• HABIB ASSET MANAGEMENT LIMITED

    BUILDING A BRIDGE TO YOUR FUTURE

  • HABIB ASSET MANAGEMENT LIMITED

    ANALYSIS ON LATEST MARKETING TRENDS

  • HABIB ASSET MANAGEMENT LIMITED

    BENEFIT FROM RETURNS ON A DAILY BASIS

  • HABIB ASSET MANAGEMENT LIMITED

    AN INVESTMENT THAT PROSPERS

First Habib Cash Fund

Fund Short Name: FHCF Launched on March, 10 2011

First Habib Cash Fund (FHCF) is an open-ended Money Market Fund having an objective of providing its unit-holders competitive returns from a portfolio of low risk, short duration assets while maintaining high liquidity. FHCF invests in term deposits with commercial banks and Government Securities (T-Bills). Rating of any security in the portfolio will not be lower than “AA”. FHCF will have no exposure in equities or long term debt instruments.

Investment Avenues & Restrictions

As per SECP's Circular No: 07 of 2009 dated March 06, 2009

  • Government Securities, cash and near cash instruments which include cash in bank accounts (excluding TDR’s), Treasury Bills, money market placements, deposits, certificate of deposits (COD), certificate of musharakas (COM), TDR’s, commercial papers, reverse repo.
  • No direct/indirect exposure to equities, that is no exposure in equities, MTS and Spread transactions, etc.
  • Rating of NBFC and Modaraba with which funds are placed should not be lower than AAA (Triple A).
  • Rating of any bank and DFI with which funds are placed should not be lower than AA (Double A).
  • Rating of any security in the portfolio shall not be lower than AA (Double A)
  • Time to maturity of any asset shall not exceed six (06) months and;
  • Weighted average time to maturity of the net assets shall not exceed ninety (90) days.

Trustee

Central Depository Company of Pakistan Limited

CDC House,
99-B, Block 'B' , S.M.C.H.S, Main Shahra-e-Faisal
Karachi-74400
Tel: (021) 111-111-500, 4326012
Help Desk: (021) 0800-CDCPL (23275)
Fax: (021) 4326005
Website : www.cdcpakistan.com.pk
Email : info@cdcpak.com

Registrar

JWAFFS REGISTRAR SERVICES (PVT.) LTD.

Kashif Centre,Room No 505, 5th Floor,
near Hotel Mehran, Shahrah-e-Faisal,
Karachi (Pakistan)
Tel: 35643871-72,
Fax: (92-21) 35643873
E-mail: jwaffs@live.com

Auditors

Ernst & Young Ford Rhodes Sidat Hyder
Chartered Accountants
Progressive Plaza,
Beaumont Road, Karachi.
Website : www.ey.com/pakistan
Email : frsh.khi@pk.ey.com

Initial & Subsequent Subscription

Fund Name Initial Subscription Subsequent
First Habib Cash Fund Rs. 1000/- Rs. 100/-

 

ANNOUNCEMENTS:

Announcement of interim Distribution for the year ending June 30, 2017 of First Habib Income Fund  CLICK THIS TO READ -----------------

Online Services are available at HAML WEB PORTAL -----------------

Fund Manager's Reports are available at FMR -----------------

Please find the Distribution history at DISTRIBUTION