Personal Banking - Investments - KASB Asset Management Limited

Great news for Pakistani investors! KASB Funds have now introduced the country’s first Mutual Fund that tracks your investments in Gold! With an ever expanding portfolio and increasing investment opportunities, Pakistani investors never had it this good.

What is the KASB Gold Fund?

KASB Capital Protected Gold Fund (KCPGF) is a Mutual Fund that aims to protect investors’ capital upon maturity of the Fund (2 years) by placing a maximum of 81% of the total initial fund size with Scheduled Commercial Bank (s) having a minimum long term credit rating of ‘AA-‘.

Please note that KCPGF will be investing up to 19% of Total Initial Fund size in Gold to take exposure in the value of Gold as an asset class in Rupee terms.

Some essential features of the Fund are elucidated below:

Front end load of 3%
Back end load of 5% in case of early redemption
Par value of Rs.100 per unit
Minimum investment of Rs.50,000
NCEL (gold portion) and CDC (income portion) are the custodians
Daily pricing and redemption available

KASB Balanced Fund is an open end balanced fund having 30% - 40% portfolio in equity and equity related securities while the remaining portion is invested in fixed income securities. KBF is an ideal investment opportunity for conservative investors looking for a stable income while having the ability to take advantage of the growth in capital markets. The fund can help beat inflation through its partial exposure to the stock market while reducing volatility through its larger and more stable fixed income base.

KASB Islamic Income Fund is an Islamic income fund which is geared towards conservative investors who want a ‘riba free’ investment that yields better returns than Islamic Bank deposits. The primary objective of the Fund is to provide investors with ‘Halal’ and regular income along with long term capital preservation, by investing in Shariah compliant income products.