More Related Content Similar to AIActAP-IV Presentation to Investors (20) 2. ©2016 UBL Fund Managers. All rights reserved. 2
ATTENTION PLEASE
disclaimer
All investments in Mutual Funds are subject to market risks. The NAV of
units may go up or down based on market conditions. Past performance is
not necessarily indicative of future results. Investors are advised in their own
interest to carefully read the contents of the 3rd Supplement to the Offering
Document of AIFPF, in particular Investment Policies mentioned in
clause 2.2.17, as well as the Offering Document of AIFPF, in particular Risk
Factors mentioned in clause 2.10, Taxation Policies mentioned in clause 7,
and Warnings in clause 9 before making any investment decisions.
3. CONTENTS
⁞ INTRODUCTION TO UBL FUND MANAGERS
⁞ COMMON MISCONCEPTIONS ABOUT INVESTING
⁞ INTRODUCING AL-AMEEN ISLAMIC FINANCIAL PLANNING
FUND – AL-AMEEN ISLAMIC ACTIVE ALLOCATION PLAN – IV
⁞ ABOUT THE KMI – 30
4. ©2016 UBL Fund Managers. All rights reserved. 4
UBL Fund Managers
Key facts
62+ Billion Rupees in AUM
21+ Active institutional & individual investor accounts
Founded in 2001,
100% owned by United
Bank Limited
Ranked No. 1 in ‘Top
of Mind’ recall survey
by AC Nielsen
First AMC in Pakistan
to be GIPS compliant
AM2+ Rating ‘High Management Quality’ (by JCR-VIS)
(Highest Management rating assigned to any AMC in Pakistan)
First AMC in Pakistan to
offer CPPI-based product
references for accolades: http://mappk.org, http://thomsonreuters.com, www.jcrvis.com.pk, http://pashaictawards.com
Lipper Fund Award in the
category of Best Performing
Islamic Equity & Islamic
Income Funds Globally
First AMC in Pakistan to get the
Corporate Excellence Award
from Management Association
of Pakistan
First AMC in
Pakistan to receive
two Awards at the
P@SHA ICT Awards
@31Jan16
6. ©2016 UBL Fund Managers. All rights reserved. 6
Source: SBP, KSE, Reuters, Savings.gov.pk
Why Equities?
equities win the race
Average Annual Returns (Jan 2001 – Dec 2015) (CAGR)
22.8%
13.9%
11.1%
9.1%
8.5%
4.0%
0% 5% 10% 15% 20% 25%
KSE-100
Gold
NSS
1 Yr T-Bills
Inflation
USDPKR
10. ©2016 UBL Fund Managers. All rights reserved. 10
Al-Ameen Funds
shariah advisory board
All investments made in the Islamic Funds are approved
and monitored by the Shariah Advisory Board that
comprises of renowned Islamic Scholars.
Mufti M. Hassaan Kaleem
Mufti M. Najeeb Khan
11. ©2016 UBL Fund Managers. All rights reserved. 11
AIFPF – Al-Ameen Islamic Active Allocation Plan - I
investor response thus far
Generated a combined AUM of over Rs 6 bn at launch
12. ©2016 UBL Fund Managers. All rights reserved. 12
AIFPF – Active Islamic Allocation Plan- IV
key features
⁞ Category of AIFPF Open-ended Shariah-compliant Fund of Funds Scheme
⁞ AIActAP-III Plan Type Shariah-Compliant Allocation Plan
⁞ Investment Objective of Plan The “Al-Ameen Islamic Active Allocation Plan -
IV is an Islamic Allocation Plan under the “Al-Ameen Islamic Financial Planning
Fund” with an objective to earn a potentially high return through active asset
allocation between Islamic Equities scheme and Islamic Income scheme based
on the Fund Manager’s outlook on the asset classes.
⁞ Tenor of Plan 2 years
⁞ Risk Profile of Plan Low Medium High
AIActAP-IV
13. ©2016 UBL Fund Managers. All rights reserved. 13
AIFPF – Active Islamic Allocation Plan- IV
investment strategy
⁞ Active allocation between dedicated Shariah-compliant equity component
and income / money market component via Collective Investment Schemes
⁞ Equity exposure will be taken through Al-Ameen Islamic Dedicated
Equity Fund (AIDEF)
⁞ Income/Money Market exposure will be taken through Al-Ameen Islamic
Sovereign Fund (AISF) or Al-Ameen Islamic Cash Fund (AICF)
⁞ The Management Company may also invest in any other Collective
Investment Schemes
14. ©2016 UBL Fund Managers. All rights reserved. 14
AIFPF – Active Islamic Allocation Plan- IV
key benefits
⁞ Up to 100% Equity Participation
⁞ Managed by experienced Fund Managers
⁞ A separately managed underlying Equity Fund
Authorized Investments
(Shahriah Compliant)
Allocation %
(Min-Max)
Equity Segment
⁞ Equity based mutual funds 0%-100%
Money Market/ Income Segment
⁞ Income/Money market based mutual funds
⁞ Cash and/or Near Cash Instruments which include cash in
Islamic banks
0%-100%
16. ©2016 UBL Fund Managers. All rights reserved. 16
AIFPF – Active Islamic Allocation Plan- IV
kmi 30 vs kse 30
Return Analysis
KMI 30 Index* KSE 30 Index** Outperformance
CY2010 38.66% 17.65% 21.01%
CY2011 5.59% -12.16% 17.75%
CY2012 44.63% 35.22% 9.41%
CY2013 45.68% 36.65% 9.03%
CY2014 19.57% 10.43% 9.14%
CY2015 9.60% -7.17% 16.77%
Source: KSE & UBL Funds Research
* KMI 30 Index is the benchmark for all Shariah-compliant stock funds
** KSE 30 Index is the benchmark for most conventional stock funds
17. ©2016 UBL Fund Managers. All rights reserved. 17
AIFPF – Active Islamic Allocation Plan- IV
kmi 30 index composition
Company Name Index Weightage* Company Name Index Weightage*
HUBC 11.96% FATIMA 2.11%
FFC 10.33% FFBL 2.1%
ENGRO 9.53% MARI 1.81%
LUCK 8.69% PIOC 1.53%
PPL 7.36% PAEL 1.51%
DGKC 5.1% CHCC 1.5%
DAWH 5.02% GLAXO 1.5%
FCCL 3.88% PSMC 1.48%
EFERT 3.5% PTC 1.2%
POL 3.04% MTL 1.18%
MLCF 2.67% HCAR 1%
KEL 2.6% ATRL 0.94%
NML 2.27% SHEL 0.71%
SEARL 2.26% HASCOL 0.69%
EFOODS 2.16% TREET 0.37%
*approximate index weightages as on Feb 02, 2016
18. ©2016 UBL Fund Managers. All rights reserved. 18
AIFPF – Active Islamic Allocation Plan- IV
kmi 30 scrip selection criteria
⁞ Business of the investee company should be halal; investment in shares of conventional banks,
insurance companies, leasing companies & companies dealing in alcohol etc are not permitted
⁞ Total interest bearing debt (bonds, TFCs, conventional bank loans, finance lease, preference
shares etc) must be less than 37% of the total assets of the investee company
⁞ Non Shariah-compliant investments must be less than 33% of total assets of the investee
company
⁞ Non Shariah-compliant income must be less than 5% of the total revenue (Gross sales + Other
operating income) of the investee company
⁞ Illiquid assets (property, plant and machinery, building, furniture, intangible assets, stock in trade,
stores and spares etc) must be at least 25% of the total assets of the investee company
⁞ Market price per share should be greater than net liquid assets per share
