Scribd Logo
Unggah

Selamat datang di Scribd!

  • Performance Data and Analytics Sep-13: Investment Philosophy Asset Allocation (%)

    Diunggah oleh

    Jazib Soofi
    25 tayangan1 halaman
    The JS Growth Fund is an open-end equity scheme that aims to enable investors to participate in a diversified portfolio of high-quality stocks listed on Pakistani stock exchanges. As of September 2013, the fund had net assets of PKR 3.67 billion and an NAV of PKR 128.63 per unit. In September, the fund outperformed its benchmark KSE-30 Index, delivering a return of 0.45% compared to the benchmark's return of -3.88%. The fund maintains a diversified portfolio across various sectors, with its largest allocations to oil & gas, non-life insurance, and telecommunication stocks.

    Deskripsi Asli:

    JS Growth Fund Managers Report

    Judul Asli

    FMR_JS_GF_SEP_2013

    Hak Cipta

    © Attribution Non-Commercial (BY-NC)

    Format Tersedia

    PDF, TXT atau baca online dari Scribd

    Apakah menurut Anda dokumen ini bermanfaat?

    Apakah konten ini tidak pantas?

    Laporkan Dokumen Ini
    The JS Growth Fund is an open-end equity scheme that aims to enable investors to participate in a diversified portfolio of high-quality stocks listed on Pakistani stock exchanges. As of September 2013, the fund had net assets of PKR 3.67 billion and an NAV of PKR 128.63 per unit. In September, the fund outperformed its benchmark KSE-30 Index, delivering a return of 0.45% compared to the benchmark's return of -3.88%. The fund maintains a diversified portfolio across various sectors, with its largest allocations to oil & gas, non-life insurance, and telecommunication stocks.

    Hak Cipta:

    Attribution Non-Commercial (BY-NC)
    Unduh sebagai PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    25 tayangan1 halaman

    Performance Data and Analytics Sep-13: Investment Philosophy Asset Allocation (%)

    Diunggah oleh

    Jazib Soofi
    The JS Growth Fund is an open-end equity scheme that aims to enable investors to participate in a diversified portfolio of high-quality stocks listed on Pakistani stock exchanges. As of September 2013, the fund had net assets of PKR 3.67 billion and an NAV of PKR 128.63 per unit. In September, the fund outperformed its benchmark KSE-30 Index, delivering a return of 0.45% compared to the benchmark's return of -3.88%. The fund maintains a diversified portfolio across various sectors, with its largest allocations to oil & gas, non-life insurance, and telecommunication stocks.

    Hak Cipta:

    Attribution Non-Commercial (BY-NC)
    Unduh sebagai PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    dari 1

    Performance data and analytics

    Investment philosophy

    MUFAP Recommended Format

    Sep-13
    Sep-13 27.00 71.97 1.03 Aug-13 21.33 75.59 3.08

    Asset allocation (%)


    Cash Equity Other including receivables

    The main objective of JSGF is to enable the Certificate Holders to participate in a diversified portfolio of high quality equity securities listed on the stock exchanges and to maximize the investment return, by prudent investment management.

    Key information
    Fund type Category Fund launch date Net Assets (PKR mn) NAV (PKR) Benchmark Management fee Front-end Load Back-end Load Pricing mechanism Trustee Dealing Days & Cut-off time Auditor Risk profile Listing Leverage AMC Rating Open end Equity Scheme 06 June, 2006 3,672.33 128.63 KSE30 Index 2.00% (Exclusive of Sindh Sales Tax) 3% of NAV (Applicable to Class "A") 20% of NAV (Applicable to Class "B") Forward MCB Financial Services Ltd (Monday to Friday) 3:00 p.m. Ernst & Young Ford Rhodes Sidat Hyder & Co. High KSE, LSE & ISE NIL AM2- (By JCR-VIS)

    Total

    100.00

    100.00

    Equity sector breakdown (%)


    Oil & Gas Non Life Insurance Fixed Line Telecommunication Food Producers Banks Others Total Sep-13 12.40 11.71 8.42 7.66 7.60 24.19 71.97 Aug-13 18.37 9.93 7.65 5.76 9.96 23.91 75.59

    Top holding (%age of total assets)


    Adamjee Insurance Co. Ltd. Pakistan Telecommunication Co. Ltd. Bank Alfalah Ltd. Nishat Mills Ltd. Pakistan State Oil Co. Ltd. Packages Ltd. Rafhan Maize Products Ltd. Pak Suzuki Motor Co. Ltd. D. G. Khan Cement Co. Ltd. IGI Insurance Ltd. 8.63 8.42 7.60 7.31 7.25 6.38 5.50 4.50 3.55 3.09

    Performance (%)
    Fund Benchmark Difference 1M 0.45 -3.88 4.33 1Y 47.39 27.25 20.14 2Y 91.26 47.76 43.50

    Cumulative return1 3Y Launch 128.59 61.85 71.39 36.13 57.20 25.72

    Monthly performance (%)


    Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun YTD Benchmark Difference FY14 11.41 -8.85 0.45 FY13 3.80 5.36 -0.71 2.34 6.32 1.24 2.12 7.11 2.25 3.00 14.87 -0.87 56.91 35.95 20.96 FY12 -1.13 -5.05 5.12 -3.31 -3.28 -3.95 8.93 9.60 6.89 2.49 2.07 -0.35 17.92 2.90 15.02 FY11 6.80 -7.98 2.96 2.45 6.24 9.50 1.43 -6.08 8.54 -0.09 1.98 -3.54 22.56 21.24 1.32 FY10 7.80 9.99 7.41 -0.95 -1.48 0.44 -0.62 -2.13 1.15 -0.19 -12.65 -0.54 6.51 26.22 -19.71

    Statistical analysis
    Beta Standard Deviation Largest Month Gain Largest Month Loss % Positive Months Fund 0.8 25.5% 18.9% -35.2% 59.1% Benchmark 1.0 29.8% 25.2% -45.1% 56.8%

    2.01 2.30 -0.29

    Fund manager's review


    During the month of September 2013, JS Growth Fund delivered a return of 0.45% as compared to its benchmarks return of -3.88%, thereby outperforming it by 4.33%.

    Investment Committee Members


    Mr. Rashid Mansur - Chief Executive Officer Mr. Khawar Iqbal - Chief Financial Officer Dr. Ali Akhtar Ali - CIO / Fund Manager Ms. Maleeha Mimi Bangash - Chief Strategy Officer Mr. Assad H. Khan - Country Head Business Development

    Contact us
    JS Investments Limited Toll Free: 0800 - 00887 E-mail: ir@jsil.com Website: www.jsil.com Disclosure for WWF Liability under Circular 17 of 2012
    The Scheme has maintained provisions against Worker's Welfare Funds liability to the tune of Rs. 59,551,562, if the same were not made the NAV per unit/return of the Scheme would be higher by Rs. 2.09 / 1.6%. For details investors are advised to read the Note 8 of the latest Financial Statements of the Scheme.
    1

    Cumulative return is based as per MUFAP stated methodology.

    Anda mungkin juga menyukai