Lakson Income Fund

Investment Objective

The investment objective of the Lakson Income Fund is to provide competitive total return through investment in a diversified portfolio of fixed income securities. Investments will be made in a variegated mix of short term, medium term and longer term maturities depending on the assessment by the Investment Team of interest rate trends and prospective returns.

Investment & Suitability

The fund is best suited for investors seeking consistent income with a medium term investment horizon.

Returns as of November 30, 2017



Past 3 months *** as of November 30, 2017



Investment Committee

Rating by PACRA


A+

The PACRA has revised the stability rating of Lakson Income Fund (LIF), an open-end income fund to ‘A+(f)’(Single A Plus ; fund rating) [Previous rating:- ‘AA-(f)’]. The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks.



* Updated Daily ** Updated Weekly *** Updated Monthly

Performance Analysis: Monthly Returns***

Lakson Income Fund 1
LIF vs. Benchmark***

Lakson Income Fund 1

As on November 30, 2017



As on November 30, 2017





Performance Comparison
wdt_IDFund NameRatingValidity DateNAVYTDMTD1 Day15 Days30 Days90 Days180 Days270 Days365 Days
1 ABL Government Securities Fund A(f) Sep 18, 2017 10.1271 4.97 6.85 4.69 7.62 7.54 4.87 4.85 7.76 6.75
2 ABL Income Fund A(f) Sep 18, 2017 10.1359 4.57 6.06 4.44 6.72 7.11 5.45 4.9 6.08 5.66
3 Alfalah GHP Income Fund A+(f) Sep 18, 2017 112.9126 3.83 3.56 4.92 3.04 7.55 3.34 4.18 4.99 5.31
4 Alfalah GHP Sovereign Fund AA-(f) Sep 18, 2017 106.7015 4.07 2.94 4.54 2.37 8.07 3.89 4.28 5.6 5.37
5 Askari Sovereign Yield Enhancer A+(f) Sep 19, 2017 102.8978 3.96 4.28 3.9 4.25 3.87 4.73 4.19 5.84 4.47
6 Atlas Income Fund AA-(f) Sep 18, 2017 517.2887 4.49 3.78 4.92 3.45 7.13 4.36 5.21 5.18 5.34
7 Dawood Income Fund A+(f) Sep 19, 2017 80.9248 11.3 3.88 -2.16 3.96 3.45 10.74 11.6 14.95 15.77
8 Faysal Financial Sector Opportunity Fund AA-(f) Sep 18, 2017 102.26 3.82 3.58 4.76 3.3 8.7 3.88 4.4 6.18 5.21
9 Faysal MTS Fund A+(f) Sep 18, 2017 101.54 5.69 5 4.79 4.99 5.12 5.88 6.77 6.13 5.95
10 Faysal Savings Growth Fund AA-(f) Sep 18, 2017 102.95 4.2 4.74 3.55 4.64 8.99 4.18 4.87 7.24 5.8


Asset Allocation (%)

Lakson Income Fund 1
Credit Split (%)
Lakson Income Fund 1
Portfolio Statistics


As on November 30, 2017

Asset Allocation Instruments (as % of  total assets)


TFCs Portfolio
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As on November 30, 2017







Disclaimer

All investments in Mutual Funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of future results. The investors are advised in their own interest to carefully read the Offering Document in particular the investment policies in Clause 2.2 and risk disclosures and warning statements in contained in Clause 2.11 and part 11 in the respective Offering Documents.