We offer a wide range of solutions to meet your needs

Mutual Funds (Collective Investment Schemes) give you affordable access to a wide variety of assets to meet your investment objectives, helping you minimize your risk while maximizing your returns.

Types of Mutual Funds

Equity Funds

Al Ameen Shariah Stock Fund

ASSF is an open-ended stock fund which aims to achieve long term capital growth by investing primarily in Shariah compliant equity securities.

Front-End Load: 2.5% of Net Asset Value

Management fee: up to 3% on average daily net assets

Back-End Load: Nil

Returns as per Fund Manager’s Report:

FY23 FY22 FY21 FY20 FY19
-1.9% -12.3% 34.00% 10.40% -18.40%

Taxes will be applicable as per current applicable rates

UBL Stock Advantage Fund

UBL Stock Advantage Fund is an open-ended stock fund which aims to maximize total returns and outperform its benchmark by investing in a combination of securities offering long term capital gains and dividend yield potential.

Front-End Load: 2.5% of Net Asset Value

Management fee: up to 3% on average daily net assets

Back-End Load: Nil

Returns as per Fund Manager’s Report:

FY23 FY22 FY21 FY20 FY19
-0.4% -11.5% 31.7% 4.90% -16.27%

Taxes will be applicable as per current applicable rates

Money Market / Income Funds

ALHAMRA ISLAMIC INCOME FUND

AHIIF is a Shariah Compliant Income Scheme whose objective is to generate risk adjusted returns by investing in short, medium and long-term Shariah Compliant Fixed Income instruments. You can explore growth and income options of ALHIIF.

Class A:

Front-End Load: 1.5% of Net Asset Value

Back-End Load: Nil

Class B:

Front-End Load: 0.75% of Net Asset Value

Back-End Load: Within 12 mos: 0.75%, Within 24 mos, 0.5%, Post 24 months: Nil

Management fee: Up to 20% of the gross earnings of the scheme calculated on a daily basis

Returns as per Fund Manager’s Report:

FY23 FY22 FY21 FY20 FY19
15.56% 8.93% 6.51% 11.63% 8.24%

Taxes will be applicable as per current applicable rates

UBL MONEY MARKET FUND (UMMF)

UMMF is a money market fund whose objective is to generate competitive returns within a low-risk portfolio to provide a regular stream of income and easy liquidity to its investors by investing a major chunk of the portfolio in short term government securities.

Front-End Load: 1% of Net Asset Value

Management fee: up to 2% per annum on average daily net assets

Back-End Load: Nil

Returns as per Fund Manager’s Report:

FY23 FY22 FY21 FY20 FY19
16.4% 9.4% 6.3% 12.1% 8.5%

Taxes will be applicable as per current applicable rates

ALHAMRA DAILY DIVIDEND FUND

The AHDDF aims at meeting investors’ short to medium term investment requirements. The scheme seeks to provide investors’ a daily dividend through investment in Shariah Compliant instruments.

Front-End Load: 1% of Net Asset Value

Management fee: Up to 20% of the gross earnings

Back-End Load: Nil

Returns as per Fund Manager’s Report:

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FY23 FY22 FY21 FY20 FY19
15.73% 10.5% 6.44% 11.86% 8.29%

Taxes will be applicable as per current applicable rates

Asset Allocation Funds

Al Ameen Islamic Asset Allocation Fund

AI-Ameen Islamic Asset Allocation Fund provides investors with a portfolio having a variable mix of asset classes. The fund has a provision to diversify its net assets across multiple types of Shariah Compliant securities and investment styles

Front-End Load: 3% of Net Asset Value

Management fee: 2% p.a of Net Asset Value

Back-End Load: Nil

Returns as per Fund Manager’s Report:

 

FY23 FY22 FY21 FY20 FY19
7.4% -0.1% 17.1% 9.8% ‐4.16%

Taxes will be applicable as per current applicable rates

UBL ASSET ALLOCATION FUND

The investment objective of UAAF is to earn competitive return by investing in money market, fixed income and equity securities based on the market outlook.

