Asset Management Companies

ABL Asset Management Company Limited AKD Investment Management Company Limited Al Meezan Investment Management Company Limited Alfalah GHP Investment Management Company Limited Arif Habib Investments Limited (A Subsidiary of MCB Bank Limited) Askari Investments Management Limited Atlas Asset Management Limited BMA Asset Management Company Limited Dawood Capital Management Limited Faysal Asset Management Limited First Capital Investments Limited Habib Asset management Limited HBL Asset Management Limited IGI Funds Limited JS Investments Limited Lakson Investments Limited Magnus Investments Advisors Limited National Asset Management Company Limited National Investment Trust Limited NBP Fullerton Asset Management Limited Pak Oman Asset Management Company Limited PICIC Asset Management Company Limited Safeway Funds Limited UBL Funds Manager Limited

Mutual Funds offered by each Asset Management Company (AMC) and their characteristics
ABL Asset Management Company Limited o ABL Income Funds

ABL Income Fund (ABL-IF) is an open end, fixed income fund with no direct exposure to the stock market. The objective of ABL Income Fund is to earn a superior risk adjusted rate of return by investing in a blend of short, medium, and long-term instruments, both within and outside Pakistan.

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Salient Features: Minimum investment in Mutual Fund starts from Rs. 5,000/- for Growth Units and Rs. 500,000/- for Income Units. Further re-investments can be made from as little as Rs.1,000/- only. No lock in period - Ease of withdrawing money anytime Exemption from Zakat on submission of relevant Affidavit. Benchmark: 6 Month KIBOR Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net income Net Asset Value Capital growth o ABL Stock Funds Rs. 4,878,536 639,266 10.0195 0.51%

ABL Stock Fund (ABL-SF) is an open end equity fund. ABL-Stock Fund aims to provide higher risk adjusted returns to the investors by investing in diversified portfolio of equity instruments offering capital gains and dividends. Salient Features: Minimum investment in ABL Stock Fund starts from as little as Rs. 5,000/The fund units can be cashed anytime Tax is Exempted (as per Current Tax Law) You can benefit from a tax credit of up to Rs.100,000/- for salaried individuals (as per Current Tax Law) It is suitable for investors with a long term horizon Benchmark: KSE-30 Index Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Income Net Assets Value Capital Growth Rs. 642,032,395 139,930,894 10.048 -0.12%

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ABL Cash Funds ABL Cash Fund (ABL-CF) is an open end, money market fund with no direct or indirect exposure to shares, TFCs and long term debt instruments. Salient Features:

For Growth Units the Minimum Investment is Rs.5,000/The minimum amount for subsequent investments can start from Rs.1,000/ There is no front end and back end load There is no minimum holding period and it is redeemable at will It follows a Backward Pricing Mechanism Encashment can be done the same day otherwise the constitutive documents provide for six working days to pay redemption proceeds It provides tax exemption as per current tax laws Salaried investors can benefit from Tax Credit up to Rs.100,000/- of investment (as per Current Tax Law) Benchmark: Average 3 months deposit rates of AA and above rated banks.

Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Income Net Assets Value Capital Growth Rs. 10,650,817 893,326 10.0188 1.64%

ABL Islamic Income Funds ABL Islamic Income Fund (ABL-IIF) is a Shariah Compliant, Open End, Income Fund which primarily invests in Sukuks, money market instruments and deposits. Salient Features:

Minimum Investments for Growth Funds is Rs.5,000/Subsequent Investment is Rs.1,000/There is no Front End or Back End Load No Minimum Holding Period is required It is based on Forward Pricing Mechanism Encashment can be done with 2-6 working days Tax Exemption As per Current Tax Laws Tax Credit Up to Rs.100,000/- for salaried individuals Benchmark: Average 6 months deposit rates of 3 Islamic Banks Tax credit status to be updated (three years)

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Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Income Net Assets Value Capital Growth Rs. 816,605,567 47,734,932 10.0163 1.34%

ABL Government Securities Funds

ABL Government Securities Fund (ABL-GSF) is an Open-end Income Scheme Fund. Its objective is to deliver optimal risk adjusted returns by investing mainly in a mix of short to long term Government Securities and other debt Instruments. It is ideal for Investors with a short and medium term investment mindset. Key Features: Minimum Investment starts from Rs. 5,000/ The Fund invests majorly in T-bills and other government securities Encashment can be made any time Tax efficient returns and tax credit Monthly and quarterly income plans available Access to online account statements Benchmark: 70% average 6m-PKRV & 30% average 3 Months deposit rates of AA- & above rated bank

