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Every available approved reporting period. Missing months are not invented.
Selected period: Aug 2026
Available report facts, with the gaps kept visible. Missing here does not mean unpublished by the AMC.
Report text provided through the public API.
To provide income enhancement and preservation of capital by investing in prime quality Financial Sector TFCs/Sukuks, Bank deposits and short-term money market instruments.
The Fund generated an annualized return of 10.7% p.a. during the month versus the Benchmark return of 11.1% p.a. Since its launch in October 2011, the Fund has generated an annualized return of 11.2% p.a. against the Benchmark return of 10.7% p.a., hence an out-performance of 0.5% p.a. This out-performance is net of management fee and all other expenses. The Fund is unique as it invests a minimum 70% of its assets in Financial Sector (mainly banks) debt securities, instruments or deposits. The minimum entity rating of issuers of debt securities is "AA-". This minimizes credit risk and at the same time enhances liquidity of the Fund. Duration of the overall portfolio cannot be more than one year. This minimizes interest rate or pricing risk. Exposure in Corporate TFC & Ijarah Sukuk is 3.4% of Net Assets at the end of the month with average time to maturity of around 4.8 years. The TFC portfolio of the Fund is predominantly floating rate linked to KIBOR. The weighted average time-to-maturity of the Fund is around 167 days. We will rebalance the allocation of the Fund proactively based on the capital market outlook.