Front-End Load: 3% of Net Asset Value

Management fee: 1% p.a of Net Asset Value

Back-End Load: Nil

Returns as per Fund Manager’s Report:

 

FY23 FY22 FY21 FY20 FY19
7.5% 0.2% 16.5% 11.3% -1.7%

Taxes will be applicable as per current applicable rates

Pension Funds

Currently there are no products available in this category.

Limited Subscription Plans

Limited Subscription Plan offers potentially high returns through participation in Equity schemes and protect downside risk of capital through participation in Income/Money Market schemes. Limited Subscription Plans are of a limited time period (generally 2 years or more) and carry a back-end load on early redemption.

Note: Please check with your RM for product availability.

A mutual fund is an investment vehicle that collects money from many investors and invests the collected pool of money in various investment avenues. The fund is managed by experienced professionals, who manage the fund, and monitor its performance on an ongoing basis.

No. Mutual funds are not capital guaranteed; return on mutual funds is also dependent on the nature of the investment and the economic environment.

There is no ideal tenor for holding an investment. However, one should keep in mind their financial requirements, risk appetite and nature of the fund they are invested in.

No. Past performance is no guarantee of a fund’s future performance.

No. SCBPL is only a distributor of these funds as licensed by Securities and Exchange Commission of Pakistan through License to Act as Securities Adviser. SCBPL and its affiliates shall not be held responsible in any manner whatsoever to any person, including but not limited to, the client(s), beneficiary or any third party with respect to the performance of the fund / plan.

Islamic funds are different from conventional funds as their investments are limited to those that comply with Shariah Principles. These funds are carefully monitored by the Fund House’s Shariah Board/Shariah advisor to ensure all aspects of Shariah are adhered to.

You can get your funds back into your account within 7 working days from the date the application is received at the fund house.

A fund’s unit price, Net Asset Value (NAV), is published on the Fund House’s website as well as leading financial newspapers on a daily basis. You may obtain this NAV and multiply it with your number of units to get the current investment value.

Example: NAV is Rs 133.47. Your number of units are 40,000 * Rs 133.47= Rs 5,338,800/-

It is the fee charged by asset management companies (AMCs) for managing funds. It is calculated as a percentage of net assets under management and is typically quoted on an annual basis.

Front-end load is a commission or sales charge applied at the time of the initial purchase of the investment in a mutual fund. It is deducted from the initial investment amount, and as a result, lowers the size of the investment.

A back-end load is a fee that investors pay when selling mutual fund shares. The fee is calculated as a percentage of the value of the shares being sold.

The payment of profits, encashment value is subject to Zakat deduction (if attested copy of CZ-50 is not provided to Fund-House), Withholding Tax and/or Capital Gain Tax where applicable.

Disclaimer

The contents of this webpage are for general information only and do not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration. It has not been prepared for any particular person or class of persons and it has been prepared without regards to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase the product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.

Investments in Mutual Funds / Investment Products are subject to market risks. Past performance should not be taken as a guarantee of future performance and no representation or warranty, express or implied, is made regarding future performance. Please read the Trust Deed and the Offering Document of a Mutual Fund carefully to understand the investment policy of a Mutual Fund and the risks involved. Standard Chartered Bank (Pakistan) Limited is only the ‘Distributor’ of Mutual Funds in Pakistan. This literature constitutes a summary of products and while all reasonable care has been taken in preparing this document, no responsibility is taken by Standard Chartered Bank (Pakistan) Limited for any opinion expressed herein or any liability for any consequences, financial or otherwise, arising from the subscription or acquisition of these products. Investors should make their own appraisal and consult their own financial, legal, taxation and other professional advisors prior to any subscriptions. Any product details/offerings will be shared by Standard Chartered Bank (Pakistan) Limited after conducting Suitability Assessment and Financial Need Analysis of the client.

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