AKD Investment Management Company Limited o AKD Aggressive Income Fund

AKDAIF is a dedicated fund that focuses primarily on fixed income securities and instruments. The objective of AKDAIF is to offer investors a convenient vehicle to invest in a diversified portfolio of fixed income securities/instruments that provide consistent returns with concern for preservation of capital over the longer term. Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Asset Value Net Income Rs. 413,691 50.5272 35,438

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AKD Opportunity Fund

AKDOF filters through the opportunity presented in the capital markets, searching for the optimal combination of investment strategies, mainly in equities, followed by fixed income and money market as contingent defensive strategy. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 458,984 Net Asset Value 31.01 Net (loss)/ Income for the year (1,474)
o AKD Index Tracker Fund

To track the return of the KSE-100 index with up to 85% accuracy, providing investors with a high quality, in depth diversification instrument. Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Asset Value Net Income/ (loss) o AKD Cash Fund Rs. 190,666 8.63 (17,754)

The objective of AKD Cash Fund (AKDCF) is to provide optimum returns consistent with minimal risk from a portfolio constituted of high quality short term securities/instruments, which will provide liquidity. Salient Features Low risk: Government of Pakistan Treasury Bills, placement with commercial banks and DFIs (term deposit receipt, certificates of investments/deposits only) with AA or better rating, placements with NBFCs rated at least AAA Diversification Tax benefits accrue to the fund on paying out up to 90% of profit, which will be our policy. Tax efficient, dividend on monthly basis Same day redemption facility (conditions shall apply) Rated AA+(f) by JCR-VIS rating agency.

Al Meezan Investment Management Company Limited o Open end funds Meezan Islamic Fund

MIF invests in combination of income and growth stocks of Shariah compliant companies with demonstrated track record of profitability and stable dividend payout history.
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Salient Features of MIF MIF reduce the risk of volatility of prices by investing your money in a well defined portfolio of securities. Per unit research and execution costs of a fund manager are also lower due to the large size of portfolio under management. Our fund managers are trained investment professionals. Their knowledge provides you and opportunity to earn greater risk adjusted returns. Also by investing in MIF, you pass on the job of continuous monitoring and evaluation of investment opportunities to the Fund manager. Investment in MIF enables you to get tax benefit upto Rs. 100,000/- in case of salaried person or upto Rs 125,000/- in case of non salaried person on investments upto Rs. 500,000/- under applicable tax laws, if investment is held for a period of one year. Apart from tax benefit, MIF also provides you a healthy return on your investment. A minimum investment of Rs. 5,000 makes MIF an affordable investment for small investors. Subsequent investments can be made with a minimum amount of Rs. 1,000. There is no cap on maximum amount of investment. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 4,497,085 Net Assets Value 51.57 Net Income 1,077,236
Meezan Islamic Income Fund

MIIF meets the requirement of a large number of investors both institutional and individual, who desire Shariah-Compliant investment avenues but want to avoid the risk of direct exposure to the stock market. Salient Features of MIIF It aims at capital preservation through prudent fund management It aims at Halal and consistent stream of income which is strictly monitored and approved by Shariah Advisors It provides you an opportunity to start investment with minimum Rs. 5,000/-and then invest at regular intervals with subsequent investment amount as low as Rs. 1,000/- . Its units are readily encashable throughout the year Investment in MIIF enables you to get tax benefit upto Rs. 60,000/- in case of salaried person or upto Rs 75,000/- in case of non salaried person
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on investments upto Rs. 300,000/- under applicable tax laws, if investment is held for a period of one year. It provides diversification of portfolio resulting in lower risk and competitive return on your investment. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 2,541,935 Net Asset Value 51.06 Net Income 309,416
Meezan Capital Protected Funds

MCPF-I adheres to the Shariah guidelines laid by the Shariah Supervisory Board of Meezan Bank, chaired by Justice (Retd) Mufti Muhammad Taqi Usmani. Salient Features of MCPF-I The first ever Shariah compliant capital protected fund of Pakistan. Capital protection* upon maturity through Meezan Bank. It provides Halal and Riba-Free returns on your investment under the supervision of Meezan Banks Shariah Supervisory Board. Expected returns are higher than those offered by debt/income funds and bank deposits. The term of investment is three years and six weeks from the first day of the IPO. It provides tax rebate benefit upto Rs. 60,000/- on investment up to Rs.300,000/-under applicable tax law. Minimum Investment Rs.5, 000/- while there is no cap on maximum amount. Subsequent investment can be made during the open period with a minimum of Rs. 1,000/- only. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 723,826 Net Asset Value 50.00 Net Income 90,634 Meezan Cash Fund Launched by Al Meezan Investments, the largest Shariah compliant asset management company in Pakistan, MCF invests in high quality instruments with issue or entity rating of AA and above, thus seeking to provide maximum capital preservation for your investment.

