February 2015

Managed by:

Al-Ameen Funds
Overview

Al-Ameen Funds
Who we are

WHOLLY OWNED
SUBSIDIARY

WHOLLY
OWNED
SUBSIDIARY

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

33

Al-Ameen Funds

Parentage
A wholly owned subsidiary of UBL Fund Managers, one of the
largest Asset Management Companies in Pakistans private sector
and itself a wholly owned subsidiary of United Bank Limitedone of
the largest commercial banks in Pakistan with a history of over 50
years.
UBL Funds has a history of over a decade of providing expert and
experienced investment solutions and advisory services for
institutional and individual clients across Pakistan and in the Middle
East.
Excellence
We have earned the trust of our clients through our continuous
commitment to progress, innovation and excellence.

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

Al-Ameen
Brand Identity
Al-Ameen Funds represents the rebranding of Islamic Investment Avenues
of UBL Fund Managers that manages Islamic Funds and Plans.
The name Ameen is an Arabic word that means
Trustworthy. It
symbolizes the trust that you bestow upon us by investing your hardearned funds with us. Trust is something we associate with family, friends,
advisors, confidantes, and goodness, and we are grateful that you have
made us a part of this category.
At Al-Ameen Funds, we guide our customers to make the right
investment decisions within the framework of Islamic Shariah.

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

2001
1
1
1
1
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founding year, 100% owned by United Bank Limited

Ranked No. 1 in Top of the Mind recall survey by AC Nielsen

AM2+ Rating High Management Quality (by JCR-VIS)

(Highest Management rating assigned to any AMC in Pakistan)

First AMC in Pakistan to offer CPPI-based product

First AMC in Pakistan to be GIPS compliant

Funds ranked No. 1 in Top of the Mind recall

survey by AC Nielsen

16k+ :

institutional & individual clients

59+ :

Billion Rupees

As of Jan 31st, 2015

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

64

Al-Ameen Funds
Islamic Investment Solutions
We have nearly 9 years of experience managing Shariah-compliant products.
Al-Ameen Funds investment shelf is comprised of:

Al-Ameen Islamic Aggressive Income Fund

*formerly Al-Ameen Islamic Income Fund (AIIF)

Al-Ameen Shariah Stock Fund

*formerly United Shariah Stock Fund (USSF)

Al-Ameen Islamic Sovereign Fund

*formerly UBL Islamic Sovereign Fund (UISF)

Al-Ameen Islamic Cash Fund

*formerly UBL Islamic Cash Fund (UICF)

Al-Ameen Islamic Retirement Savings Fund

*formerly UBL Islamic Retirement Savings Fund

Al-Ameen Islamic Principal Preservation Series

*formerly UBL Islamic Principal Preservation Series

Al-Ameen Islamic Asset Allocation Fund

*formerly UBL Islamic Asset Allocation Fund (UIAAF)

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

Al-Ameen Funds
Islamic Investment Solutions Cont.
Al-Ameen Islamic Children Savings Plan
*formerly UBL Islamic Children Savings Plan

Al-Ameen Islamic Mahana Munafa Plan

*formerly UBL Islamic Mahana Munafa Plan (UIMMP)

Al-Ameen Islamic Hajj Savings Plan

*formerly UBL Hajj Savings Plan (UHSP)

Al-Ameen Islamic Wealth Builder Plan

*formerly UBL Wealth Builder Plan

Al-Ameen Islamic Equity Builder Plan

*formerly UBL Equity Builder Plan

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

10

Al-Ameen Funds
Shariah Advisory Board

All investments made in the Islamic Funds are

approved and monitored by the Shariah Advisory
Board that comprises of renowned Islamic Scholars.
Mufti M. Hassaan Kaleem
Mufti M. Najeeb Khan

