Pakistan Credit Rating Agency (PACRA) has assigned (long term) FIVE STAR and (short term) FOUR STAR ranking to MCB Dynamic Stock Fund (MCB DSF). MCB DSF is now the best ranked fund in its category and serves as a benchmark for its peers. Also, (short term) FOUR STAR ranking is assigned to MCB Dynamic Allocation Fund (MCB DAF).
These are based on the performance review for the period ended June 30, 2010 (trailing 12 months for normal star rankings and trailing 36 months for long term star rankings). The ranking assigned reflects the MCB AMC's experienced and competent management team which has shown notable improvement.-PR