Arif Habib Investments Limited (formerly: Arif Habib Investment Management Limited) and Muslim Commercial Financial Services (Pvt) Ltd signed up Trust Deed for AHI's new capital protected open end fund, Pakistan Capital Protected Fund (Fixed Income Securities)-(PCPF-FIS) on 15th June, 2009.
AHI has been a pioneer in launching innovative investment products since its establishment. PCPF-FIS is another milestone as this will be the first capital protected fund based on fixed income securities only, with no direct exposure in equities or leveraged instruments.
PCPF-FIS's objective is to provide capital protection to the investors at the time of maturity falling in 30 months time from the date of close of IPO, besides delivering better return to its investors from basket of Government and Corporate Bonds as compared to traditional bank deposits. The Fund's investment strategy is to capitalise on opportunities arising in debt market due to bond pricing inefficiencies.
The Fund is ideally suited for retail investors, corporate sector and retirement funds, who not only seek capital protection without any stock market exposure and but also to earn attractive returns on their hard earned savings. AHI's four money market and fixed income funds (including two Govt. Securities based funds) have been leading the pack as all four are among the top performing funds of this category.-PR