Fund Short Name: AHSF 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.
AHSF 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
Equity Scheme
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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.
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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
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It shall not take exposure in Margin Trading System (MTS)
Initial & Subsequent Subscription
|
Fund Name |
Initial Subscription |
Subsequent |
|
AL Habib Stock Fund (AHSF) |
Rs. 5000/- |
Rs. 1000/- |