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Features The first Shariah compliant1 Money Market Fund in Pakistan AA(f) stability rating by JCR-VIS Aims to provide maximum preservation of principal amount Readily encashable within two working days No front end and back end load2 No exposure to long-term fixed income instruments and stock market Ideal parking avenue for short-term funds Flexibility to get payment on monthly, quarterly or semi-annual basis Attractive Tax free returns3 Tax credit upto Rs. 60,000/- (for salaried person) or Rs. 75,000/- (for self employed) Financial facts from financial statement of June 30, 2011 are reported here in Rupees

Net Asset Net Asset Value Net Income

Rs. 5,955,829 50.03 623,075

Meezan Sovereign Fund MSF primarily invests in government securities, with highest possible rating of AAA. Features

The first Shariah Compliant Government Securities Fund in Pakistan AA+(f) stability rating by JCR-VIS Managed by the largest Shariah compliant Asset Management Company in Pakistan Working under the supervision of Shariah Supervisory Board of Meezan Bank, headed by eminent Shariah scholar Justice (Retd.) Mufti Muhammad Taqi Usmani Investment objective of providing maximum preservation of principal amount At least 70% of investments in Shariah compliant government securities Flexibility to get your profit payment on monthly, quarterly, semi-annual or annual basis Stable and Attractive Tax free returns1 Tax credit upto Rs. 60,000/- (for salaried person) or Rs. 75,000/- (for self employed)
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 Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Net Asset Value Net income Rs. 12,545,661 50.65 883,977

Meezan Capital Protected Fund II 1. The only Shariah compliant Capital Protected Fund series-II of Pakistan presented by the largest asset Management company in Private sector currently managing assets of over Rs. 29 bn and the Largest Islamic Bank in Pakistan. 2. Managed by the Professional Fund Management team of Al Meezan (Rated AM2 High Management Quality by JCR-VIS Credit Rating Company) 3. Provides Halal and Riba free returns on your investment under the supervision of Shariah Supervisory Board of Meezan Bank, headed by eminent Shariah scholar Justice (Retd.) Mufti Muhammad Taqi Usmani 4. Aims to ensure 100% capital protection1 upon maturity 5. Minimum Investment of Rs.5,000/- only. Subsequent investment can be made durin open period with Rs.1,000/ only 6. Duration of the Fund: Three years and six weeks. 7. Tax exempted returns (under applicable Tax Laws). 8. Tax credit up to Rs.75,000/- for self-employed & up to Rs.60,000 for salaried individuals Al- Meezan Mutual Fund AMMF is a Shariah Complaint open end equity fund which primarily invests in equities. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 1,707,315 Net Asset Value 12.41 Net Income 359,733

o Closed end Funds Meezan Balanced Funds The investment objective of MBF is to generate long term capital appreciation as well as current income by creating a balanced portfolio that is invested both in high quality equity securities. Financial facts from financial statement of June 30, 2011 are reported here in Rupees
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Net Asset Net Asset Value Net Income

Rs. 1,523,432 12.70 226,019

Alfalah GHP Investment Management Company Limited o Alfalah GHP Value Fund Alfalah GHP Value Fund is an open-ended mutual fund managed by Alfalah GHP Investment Management Ltd. The units of Alfalah GHP Value Fund are on sale daily and can be purchased from various selected branches of Bank Alfalah Limited and selected third party distributors. Fund units can be purchased on each business day at the announced Offer Price. Detailed information on Alfalah GHP Value Fund can be obtained from its Trust Deed and Offering Document. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 437,397 Net Asset Value 52.87 Net Income 37,311 o Alfalah GHP Income Multiplier Fund Alfalah GHP Income Multiplier Fund is an open ended income fund with the objective of seeking to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of high quality debt securities and liquid money market instruments and placements. An income fund is characterized by the following; 1. Seeking preservation of capital, and 2. Aiming to generate consistent positive returns in real terms (surpassing inflation) Net Assets Rs. 284,292 Net Asset Value 49.4753 Net Income 9,918 o Alfalah GHP Islamic Fund The Alfalah Islamic Fund is the first Shariah Compliant fund launched by AGIM. AGIF is an open-ended fund that offers its investors an opportunity to invest in a diversified portfolio of Shariah Compliant investments with the objective of maximizing medium to long term returns for a given level of risk.

