Lahore, March 11, 2023 (PPI-OT): MCB DCF Income Fund (the “Fund”) is a medium-risk profile fund. At end Dec’22, largely the portfolio was invested in Government Sukuk/Securities of 77.6%, 18.4% in TFCs/Sukuks, 2.4% in Cash at Banks, while remaining was invested in
Lahore, March 11, 2023 (PPI-OT): Alhamra Islamic Income Fund or the “Fund” is a medium-risk profile fund. At end-Dec’22, the portfolio was invested 36.7% in Cash at Banks, 28.1% in Government Securities, 24.8% in Sukuk, 8.3% in Shariah Compliant Bank Deposits, whereas,
Lahore, March 11, 2023 (PPI-OT): Pakistan Income Enhancement Fund or the “Fund” is a medium-risk profile fund. The assigned rating reflects the moderate strength of the Fund’s credit and interest rate risk profile. At end Dec’22, the Fund was largely invested in
Lahore, March 11, 2023 (PPI-OT): NIT Government Bond Fund (or the ‘Fund’) is a medium risk profile Fund. The assigned rating reflects the Fund’s moderate credit risk profile emanating from Fund’s Investment policy to invest in avenues with sound liquidity. The Fund
Lahore, March 06, 2023 (PPI-OT): Lakson Islamic Money Market Fund (or the ‘Fund’) is a low-risk profile fund. The assigned rating rating reflects the Fund’s low credit risk profile emanating from the fund’s investment policy to invest in strong credit quality investment
Lahore, March 06, 2023 (PPI-OT): The rating reflects the fund’s moderate credit risk profile emanating from its investment strategy to invest in good credit quality investment avenues with sound liquidity. At end Dec’22, 38% of the Fund’s assets were allocated to Cash
Lahore, March 06, 2023 (PPI-OT): US Apparel and Textiles (Private) Limited (US Apparel) is a prominent textile venture of US Group. The group companies operate under the umbrella of AJ holdings – the flagship HoldCo of the group. The group leveraging is