Fund Short Name: FHSF Launched on October, 10 2009
Investing in the stock market with limited funds and without/limited expertise is a risky business.This fund gives you the opportunity to take advantage of the equity market through a diversified investment portfolio even with a small amount.
FHSF is an open-ended Equity Fund with the investment objective of earning competitive returns and long term capital growth.
Investment Avenues & Restrictions
As per SECP's Circular No: 07 of 2009 dated March 06, 2009
Atleast 70% of Fund’s net assets shall remain invested in listed equity securities during the year based on quarterly average investment calculated on daily basis.
The remaining net assets shall be invested in cash and/or near cash instruments which include cash in bank accounts (excluding TDRs), and treasury bills not exceeding 90 days maturity; and
It shall not take exposure in Margin Trading System (MTS)
Initial & Subsequent Subscription
First Habib Stock Fund