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

11

Al-Ameen Funds
Some of our corporate clientele
Financial
Institutions

Oil &
Energy

Others

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

12

Diversified Product Range

Mutual Funds

Please note: All figures are till Jan 31, 2015

13

Our track record in Funds & Plans

Employing Principal Protection
Investment Solution

Launched Duration

Absolute Return
till January 31, 2014
Fund/ Plan

Benchmark

UBL Principal Protection Plan I

Jul-08

3 yrs

Principal Protected

UBL Principal Protected Plan II

May-09

1.5 yrs

26.2% at maturity

UBL Principal Protected Fund I

Feb-12

2 years

63.72% at maturity

85.96%

Al-Ameen Islamic Principal Preservation Fund I

Apr-13

20 mos

54.92%

48.83%

UBL Principal Protected Fund II

Jul-13

17 mos

33.02%

37.38%

Al-Ameen Islamic Principal Preservation Fund II

Nov-13

13 mos

34.23%

28.47%

UBL Principal Protected Fund III

Mar-14

9 mos

22.74%

25.16%

Al-Ameen Islamic Principal Preservation Fund III

Jun-14

6 mos

18.72%

14.36%

Al-Ameen Islamic Principal Preservation Fund IV

Oct-14

2 mos

14.54%

13.91%

Al-Ameen Islamic Principal Preservation Fund V

Dec-14
1 mo
Please note: AIPPF-I has locked-in
, UPPF-II
, AIPPF-II

21%

8%

8.22%
6%, and UPPF-III
2% of5.25%
their

returns, hence an investor will be securing this minimum amount at maturity!

The profit lock-in feature helps to secure a certain percentage of unrealized gain (if any) from the equity portion in case of any subsequent fall in the
stock market.

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

14

Growing Confidence of our Investors

in every tranche we launch!
2500

Fund Size at Launch (Mn)

2218

2000
1587
1358

1500
1000
500

738

818

983

384

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

13

964

Separately Managed Accounts

Complete Portfolio Management

16

Separately Managed Accounts

Single-Window Solution
Investment programs should be developed with a view to enhancing yields. We believe that this
requirement can be filled by initiating an investment program which can be managed in one of the
three ways outlined below.

Drive Yourself

Managing your own portfolio is like driving yourself.

It is flexible, and self-directed, but it takes time, knowledge
and resources to find the right route and make sure youve
remained on it.

Take a Bus

Investing in a mutual fund is like taking the bus.

A professional driver stewards the bus, but you must share
the exact ride with everyone else. The Fund Manager has
control and attention and profits are equally divided.

Hire a Driver

Managed accounts are like hiring a professional driver.

They allow you to have greater control, receive more
attention and individualize your trip. The driver takes care of
getting you where you need to go and paying attention to you.

Option 1

Option 2

Option 3

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

17

Investment Avenues
Understanding Volatility

EQUITY

High

DEBT /
FIXED
INCOME

MONEY
MARKET

CAPITAL
PROTECTED

Medium

Low

Lowest

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

18

Separately Managed Accounts

Single-Window Solution

Without Al-Ameen Funds

With Al-Ameen Funds

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

19

SMA Key Mandates

Superior Investment Performance
Type of
Client

Mandate Type
Fixed
Income/Equity

12M
rolling
Portfolio
return

12M
rolling
Benchmar
k return

Since
Inception
Portfolio
Performance
*

Since
Inception
Benchmark/
Target
Return*

Financial
(01-Dec-08)

Providen
t Fund

70% / 30%

24.1%

15.0%

208.8%

137.0%

Financial
(01-Dec-08)

Gratuity
Fund

70% / 30%

27.0%

15.0%

198.9%

137.0%

Pharma
(08-Oct-11)

Providen
t Fund

70% / 30%

28.2%

11.8%

92.9%

55.4%

Pharma
(08-Oct-11)

Gratuity
Fund

70% / 30%

27.5%

11.8%

90.1%

55.4%

Chemicals
(May13)

Providen
t Fund

70% / 30%

23.8%

11.8%

36.9%

22.3%

Power
(02-Jun-13)

Pension
Fund

60% / 40%

37.6%

13.7%

50.5%

24.8%

Power
(02-Jun-13)

Gratuity
Fund

60% / 40%

37.2%

13.7%

48.5%

24.8%

Client

Figures are absolute returns since inception till Jan 31, 2015.

