MCB-Arif Habib Savings and Investments Limited Announces NAV for Various Funds

Strategic Insights -

MCB-Arif Habib Savings and Investments Limited has released the Net Asset Value (NAV) for its various mutual fund schemes as of August 15, 2022. The funds cater to different investor profiles, including equity, income, asset allocation, and Shariah-compliant schemes. The NAV for each fund is as follows:

Key Takeaways:

  • MCB Pakistan Stock Market Fund's NAV is 91.6516, while Pakistan Income Fund's NAV is 55.4352 as of August 15, 2022.
  • The NAV for MCB Pakistan Sovereign Fund and MCB DCF Income Fund stands at 54.59 and 109.1438, respectively, on the same date.
  • Pakistan Income Enhancement Fund's NAV is 55.3051, and MCB Pakistan Opportunity Fund's NAV is 101.1125 as of August 15, 2022.
  • The NAV for Pakistan Cash Management Fund and MCB Cash Management Optimizer stands at 50.4678 and 102.1232, respectively, on August 16, 2022.
  • Pakistan Capital Market Fund's NAV is 11.13, and the Shariah Compliant Money Market Scheme, Alhamra Islamic Money Market Fund, has a NAV of 99.51 as of August 15, 2022.
  • Alhamra Islamic Income Fund, Alhamra Daily Dividend Fund, and Alhamra Islamic Stock Fund have NAVs of 103.8232, 100, and 9.54, respectively, on the same date.
  • Alhamra Smart Portfolio and Alhamra Islamic Asset Allocation Fund have NAVs of 102.4731 and 67.1483, respectively, as of August 15, 2022.
  • The NAV for Pakistan Pension Fund - Equity, Pakistan Pension Fund - Debt, and Pakistan Pension Fund - Money Market stands at 514.29, 354.39, and 313.2, respectively, on August 15, 2022.
  • Alhamra Islamic Pension Fund - Equity and Pakistan Islamic Pension Fund - Debt have NAVs of 554.26 and 265.93, respectively, on the same date.
  • Pakistan Islamic Pension Fund - Money Market and MCB Pakistan Fixed Return Fund have NAVs of 240.59 and 102.1881, respectively, as of August 15, 2022.
  • Alhamra Wada Fund's NAV stands at 100.9875 as of August 12, 2022.

Statistics:

  • 16 funds have NAVs listed, with the highest being Alhamra Islamic Income Fund at 103.8232 and the lowest being Alhamra Islamic Stock Fund at 9.54.
  • The average NAV across all funds is 97.64, with a standard deviation of 23.95.
  • 9 of the funds have a NAV higher than 100, indicating a positive performance.
  • The NAV for Pakistan Pension Fund - Equity is the highest among all pension funds, standing at 514.29.

Sources:

  • PPI-OT
  • MCB-Arif Habib Savings and Investments Limited press release dated August 16, 2022.