JS Islamic Income Fund

(Formerly: JS Islamic Government Securities Fund) (JS IIF)

JS Islamic Income Fund (Formerly: JS Islamic Government Securities Fund) (JS IIF)is an open end “Shariah Compliant Income Scheme” The objective of JS Islamic Income Fund (Formerly: JS Islamic Government Securities Fund) (JS IIF) is to generate stable returns and ensure capital preservation over medium to long term, by investing primarily in quality Sukuks,Shariah-compliant Government Securities, Shariah-compliant Bank Deposits and other Shariah-compliant debt instruments.

Benefits of Investing

Shariah compliance criteria set and monitored by Shariah Advisors

Riba free and competitive returns

Better expected returns compared to Shariah-compliant bank accounts.

Suitable for investors seeking stable returns of halal income

Flexibility to withdraw your investment anytime

Tax Efficient returns and Tax Credit (Under prevailing Tax laws)

*Subject to terms and conditions as specific in the Offering Documents.

Product Summary

Fund Name: JS Islamic Income Fund (Formerly: JS Islamic Government Securities Fund) (JS IIF)

Fund Type & Category: Open End Open-End Shariah Compliant Income Scheme | Perpetual

Fund Rating: AA- (f)

Risk Profile: Low-Medium

Benchmark: The performance benchmark of the scheme shall be “Six (6) months average deposits rate of three (3) A rated scheduled Islamic banks or Islamic windows of conventional banks as selected by MUFAP”.

Minimum Investment: 1 unit

Front end Load: Up to 1%

Back end load: Nil

Management Fee: 1.00% p.a.

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

Management Quality Rating: AM2 by JCR-VIS

*Rating by PACRA

For more information:

Toll free: 0800-00887

Website: www.jsil.com

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.