The objective of JS Islamic Dedicated Equity Fund (JSIDEF) is to provide other ‘Fund-of Funds’ schemes a Shariah compliant avenue for taking exposure in Shariah Compliant Equities.
JSIDEF is an open-end Equity Fund that which primarily invest in Shariah Compliant Equity Securities and provides dedicated equity platform for Fund of Funds schemes.
Term Sheet JS Islamic Dedicated Equity Fund (JSIDEF) | |
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Launch Date | 06 March, 2018 |
Fund Type | Shariah Compliant Dedicated Equity Scheme |
Currency | PKR |
Minimum Investment | PKR 10,000/- |
Fund Manager | Mr. Khurram M. Arif , CFA |
Asset Manager Rating | AM 2 by JCR- VIS |
Pricing Mechanism | Forward |
Front End Load | 3% of Net Asset Value on Class B units |
Management Fee | 2% of Average Annual Net Assets |
Risk Profile | High |
Listing | Pakistan Stock Exchange |
Trustee | Central Depository Company of Pakistan Limited |
Auditor | KPMG Taseer Hadi & Co. |
Shariah Advisor | Al – Hilal Shariah Advisors |
Benchmark | KMI 30 index |
Halal Equity- based returns
Long term wealth creation solution
Diversified Equity Portfolio
Managed by Professional Fund Managers
Easy Investment & Withdrawal
No minimum holding period
Online portal facility