Money Market funds are highly liquid investment avenue making them ideal for short term parking of surplus funds for not only individual investors but also for institutional investors.
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 September 30th 2023) is 18.68% as against the benchmark return of 8.10% 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 49,773 Mn. as at September 30th 2023
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 23
FY 22
FY 21
FY 20
FY 19
FY 18
FY 17
FY 16
FY 15
ABL Cash Fund Returns
16.50%
10.31%
6.91%
12.61%
9.02%
5.41%
5.41%
5.78%
9.37%
Benchmark Returns
16.98%
9.27%
6.71%
11.62%
8.71%
5.35%
4.96%
3.81%
6.06%
Related Funds
ABL Income Fund
ABL Income Fund purposes to provide a supplement to your current income through the investments.