JS Islamic Government Securities Fund
JS Islamic Government Securities Fund (JS IGSF) is an open end “Shariah Compliant Sovereign Income Scheme” which aims at generating a stable stream of current HALAL income while ensuring low risk and capital enhancement in the medium to long term by investing primarily in Shariah Compliant Government Securities.
Benefits of Investing
- Shariah compliance criteria set and monitored by Shariah Advisors
- Riba free and competitive returns
- Better expected returns compared to bank accounts.
- At least 70% of investment in Shariah Compliant Government Securities.
- Suitable for investors seeking stable returns of halal income
- Flexibility to withdraw your profit on monthly, quarterly, semiannual or annual basis*
- Tax Efficient returns and Tax Credit (Under prevailing Tax laws)
*Subject to terms and conditions as specific in the Offering Documents.
- Fund Name: JS Islamic Government Securities Fund (JS IGSF)
- Fund Type & Category: Open End –Shariah Compliant Sovereign Income Scheme
- Fund Rating: AA- (f)*
- Risk Profile: Low-Medium
- Benchmark: Average 6 month Placement (Deposit) rate of 3 Islamic Banks (including Islamic windows of Commercial Banks)
- Minimum Investment: 1 unit
- Front end Load: 1.00%
- Back end load: Nil
- Management Fee: 0.75% (Exclusive of SST & FED)
- Payment Instruction: Cheque or bank draft or pay order, made payable to “MCB FSL Trustee JS Islamic Govt. Securities Fund”
- Management Quality Rating: AM2 by JCR-VIS
*Rating by PACRA
For more information:
Toll free: 0800-00887
Product Page: http://www.jsil.com/details.php?fund_code=27
About JS Investments Limited
JS Investments Limited (JSIL) is a subsidiary of JS Bank Limited, and is the oldest Asset Management Company (established 1995) in Pakistan. JSIL is part of JS Group – one of Pakistan’s most diversified and prestigious financial groups, with a strong presence in the nation’s banking, insurance, brokerage, and asset management sectors.
JS Investments, with its fund management expertise, has become a reliable partner for investors seeking to achieve their financial goals. JSIL has been serving over 40,000 Institutional and Individual investors across the nation for more than 20 years.