JS Islamic Hybrid Fund of Funds

JS Islamic Hybrid Fund of Funds (JS IHFoF) offers investors a suite of Allocation Plans designed for different investment goals.

The Allocation Plans invest in selected Shariah Compliant Income, Money Market and Equity Schemes offered by the entire Mutual Fund industry of Pakistan.

Investment Objective:

JS Islamic Hybrid Fund of Funds aims to generate need based returns for its clients by offering several Allocation Plans with varying mix of exposures to low / high risk asset classes via underlying mutual funds. Investment Objectives of the Allocation Plans initially offered under JSIHFOF are as follows:

Mustanad (Income Focused Plan): To provide a stable stream of income by investing solely in “Income Portion” and Cash instruments. This Allocation Plan is suitable for Investors who have very low risk tolerance.

Mustahkem (Balanced Plan with Income preference): To provide enhanced returns by primarily investing “Income portion”, and enhance returns through limited exposure to “Equity Portion”.
This Allocation Plan is suitable for Investors who have low to moderate risk tolerance.

Mutanasib (Active Allocation Plan): To provide high risk-adjusted returns through a robust and active asset allocation strategy between “Equity Portion” and “Income portion”. The Plan shall attempt to benefit from performance of Equity schemes and limit downside risk by active reallocation of its portfolio between Equity Portion and Income Portion. This Allocation Basket/Plan is suitable for Investors who have a relatively higher risk tolerance.

Mufeed (Balanced Plan with Equity preference): To provide enhanced growth potential by taking high exposure in “Equity Portion”, while keeping an appropriate exposure to “Income portion”, to optimize risk. This Allocation Plan is suitable for Investors who have a moderate to high risk tolerance.

Munafa(Equity Focused Plan): To provide high risk-adjusted returns through a dedicated strategy of investment in “Equity Portion”. This Allocation Basket/Plan is suitable for Investors who have a high risk tolerance.

Benefits of Investing

  • A diverse portfolio of mutual funds; mitigate risk relating to the decisions of a single manager
  • Investment in desirable institutional Shariah Compliant Funds
  • Tax efficient returns and tax credit (under prevailing tax laws)

Product Summary

Fund Name: JS Islamic Hybrid Fund of Funds (JS IHFoF)

Fund Type&Category: Open-end – Shariah Compliant Fund of Funds

Risk Profile: Low – Moderate – High (as per allocation basket/plan)

Benchmark: Weighted average daily return of KMl-30 Index, six (6)/three (3) month average deposit rates of three (3) ‘/:\ rated scheduled Islamic Banks or Islamic Banking windows of scheduled Commercial Banks, as selected by MUFAP based on actual proportion of the Equity Portion consisting of Shariah Compliant Equity Funds, Income Portion consisting of Shariah Compliant Income and Money Market Funds, and any cash or near cash instruments in each of the Allocation Baskets

Minimum Investment: 1 unit

Front-end Load: Mustanad 00/4 I Mustahkem 0.5% I Mutanasib up to 3% I Mufeed up to 3% I Munafa up to 3% of NAV (FED & SST rate applicable)

Back-end Load: Nil

Management Fee: Nil (Up to 1% M.Fee p.a. applicable on investments made in CIS not managed by JSIL

Payment Instruction: Cheque or bank draft or pay order, made payable to”MCB FSL Trustee JS Islamic Hybrid Fund of Funds”

For more information:

Toll free: 0800-00887

Website: www.jsil.com

Product Page:  http://www.jsil.com/details.php?fund_code=29

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.