generation & Distribution Companies.

Benefits At a Glance

  • Capitalize on the growth of the energy sector
  • Expert fund managers managing investments based on global oil prices outlook and country-specific industry dynamics
  • Under the supervision of Shariah Supervisory Board including Dr. Imran Ashraf Usmani, Mufti Muhammad Naveed Alam & Mufti Ehsan Waquar.
  • No- Lock-in period, withdraw investment at any point without any penalty
  • Optional Life and Accidental Takaful Coverage of up to Rs. 50 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 fund if you want to

  • Benefit from the growth of the Energy sector of Pakistan
  • Invest in Shariah Compliant Energy Sector Stocks to benefit from increase in global oil prices
  • Professional Management of your Savings in the stock market
Fund Facts
Launch dateApril 21, 2016
Fund SizeRs. 620 million as at 31st January 2020
Risk ProfileHigh
CategoryOpen Ended Shariah Compliant Equity Scheme
Dealing Time(Monday-Thursday) 09:00 A.M. to 04:30 P.M.
(Friday) 09:00 A.M. to 05:00 P.M.
Management Fees 1.5% per annum
BenchmarkKMI 30 Index
Investment StrategyShariah-compliant listed equities in the Energy Sector (Oil & Gas Exploration, Oil Marketing Companies, Refineries, and Power Generation, etc.)
Bank Deposits, minimum “A-” rated
Shariah-compliant GOP Securities, with a max remaining maturity of 90 days
LoadFront 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
Minimum InvestmentGrowth Units: Rs. 10,000
Income Units: Rs. 100,000
RegulatorSecurities and Exchange Commission of Pakistan (SECP)
ListingPakistan Stock Exchange
Fund ManagerTaha Khan Javed, CFA
Asset Manager RatingAM1 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 Document to understand the investment policies and the risks involved.

FUND PRICES-NAV (Apr 07, 2020)

NBP ISLAMIC ENERGY FUND (FORMERLY: NAFA ISLAMIC ENERGY FUND)

Offer Price: 8.0841 / Redemption: 7.8190