Income Funds aim to deliver a regular and stable income while also targeting to preserve capital for the investors. These schemes generally invest in fixed income securities such as bonds, corporate bonds, government securities, and money market instruments.
ABL Government Securities Fund invests primarily in securities issued by the Government of Pakistan to provide a competitive stream of income on your investment thus providing an opportunity to invest in safe and secure opportunities.
The objective of the scheme is to deliver optimal risk adjusted returns by investing mainly in mix of short to long term Government Securities and other debt Instruments.
Strong long-term performance track record with cumulative annualized return since inception (November 28, 2011 till May 31st 2023) is 16.26% as against the benchmark return of 9.21% for the corresponding period.
*Investors are encouraged to consult their Investment advisor prior to investing in the product.
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| Scheme Name | ABL Government Security Fund |
|---|---|
| Categorization | Open-End Income Scheme |
| Date of Inception | November 28, 2011 |
| Fund Size |
PKR 655 Mn. as at May 31st 2023 |
| Objective of the scheme | To deliver optimal risk adjusted returns by investing mainly in mix of short to long term Government Securities and other debt Instruments. |
| Benchmark | 6 Months PKRV rates |
| Minimum Investment Amount | Initial Rs.5,000 (Subsequent Rs. 1,000) |
| Lock-In Period | None |
| Management Fee | 0.25% to 0.50% of Net Asset p.a. |
| Entry Load | Upto 1.5% |
| Exit Load | None |
| Systematic Investment Plan Facility | Yes |
| FY 22 | FY 21 | FY 20 | FY 19 | FY 18 | FY 17 | FY 16 | FY 15 | |
|---|---|---|---|---|---|---|---|---|
| ABL Government Securities Fund Returns | 8.25% | 5.08% | 15.30% | 7.73% | 5.09% | 5.10% | 8.03% | 15.14% |
| Benchmark Returns | 10.66% | 7.28% | 12.07% | 9.99% | 6.20% | 5.85% | 5.67% | 8.00% |
ABL Income Fund purposes to provide a supplement to your current income through the investments with no direct exposure to the stock market.
The Fund seeks to earn competitive risk adjusted rate of return by investing in a blend of short, medium and long-term fixed income and debt instruments, both within and outside Pakistan.
*Investors are encouraged to consult their Investment advisor prior to investing in the product.
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| Scheme Name | ABL Income Fund |
|---|---|
| Scheme type | Open-End Income Scheme |
| Date of Inception | September 20, 2008 |
| Fund Size |
PKR 7,264 Mn. as at May 31st 2023 |
| Objective of the scheme | To earn competitive risk adjusted rate of return by investing in a blend of short, medium and long-term fixed income and debt instruments, both within and outside Pakistan. |
| Benchmark | 6 Months KIBOR |
| Minimum Investment Amount | Initial Rs.5,000 (Subsequent Rs. 1,000) |
| Lock-In Period | None |
| Management Fee | 0.25% to 0.50% of Net Asset p.a. |
| Entry Load | Upto 1.5% |
| Exit Load | None |
| Systematic Investment Plan Facility | Yes |
| FY 22 | FY 21 | FY 20 | FY 19 | FY 18 | FY 17 | FY 16 | FY 15 | |
|---|---|---|---|---|---|---|---|---|
| ABL Income Fund Returns | 9.88% | 4.76% | 14.32% | 7.12% | 4.67% | 5.85% | 7.19% | 14.20% |
| Benchmark Returns | 10.80% | 7.41% | 12.23% | 10.30% | 6.35% | 6.10% | 6.54% | 9.01% |