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

20

SMA Key Mandates

Superior Investment Performance
12M
rolling
Benchmar
k return

Since
Inception
Portfolio
Performance
*

Since
Inception
Benchmark/
Target
Return*

Type of
Client

Mandate Type
Fixed
Income/Equity

12M
rolling
Portfolio
return

Power
(02-Jun-13)

Providen
t Fund

60% / 40%

36.6%

13.7%

47.9%

24.8%

Telecom
(16-Jun-14)

Gratuity
Fund

70% / 30%

19.4%

7.8%

19.4%

7.8%

Personal
Goods
(28-Aug-14)

Gratuity
Fund

70% / 30%

23.6%

7.8%

23.6%

7.8%

Personal
Goods
(28-Aug-14)

Providen
t Fund

70% / 30%

20.7%

7.8%

20.7%

7.8%

Telecom
(02-Nov-11)

Providen
t Fund

100% FI

19.2%

10.1%

12.9%

10.4%

Personal
Goods
(15-Jul-14)

Providen
t Fund

100% FI

30.3%

10.0%

30.3%

10.0%

Client

Figures are absolute returns since inception till Jan 31, 2015.
Returns of Fixed Income mandates are annualized.
For mandates with inception dates within 12 months, rolling returns are the same as since inception returns.
2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

21

SMA Key Mandates

Superior Investment Performance
Type of
Client

Mandate
Type
Fixed
Income/Equi
ty

12M rolling
Portfolio
return

12M
rolling
Benchmar
k return

Since
Inception
Portfolio
Performanc
e*

Since
Inception
Benchmark/
Target
Return*

NGO
(19-Apr-12)

Trust

100% Equity

58.4%

23.5%

208.4%

44.1%

Media
(27-May-13)

Pension
Fund

100% Equity

38.5%

19.4%

69.8%

40.1%

NGO
(24-Sep-11)

Trust

Principal
Preservation

21.2%

14.0%

98.4%

55.7%

Personal
Goods (04Oct-11)

Providen
t Fund

Principal
Preservation

14.8%

10.0%

106.4%

47.1%

Energy &
Power
(24-Jan-13)

Pension
Fund

Principal
Preservation

28.4%

22.6%

82.4%

70.2%

Energy &
Power
(24-Jan-13)

Providen
t Fund

Principal
Preservation

28.0%

22.6%

82.1%

70.2%

Client

Figures are since inception returns till Jan 31, 2015.

Benchmark return of the Equity mandate belonging to NGO represents absolute return of KSE-30 index return. The portfolio has a fixed
benchmark of 14% p.a. compared to portfolios annualized return of 51.7% p.a. since inception.
The performances of Energy & Power CPPI based mandates are being compared to KSE 30 total return Index due to absence of official
benchmark. The mandates have not only preserved capital but have also generated returns greater than the KSE 30 Index.

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

22

Why Equities?
Equities win the race
Average Annual Returns (Jan 2001 Dec 2014) (CAGR)
4.0%

USDPKR

8.9%

Inflation

9.2%

1 Yr T-Bills

11.4%

NSS

15.5%

Gold

24.4%

KSE-100

0%

5%

Source: SBP, KSE, Reuters, Savings.gov.pk

10%

15%

20%

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

25%
23
8

Common Oversights
Nominal vs. Real returns
Pakistan Nominal and Real Returns (Jan 01 - Dec 14)

24.00%

24.41%

19.00%

14.00%

15.55%

15.54%

9.00%

10.83%

10.25%

11.40%
9.23%
6.68%

4.00%

4.04%
2.53%

-1.00%

1.96%

1.38%

0.36%
-4.83%

-6.00%
Source: SBP, KSE, Reuters, Savings.gov.pk

Nominal Rates of Return (p.a.)

Real Rates of Return (p.a.)

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

Disclaimers
Capital protection only applies to unit holders who hold their
investments until maturity date.
All investments in mutual funds are subject to market risks.
The NAV of units may go down or up based on the market
conditions. The investors are advised in their own interest
to carefully read the contents of Offering Documents in
particular the investment policies & risk factors mentioned
and warnings before making any investment decision.

2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.

25

Toll Free:
0800-00026
SMS: Ameen to 8258
Website:
www.alameenfunds.com

www.AlAmeenFunds.com
2015 Al-Ameen Islamic Financial Services Limited. All rights reserved.
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