MCB and Alhamra Funds Update NAV for July 25, 2022

Strategic Insights -

Karachi -- July 26, 2022 (PPI-OT), the MCB and Alhamra funds have provided an update on their Net Asset Value (NAV) for July 25, 2022. The NAV for various funds, including equity, income, asset allocation, and money market schemes, have been updated, providing investors with the latest information to make informed decisions. This update includes the NAV, offer price, and redemption price for each fund, allowing investors to track their investments and make timely decisions.

Key Takeaways:

  • The MCB Pakistan Stock Market Fund has a NAV of 82.012, an offer price of 84.7922, and a redemption price of 82.012.
  • The Pakistan Income Fund has a NAV of 54.7537, an offer price of 55.9911, and a redemption price of 54.7537.
  • The MCB Pakistan Sovereign Fund has a NAV of 53.8, an offer price of 54.71, and a redemption price of 53.8.
  • The Pakistan Islamic Pension Fund - Debt has a NAV of 263.37, an offer price of 263.37, and a redemption price of 263.37.
  • The MCB Pakistan Fixed Return Fund has a NAV of 97.9524, an offer price of 101.273, and a redemption price of 97.9524.
  • The Alhamra Islamic Pension Fund - Equity has a NAV of 508.04, an offer price of 508.04, and a redemption price of 508.04.
  • The Pakistan Pension Fund - Equity has a NAV of 470.64, an offer price of 470.64, and a redemption price of 470.64.
  • The Pakistan Disclosure and Credit Rating Agency, or PDCA, maintains a comprehensive database on mutual funds, including NAV updates.

Statistics:

  • 13 MCB funds have their NAV updated for July 25, 2022.
  • 8 Alhamra funds have their NAV updated for July 25, 2022.
  • The MCB Pakistan Stock Market Fund has an offer price of 84.7922, which is 2.78% higher than the NAV.
  • The Pakistan Income Fund has a NAV of 54.7537, making it one of the lowest NAV funds in the MCB portfolio.
  • The Pakistan Pension Fund - Equity has a NAV of 470.64, which is the highest NAV fund among all 21 funds listed.
  • The Alhamra Islamic Pension Fund - Equity has a NAV of 508.04, making it the second-highest NAV fund.

Sources:

  • MCB-Arif Habib Savings and Investments Limited
  • Arif Habib Centre, 23 M.T. Khan Road, Karachi-74000, Pakistan
  • Phone: +92-21-111-468-378
  • Fax: +92-21-32470351
  • Email: marketing@arifhabib.com.pk
  • Website: http://www.arifhabib.com.pk