MCB Pakistan Funds Update: NAV, Offer, and Redemption Prices for November 2022

MCB Pakistan Stock Market Fund, which aims to provide long-term capital growth through investments in the stock market, had a NAV (Net Asset Value) of 89.1254, an Offer Price of 92.1468, and a Redemption Price of 89.1254 as of November 11, 2022.

Key Takeaways:

• MCB Pakistan Equity Scheme funds had a total of 17 funds with distinct investment strategies, including aggressive income, asset allocation, money market, and Shariah-compliant Islamic income schemes.
• The MCB Pakistan Stock Market Fund had a NAV of 89.1254, an Offer Price of 92.1468, and a Redemption Price of 89.1254 as of November 11, 2022.
• Alhamra Islamic Money Market Fund had a NAV of 99.51, an Offer Price of 100.6345, and a Redemption Price of 99.51, indicating a slight variation in offer and redemption prices.
• Pakistan Pension Fund, which operates under the Voluntary Pension Scheme, reported NAVs of 510.23, 368.15, and 325.13 for the equity, debt, and money market segments, respectively.
• The Shariah-compliant Islamic Voluntary Pension Scheme, Alhamra Islamic Pension Fund - Equity, had a NAV of 556.11 as of November 11, 2022.

Statistics:

• MCB Pakistan Equity Scheme funds had a total of 17 unique funds.
• The highest NAV among all funds was 556.11, recorded by Alhamra Islamic Pension Fund - Equity on November 11, 2022.
• The lowest NAV was 9.54, recorded by Alhamra Islamic Stock Fund on the same date.
• The Offer Price median was 98.553, and the Redemption Price median was 91.345, indicating a minor difference between the two prices.
• Pakistan Pension Fund reported a NAV of 510.23 for the equity segment.

Sources:

• "Name of the Fund##Date##NAV##Offer Price##Redemption Price" - MCB Pakistan Funds Update for November 2022
• "For more information, contact: MCB-Arif Habib Savings and Investments Limited" - Marketing Contact Information