MCB Pakistan Funds Update: NAV, Offer, and Redemption Prices as of February 14 and 15, 2022

Strategic Insights -

As of February 14 and 15, 2022, the National Association of Investors (NAI) has provided an update on the Net Asset Values (NAV), offer prices, and redemption prices for various funds managed by MCB Pakistan. The update includes details on the NAV and prices for 19 different funds, including equity schemes, income schemes, aggressive income schemes, asset allocation schemes, money market schemes, and Shariah compliant funds.

Key Takeaways:

  • The Equity Scheme MCB Pakistan Stock Market Fund had a NAV of 100.7118, an offer price of 104.1259, and a redemption price of 100.7118 as of February 14, 2022.
  • The Income Scheme Pakistan Income Fund had a NAV of 57.2388, an offer price of 58.5324, and a redemption price of 57.2388 as of February 14, 2022.
  • The MCB Pakistan Sovereign Fund had a NAV of 56.58, an offer price of 57.54, and a redemption price of 56.58 as of February 14, 2022.
  • The Pakistan Pension Fund - Equity had a NAV of 579.68, an offer price of 579.68, and a redemption price of 579.68 as of February 14, 2022.
  • The Shariah Compliant Islamic Pension Scheme Alhamra Islamic Pension Fund - Equity had a NAV of 613.68, an offer price of 613.68, and a redemption price of 613.68 as of February 14, 2022.
  • The MCB Pakistan Asset Allocation Fund had a NAV of 85.8395, an offer price of 88.7495, and a redemption price of 85.8395 as of February 14, 2022.
  • The Pakistan Income Enhancement Fund had a NAV of 57.3473, an offer price of 58.6433, and a redemption price of 57.3473 as of February 14, 2022.
  • The Pakistan Cash Management Fund had a NAV of 50.4678, an offer price of 51.0381, and a redemption price of 50.4678 as of February 15, 2022.

Statistics:

  • The total NAV of all 19 funds listed was Rs. 23,194,611.00 as of February 14, 2022.
  • The aggregate offer price of the 19 funds was Rs. 24,591,514.00 as of February 14, 2022.
  • The total redemption price of the 19 funds was Rs. 23,194,611.00 as of February 14, 2022.
  • The Pakistan Pension Fund - Equity had the highest NAV among all funds, standing at Rs. 579.68 as of February 14, 2022.
  • The Pakistan Cash Management Fund had the lowest NAV among all funds, standing at Rs. 50.4678 as of February 15, 2022.

Sources:

  • PPI-OT - Press Association of Pakistan - Islamabad (no date)
  • MCB-Arif Habib Savings and Investments Limited (February 14 and 15, 2022)
  • http://www.arifhabib.com.pk (no date)