Lakson Equity Fund

Investment Objective


The investment objective of the Lakson Equity Fund is to provide long-term capital appreciation by investing mainly in equity and related listed securities. Investments will be made in companies of substance, financial strength and demonstrably superior management skills with some exposure given to smaller capitalized value stocks.


Investment & Suitability


The fund is best suited for investors seeking capital appreciation with a long term investment horizon.

Returns as at August 31, 2017


6 Months CY-17 - YTD FY17 - YTD
LEF
-12.05%
-10.73%
-11.43%
KSE-30**
-18.25%
-16.60%
-13.14%

 

For Past three months3


  Aug-17 Jul-17 Jun-17
LEF
-9.53%
-2.10%
-7.52%
Benchmark
-11.63%
-1.70%
-8.73%

 

Investment Committee


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

 

Rating  by PACRA

 

4 Star


PACRA has assigned 4 Star ranking to Lakson Equity Fund being managed by Lakson Investment Limited based on performance for the year ended December 31, 2016 (trailing 12 months for normal star rankings). And 3 Star ranking for the period ended December 31, 2016 (trailing 36 months for long term star rankings).

Press Release

Key Fund Details
Fund Type Open-End
Category Equity Fund
Net Assets
(PKR Mil.)
3,508
NAV (
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Pricing Mechanism Forward Day
Dist. Frequency Annually
Trustee CDC Pakistan Limited
Auditor KPMG Taseer Hadi & Co.
Management Fee 2.00%
Front End Load 3.00%
Back End Load None
Launch Date November 13, 2009
Benchmark KSE-30 Index (Total Return Index)
Dealing Days Mon-Fri
Cut-Off Time 04:00 PM
Risk Profile High Risk
Asset Manager Rating AM2+ by PACRA (15.05.2017)


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