JSPSF is designed to provide a reliable source of savings and retirement income to individuals. JSPSF is a voluntary pension scheme provides individuals the flexibility in contributions and portfolio customization through allocation of such contributions among equity and income investments avenues suited to specific needs and risk profiles.
JSPSF is a fund under Voluntary Pension System (VPS) which provides its investors with regular income after retirement when they can no longer earn regular income. There is a wide range of investment options depending on investors retirement goals, age and risk appetite.
|Term Sheet JS Pension Saving Fund|
|Fund Name||JS Pension Saving Fund|
|Retirement Age||Any age, between 60 to 70 years, of your choice|
|Allocation Scheme||High Volatility, Medium Volatility, Low Volatility, Lower Volatility|
|Early Retirement||Upon permissible disability, same benefits as per normal retirement|
|Free Insurance||Free accidental death and disability insurance of up to PKR 5 million|
|Fund Manager||Syed Sanakhawan Hussain Shah|
|Asset Manager Rating||AM 2 by JCR- VIS|
|Front End Load||3% of Net Asset Value|
|Risk Profile||Varies for every individual as per the selected "Allocation Scheme".|
|Management Fee||1.5% of Average Annual Net Assets|
|Trustee||Central Depository Company of Pakistan Limited|
|Auditor||A.F. Ferguson & Co.|