Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (July 18, 2006).

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Names                             Asset Manager                   Category             Offer      Repurchase      Validity

of Fund                                                                                 Price         Price        (Dates)

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Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.          56.60        55.22      17-07-06

Askari Income Fund                Askari Inv Mang Ltd             Income - Class B       102.42       101.06      18-07-06

                                  Askari Inv Mang Ltd             Income - Class C       101.06        99.70      18-07-06

AKD Opportunity Fund              AKD Investments                 Equity                  46.20        44.80      17-07-06

Atlas Income Fund                 Atlas Asset Mang.               Income                 566.65       555.54      30-06-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                 667.92       654.82      30-06-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                 100.70        98.70      18-07-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income               112.5455     111.4312      30-06-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced               108.65       106.26      30-06-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                 106.65       105.59      30-06-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market           100.53       100.53      17-07-06

KASB Liquid Fund

 (with contingent back-end load)  KASB Funds Ltd                  Money Market           100.53       100.02      17-07-06

National Investment Trust         National Inv.  Trust            Equity                  43.80        42.25      17-07-06

NAFA Cash Fund                    National Fullerton Asset Manage Income                  10.05        10.05      17-07-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity          59.93        58.58      17-07-06

MSF - Perpetual                   Arif Habib Investments          Income                  45.11        45.06      17-07-06

MSF - 12/07                       Arif Habib Investments          Income                  50.29        50.24      17-07-06

MSF - 12/12                       Arif Habib Investments          Income                  51.75        51.70      17-07-06

Pakistan Income Fund              Arif Habib Investments          Income                  50.96        50.27      17-07-06

Pak Int'l Islamic Fund - A        Arif Habib Investments          Islamic                 48.61        47.39      14-07-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                  85.99        83.84      14-07-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                  11.78        11.49      14-07-06

United Growth & Income Fund       UBL Fund Managers Ltd           Income               102.6254     101.1088      18-07-06

                                                                  Growth               101.1088      98.0755      18-07-06

United Money Mkt. Fund            UBL Fund Managers Ltd             Class 'A'          100.5795    100. 5795      18-07-06

                                                                   Class 'C'          100. 5795      99.5737      18-07-06

Unit Trust of Pakistan            JS ABAMCO                       Balanced             7,590.27     7,369.19      14-07-06

UTP Income Fund                   JS ABAMCO                       Income                 579.22       567.85      30-06-06

UTP Islamic Fund                  JS ABAMCO                       Islamic Equity         616.13       598.17      14-07-06

UTP - Agg. Asset Alloc.           JS ABAMCO                       Equity                  55.91        54.27      14-07-06

UTP - Fund of funds.              JS ABAMCO                       Equity                  50.52        49.52      14-07-06

UTP-A30+ Fund                     JS ABAMCO                       Equity                  51.76        50.74      14-07-06

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CLOSED-END FUND NAVs:

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Names of Fund                     Investment Advisor             Category                 NAVs            Validity (Dates)

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ABAMCO Comp. Fund                 JS ABAMCO                       Equity                  10.41                   14-07-06

AKD Index Tracker Fund            AKD Investments                 Equity                  10.75                   17-07-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                  16.95                   17-07-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                      -                          -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                  11.92                   17-07-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                15.10                   14-07-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                  12.26                   13-07-06

First Cap. M. Fund.               First Capital Inv. Ltd          Equity                11.79**                   14-07-06

Golden Arrow Stock Fund           AKD Investments                 Equity                7.88***                   17-07-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced        12.62                   17-07-06

Pakistan Premier Fund             Arif Habib Investments          Equity                  17.41                   14-07-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                  13.26                   14-07-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                 41.68*                   17-07-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                 19.06*                   17-07-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                  10.09                   17-07-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                      -                          -

Safeway Mutual Fund               Safeway Mang.                   Equity                      -                          -

UTP Growth Fund                   JS ABAMCO                       Equity                  17.49                   14-07-06

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