Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on December 08, 2005.

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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.     52.52       51.24      7/12/05

Atlas Income Fund           Atlas Asset Mang.        Income            532.63      522.19      8/12/05

Atlas Stock Mkt. Fund       Atlas Asset Mang.        Equity            635.78      623.31      8/12/05

Crosby Dragon Fund          Crosby Asset Mang.       Equity             123.7       121.2      8/12/05

Dawood Money Mkt. Fund      Dawood Capital Mang.     Income          106.3471    104.2619      8/12/05

Faysal Bal. Growth Fund     Faysal Asset Mang.       Balanced          128.59      125.95      7/12/05

Faysal Income & Growth Fund Faysal Asset Mang.       Income            102.84      101.82      7/12/05

National Investment Trust   National Inv.  Trust     Equity              53.2       51.35      7/12/05

Meezan Islamic Fund         Al Meezan Investments    Islamic Equity     76.66       74.94      7/12/05

MSF - Perpetual             Arif Habib Investments   Income             46.01       45.96      7/12/05

MSF - 12/05                 Arif Habib Investments   Income             52.03       51.98      7/12/05

MSF - 12/07                 Arif Habib Investments   Income             48.86       48.81      7/12/05

MSF - 12/12                 Arif Habib Investments   Income             54.31       54.26      7/12/05

Pakistan Income Fund        Arif Habib Investments   Income             52.55       51.84      7/12/05

Pakistan Stock Market Fund  Arif Habib Investments   Equity            119.69       116.7      6/12/05

Pakistan Cap Market Fund    Arif Habib Investments   Equity             15.27       14.89      6/12/05

United Money Mkt. Fund      United AMC               Class 'A'       104.4436    104.4436      8/12/05

                            United AMC               Class 'C'       104.4436    103.3992      8/12/05

Unit Trust of Pakistan      ABAMCO                   Balanced        8,971.12    8,709.81      7/12/05

UTP Income Fund             ABAMCO                   Income            545.19      534.49      7/12/05

UTP Islamic Fund            ABAMCO                   Islamic Equity    753.06      731.12      7/12/05

UTP - Agg. Asset Alloc.     ABAMCO                   Equity             86.82       84.28      7/12/05

UTP - Fund of Funds.        ABAMCO                   Equity             53.17       53.17      7/12/05

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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 Growth Fund            ABAMCO                      Equity              39.19           07-12-05

ABAMCO Comp. Fund             ABAMCO                      Equity              12.99           07-12-05

ABAMCO S.M. Fund              ABAMCO                      Equity              20.35           07-12-05

ABAMCO Capital Fund           ABAMCO                      Equity              18.71           07-12-05

AKD Index Tracker Fund        AKD Investments             Equity              10.36           07-12-05

Al Meezan Mutual Fund         Al Meezan Investments       Equity              16.86           07-12-05

Asian Stocks Fund             Asian Cap. Mang.            Equity                N.A                  -

Atlas Fund of Funds           Atlas Asset Mang.           Equity              11.36           07-12-05

BSJS Balanced Fund            ABAMCO                      Balanced            16.32           07-12-05

First Dawood M. Fund          Dawood Capital Mang.        Equity              12.24           06-12-05

First Cap. Mutual  Fund.      First Capital Inv. Ltd      Equity              11.19           07-12-05

Golden Arrow Stock Fund       AKD Investments             Equity              10.49           07-12-05

Meezan Balanced Fund          Al Meezan Investments       Islamic Balanced    12.19           07-12-05

Pakistan Premier Fund         Arif Habib Investments      Equity              18.31           06-12-05

Pakistan S.A. Fund            Arif Habib Investments      Equity              13.96           06-12-05

PICIC Investment Fund         PICIC Asset Mang.           Equity              23.18 *         06-12-05

PICIC Growth Fund             PICIC Asset Mang.           Equity              58.12 *         06-12-05

Prudential Stock Fund         Prudential Fund Mang.       Equity                N.A                  -

Safeway Mutual Fund           Safeway Mang.               Equity                N.A                  -

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