NBP Funds Update: August 2021 Investment Offers and Redemption Prices

Strategic Insights -

The National Bank of Pakistan's (NBP) Fund Management Limited has released the latest update on its investment funds, providing current offers and redemption prices for various funds as of August 23, 2021. A total of 31 funds, including Islamic and conventional savings funds, money market funds, and pension funds, are listed with their respective prices. The update includes funds from NBP and NAFA Pension Fund, offering a range of investment options for investors seeking to grow their wealth in a risk-managed manner.

Key Takeaways:

  • The NBP Islamic Savings Fund offers a redemption price of 9.7204 as of August 23, 2021.
  • The NAFA Pension Fund - Debt Sub-Fund has a redemption price of 201.2918 as of August 23, 2021.
  • The NBP Islamic Money Market Fund offers a redemption price of 10.0191 as of August 23, 2021.
  • The NAFA Islamic Pension Fund - Equity Sub-Fund has a redemption price of 396.5357 as of August 23, 2021.
  • The NBP Financial Sector Income Fund offers a redemption price of 10.6744 as of August 23, 2021.
  • The NAFA Islamic Pension Fund - Money Market Sub-Fund has a redemption price of 161.1462 as of August 23, 2021.
  • The NBP Government Securities Savings Fund offers a redemption price of 10.7514 as of August 23, 2021.
  • The NBP Islamic Energy Fund offers a redemption price of 9.4703 as of August 23, 2021.
  • The NAFA Islamic Active Allocation Plan-V has a redemption price of - (unrecoverable) as of August 23, 2021.
  • The NBP Stock Fund offers a redemption price of 16.6748 as of August 23, 2021.
  • The NBP Islamic Stock Fund offers a redemption price of 13.3802 as of August 23, 2021.

Statistics:

  • The total number of funds listed with current offers and redemption prices is 31.
  • The NAFA Pension Fund - Debt Sub-Fund has the highest redemption price among the pension funds with 201.2918 as of August 23, 2021.
  • The NAFA Islamic Pension Fund - Equity Sub-Fund has the highest redemption price among the Islamic pension funds with 396.5357 as of August 23, 2021.
  • The NBP Islamic Money Market Fund has a redemption price of 10.0191 as of August 23, 2021.
  • The NBP Financial Sector Income Fund has a redemption price of 10.6744 as of August 23, 2021.
  • The NBP Government Securities Savings Fund has a redemption price of 10.7514 as of August 23, 2021.

Sources:

  • PPI-OT
  • National Bank of Pakistan's (NBP) Fund Management Limited
  • NAFA Pension Fund
  • NBP Funds Update, August 2021
  • For more information, contact: Head Office, NBP Fund Management Limited