Faysal Funds Offer Prices and Redemption Prices as of October 2021

Strategic Insights -

Faysal Funds, a renowned asset management company, has recently released the offer prices and redemption prices for its various mutual funds as of October 2021. The company offers a diverse range of funds catering to different investment objectives and risk profiles, including income and growth, Shariah-compliant, and pension funds. The updated prices are essential for investors to make informed decisions about their investments.

Key Takeaways:

  • Faysal Asset Allocation Fund, Faysal Islamic Asset Allocation Fund, and Faysal Stock Fund have offer prices of 77.7, 75.13, and 71.94, respectively, as of October 8, 2021.
  • Faysal Income and Growth Fund, Faysal Islamic Savings Growth Fund, and Faysal Savings Growth Fund have offer prices of 111.87, 107.99, and 107.51, respectively, as of October 8, 2021.
  • Faysal Financial Sector Opportunity Fund and Faysal MTS Fund have offer prices of 107.55 and 105.95, respectively, as of October 8, 2021.
  • Faysal Sharia Planning Funds (I and II) have offer prices of 0 and 0, respectively, as of October 7, 2021, with redemption prices of 112.36 and 120.3, respectively.
  • Faysal Halal Amdani Fund and Faysal Financial Planning Fund have offer prices of 104.9766 and 0, respectively, as of October 11 and 7, 2021, with redemption prices of 102.6565 and 114.83, respectively.
  • Faysal Government Securities Fund, Faysal Islamic Dedicated Equity Fund, and Faysal Islamic Cash Fund have offer prices and redemption prices as of October 8, 2021.

Statistics:

  • The offer prices for Faysal Funds range from 71.94 (Faysal Stock Fund) to 123.8 (Faysal Financial Value Fund).
  • The redemption prices for Faysal Funds range from 69.58 (Faysal Stock Fund) to 120.3 (Faysal Sharia Planning Fund-II).
  • The number of Faysal Funds listed is 23, with various assets managed across different categories.
  • The corresponding securities markets have a significant impact on the respective asset prices.

Sources:

  • PPI-OT
  • Faysal Funds website: http://www.faysalfunds.com/