Lakson Asset Allocation Developed Markets Fund

Investment Objective


The investment objective of the Lakson Asset Allocation Developed Markets Fund is to provide long-term capital appreciation by investing in a mix of domestic debt and developed markets securities.


Investor Profile


Retail, Institutional and High Net Worth investors who want to take an exposure in the Developed Markets.


Category- Asset Allocation


The LAADMF can invest up to 100% of the assets in domestic debt markets and up to 30% (or USD 15 million) in international equity markets.

Returns as at August 31, 2017


 
6 Month
CY17-YTD
FY17-YTD
LAADMF
3.84%
7.47%
1.61%
Benchmark
4.37%
6.79%
1.58%

For Past three months3


 
Aug-17
Jul-17
Jun-17
LAADMF
0.42%
1.18%
-0.03%
Benchmark
0.30%
1.28%
0.43%

 

Investment Commitee

Babar Ali Lakhani Chairman
Kashif Mustafa
Mustafa O. Pasha, CFA
Saifullah Kazmi
Junaid Arshad
Tayyaba Azeem
Hassan Bin Nasir

 

Rating

 

3 Star

(JCR-VIS) has assessed the fund performance rankings of Lakson Asset Allocation Developed Markets Fund for the one year period ended 30 June 2017.

 

Key Fund Details
Fund Type Open-End
Category Asset Allocation Fund
Net Assets3
(PKR Mil.)
231
NAV (30.11.2011)1 102.0528
Pricing Mechanism Forward day
Trustee CDC Pakistan Limited
Auditor BDO Ebrahim & Co.
Management Fee 15% of the gross earnings of the Scheme, calculated on a daily basis. The fee is subject to a minimum of 1.25% and maximum of 2% of the average annual net assets of the Scheme.
Front End Load 2.50%
Back End Load None
Launch Date Oct 10, 2011
Benchmark

Weighted average daily return of 6M KIBOR and MSCI world Index based on the scheme's actual proportion in the dept and developed market securities.

Dealing Days Mon - Fri
Cut-Off Time 04:00 PM
Risk Profile Medium Risk
Asset Manager Rating AM2+ by PACRA (15.05.2017)


1 Updated Daily
2 Updated Weekly
3 Updated Monthly