ABL Asset Management Company Limited

ABL Cash Fund

ABL Cash Fund



Introduction

ABL Cash Fund aims to provide you stable returns and maximum capital preservation by investing in high quality short term instrument therefore avoiding volatility of both long-term fixed income securities and stock markets.

Investment Objective

The Fund’s primary objective is to provide investors consistent returns with a high level of liquidity, through a blend of money market and sovereign debt instruments.

Key Features

  • The Fund invests in high quality instruments with issue or entity rating of minimum ‘AA’,
  • It serves as an alternative to traditional savings accounts and also used in efficient asset allocation strategy to provide balance in the portfolio.
  • Strong long-term performance track record with cumulative annualized return since inception (July 31, 2010 till October 31st 2024) is 23.04% as against the benchmark return of 8.98% for the corresponding period.

Product Suitability

  • Better profits compared to other saving options.
  • An opportunity to earn regular income on your savings.
  • Preserve your investments and keep them highly liquid.
  • Ease to withdraw your investment any time without penalty or profit reduction.
*Investors are encouraged to consult their Investment advisor prior to investing in the product.

Risk Metrics:

  • low

  • Moderate

  • Medium

  • High

Scheme Features

Scheme Name ABL Cash Fund
Scheme type Open End Money Market Scheme
Date of Inception July 31, 2010
Fund Size PKR 81,042 Mn. as at October 31st 2024
Objective of the scheme The objective of ABL-CF is to provide investors, consistent returns with a high level of liquidity, through a blend of money market and sovereign debt instruments.
Benchmark 70%-Avg of 3M PKRV rates + 30% 3M Avg Deposit Rate of 3 AA rated banks
Minimum Investment Amount Initial Rs.5,000 (Subsequent Rs. 1,000)
Lock-In Period None
Management Fee 0.25% to 0.50% of Net Asset p.a.
Entry Load Upto 0.75%
Exit Load None
Systematic Investment Plan Facility Yes
 

Fund Performance Highlight

FY 24 FY 23 FY 22 FY 21 FY 20 FY 19 FY 18 FY 17 FY 16 FY 15
ABL Cash Fund Returns 22.26% 16.50% 10.31% 6.91% 12.61% 9.02% 5.41% 5.41% 5.78% 9.37%
Benchmark Returns 20.9% 16.98% 9.27% 6.71% 11.62% 8.71% 5.35% 4.96% 3.81% 6.06%

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