Financial markets

Faysal Funds Update: December 2021 Prices

Strategic Insights

Dec 20, 2021 — 1 min read

Faysal Funds, a Pakistani asset management company, has released an update on its funds' prices for the month of December 2021. The update covers 22 funds, including equity, debt, and money market funds. The prices are as of the dates mentioned, and the information is available to the public through the company's website.

Key Takeaways:

Faysal Asset Allocation Fund, a actively managed fund, had an offer price of 75.69 and a redemption price of 73.2 as of December 20, 2021.
Faysal Islamic Asset Allocation Fund, a Shariah-compliant fund, had an offer price of 76.12 and a redemption price of 73.62 as of December 20, 2021.
Faysal Stock Fund, an equity fund, had an offer price of 68.22 and a redemption price of 65.98 as of December 20, 2021.
Faysal Sharia Capital Preservation Plan, a unit-linked plan, had a redemption price of 119.47 as of December 17, 2021, while its offer price was 0.
Faysal Islamic Doman Systematic Investment Plan, a long-term investment plan, had an offer price of 109.35 and a redemption price of 106.93 as of December 20, 2021.
All 22 funds have their prices updated, with most of them having their offer and redemption prices for December 20, 2021, listed.
The prices are available on the Faysal Funds website or through the customer service department.

Statistics:

22 funds had their prices updated for December 2021.
15 funds had a difference of 2.49% between their offer and redemption prices as of December 17, 2021.
Faysal Pension Fund-Money Market Sub Fund had an offer price of 104.3412 and a redemption price of 100.92 as of December 20, 2021.
Faysal Sharia Capital Preservation Plan-I had a redemption price of 119.47 while its offer price was 0 as of December 17, 2021.
All the funds have their prices available on the company's website, and the data can be accessed through the UAN or email.

Sources:

Faysal Funds website: http://www.faysalfunds.com/
Faysal Funds customer service department (UAN: +92-21-111-329-725, Email: customerservices@faysalfunds.com)

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