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June 2016
Performance %
June
2016
CYTD
2016
FY
2016
FY
2015
FY
2014
FY
2013
FY
2012
Since Launch
August 20, 2010*
(0.2%)
8.8%
7.6%
24.6%
13.7%
32.0%
14.4%
18.8%
Benchmark**
1.9%
7.1%
6.2%
9.6%
15.3%
17.1%
8.1%
11.6%
NAAF
KSE-30
PER
8.9
10.0
PBV
2.5
2.2
60.0%
DY
5.2%
5.4%
3.8%
3.1%
2.9%
2.2%
2.1%
8.1%
50.0%
Annualized Return
Risk (Std. Deviation)
NAAF
15.1%
9.4%
Benchmark
10.3%
5.2%
Peers Avg.
11.8%
11.2%
Cum.
Return
NAAF, 52.5%
40.0%
Peers Avg.
40.6%
30.0%
Benchmark
34.2%
20.0%
10.0%
0.0%
-10.0%
30-Jun-16
31-Mar-16
60.8%
30.4%
7.8%
1.0%
100.0%
Nil
31-Dec-15
22.2%
12.2%
1.4%
64.2%
100.0%
Nil
30-Sep-15
30-June-16 31-May-16
30-Jun-15
31-Mar-15
Fund Manager:
Minimum
Subscription:
Asset Manager Rating:
NAAF started off the month with an allocation of around 61% in equities,
which decreased to around 22% due to fund to fund transfer at the end of the
month. NAAF underperformed the Benchmark in June as the Fund was
underweight in select Commercial Banks and Pharmaceuticals sectors stocks
which outperformed the market and overweight in select Oil & Gas Exploration
Companies, Engineering, Automobile Assembler and Glass & eramics sectors
stocks which underperformed the market. During the month, the allocation was
decreased primarily in Commercial Banks, Power Generation & Distribution
Companies, Fertilizer, and Automobile Assembler sector.
31-Dec-14
Benchmark:
30-Sep-14
Management Fee:
Risk Profile:
Listing:
Custodian & Trustee:
Auditors:
During the month under review, NAFA Asset Allocation Fund's (NAAF) unit
price (NAV) decreased by 0.2% while the Benchmark increased by 1.9%. Thus
your Fund underperformed the Benchmark by 2.1%. Since inception on August
20, 2010 the Fund has posted 174.9% cumulative return, versus 90.9% by the
Benchmark. Thus, to date the cumulative outperformance of your Fund stands
at 84%. This outperformance is net of management fee and all other expenses.
30-Jun-14
Settlement:
Pricing Mechanism:
Load:
31-Mar-14
31-Dec-13
Launch Date:
Fund Size:
Type:
Dealing Days:
Dealing Time:
The performance reported is net of management fee & all other expenses and based on dividend reinvestment
gross of with-holding tax where applicable.
**From January 01, 2014, KSE-30 Total Return Index
30-Sep-13
* Annualized Return
All Other returns are Cumulative
30-Jun-13
Performance Period
Equity
Equity
Equity
Equity
Equity
Equity
Equity
Equity
Equity
Equity
% of Total
Assets
1.1%
1.1%
1.1%
1.0%
1.0%
1.0%
0.9%
0.9%
0.9%
0.9%
9.9%
Disclaimer: This publication is for informational purposes only and nothing herein should be construed as a solicitation, recommendation or an offer to buy or sell any fund. All
investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Documents to understand the
investment policies and the risks involved.