Pakistan Cash Management Fund (PCF)
The Fund aims to deliver regular income and provide high level of liquidity primarily from short duration government securities investments.
Pakistan Cash Management Fund (PCF) is an open end Fund, which invests in government securities, mainly Treasury Bills and short maturity reverse repurchase transactions against Government Securities. The un-invested funds are kept in deposits with minimum AA-rated commercial banks. The overall maturity of the portfolio is kept below 90 days, in order to keep interest rate risk at a relatively low and manageable level and provide high liquidity to investors comparable to current bank deposits. PCF is a long only Fund.
|Launch Date||20th March 2008|
|Fund Type||An Open End Scheme|
|Minimum Investment||500 /-|
|Fund Manager||Saad Ahmed|
|Asset Manager Rating||AM1 (AM One) by PACRA (06-Oct-2020)|
|Listing||Pakistan Stock Exchange|
|Trustee||MCB Financial Services Limited|
|Auditor||Ernst & Young Ford Rhodes Sidat Hyder &Co., Chartered Accountants|
|Benchmark||70% three (3) months PKRV rates plus 30% three (3) months average deposit rates of three (3) AA rated scheduled Banks as selected by MUFAP.|
5 years performance
|Year||Fund (%)||Benchmark (%)|