Investment Objective
Lakson Islamic Money Market Fund
The objective of the fund is to provide stable and competitive Shariah Compliant returns with low volatility that are in line with the Shariah compliant money markets and consistent with capital preservations. Accordingly, the fund consists of a liquid portfolio of low risk, short-term investments.
Investment & Suitability
The fund is best suited for investors preferring Shariah Compliant returns with a short-term investment horizon for cash management and medium to long-term investment horizons as a part of their larger portfolio strategy.
Performance Summary
1 Day Return | 15 Day Return | 30 Day Return | 90 Day Return | 180 Day Return | 365 Day Return | FYTD |
---|---|---|---|---|---|---|
11.01% | 10.82% | 10.46% | 11.16% | 14.47% | 18.39% | 16.37%% |
Investment Committee
Rating by PACRA
AA
The rating reflects the Fund’s low credit risk profile emanating from the fund’s investment policy to invest in strong credit quality investment avenues with sound liquidity
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.