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The key benefits of investing in AGIF are as follows: Avoidance of interest and other un-Islamic income/investment; It is an asset allocation fund. The strategy of the Fund would be to actively manage the allocations to provide consistent returns to the investors; Alfalah GHP already has a track record of successfully managing an asset allocation fund; Tax free investment under Government regulations. Net Assets Rs. 327,397 Net Asset Value 56.73 Net Income 52,494

o Alfalah GHP Alpha Fund Alfalah GHP Alpha Fund (AGAF) is an open end Equity Fund. The primary investment objective of the fund is long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities. Net Assets Rs. 128,001 Net Asset Value 62.21 Net Income 14,838 o Alfalah GHP Cash Fund Alfalah GHP Cash Fund is a money market fund which aims at protecting investor capital and providing liquidity through an investment structure by placing significant percentage of the funds in high quality and short tenor avenues such as cash in daily deposit accounts, short dated Government securities, money market placements or any other SECP permissible instrument(s) that AGIM feels would be appropriate to optimize returns. Such investments will only be with those Financial Institutions having minimum long term investment grade rating of AA. Net Assets Rs. 1,439,196 Net Asset Value 505.44 Net Income 129,147 Arif Habib Investments Limited (A Subsidiary of MCB Bank Limited) o Pak Stock Market Fund The objective of the fund is to provide investors long term capital appreciation from its investment in Pakistani equities. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 1,243,564 Net Asset Value 60.10 Net Income 255,955
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o Pakistan International Element Islamic Asset Allocation Fund Pakistan International Element Islamic Asset Allocation Fund (PIEIF) is an Islamic open-end asset allocation fund, which seeks to achieve its objective through investing in a portfolio of Shariah compliant investments diversified across the capital markets of Pakistan as well as keeping a limited exposure internationally. The fund is managed through an active management strategy with dynamic allocations towards different asset classes. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 337,213 Net Asset Value 43.72 Net Income 60,676 o Pak Income Fund Pakistan Income Fund (PIF) is an open end fund, which invests in corporate securities, Government securities; money market placements, TDRs and short maturity reverse repurchase transactions. The overall duration of the portfolio is kept below 2 years, in order to keep interest rate risk at a relatively low and manageable level. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 1,813,580 Net Asset Value 53.20 Net Income 216,128 o Pak Capital Market Fund Pakistan Capital Market Fund (A Balanced Fund) (referred to as PCM) is an open end balanced fund that invests in a range of asset classes such as equity and debt in Pakistani market. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 390,218,000 Net Asset Value 8.06 Net Income 42,625,000 o Metro- Sovereign Fund Metro-Bank Pakistan Sovereign FundPerpetual (MSF) is an open end fund, which invests in bonds and debt securities issued by the Government of Pakistan as well as Reverse Repurchase transactions (Reverse-REPOs) against government securities. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 2,998,951,207 Net Asset Value 52.45 Net Income 217,322,694
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o Pak Cash Management Fund 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 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. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 2,710,685 Net Asset Value 51.1828 Net Income 313,035 o Pak Income Enhancement Fund Pakistan Income Enhancement Fund (An Aggressive Fixed Income Fund) (referred to as PIEF) is an open end fund which primarily invests in debt and fixed income instruments and may also take limited exposure in structured products. The maximum duration of the fund shall not exceed 3 years. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 1,624,412 Net Asset Value 52.19 Net Income 199,613 o Pak Capital Protected Fund- FIS Pakistan Capital Protected Fund-Fixed Income Securities (PCPF-FIS) is an openend Fund. Fund is invested in bank deposits with Habib Metropolitan Bank that will yield a future value at maturity equivalent to the initial size of the Fund (plus fund expenses), providing 100% protection of total initial investment to the investors. The remaining fund is invested in fixed income securities aimed at providing investors an opportunity to earn high return relative to bank deposits. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 236,675,000 Net Asset Value 11.04 Net Income 20,399,000 o AH Dow Jones Safe Pak Titan 15 Index Fund AH Dow Jones SAFE Pakistan Titans 15 Index Fund (AHDJPF) is an Open End Index Tracker Fund which aims to provide investors with a total return that closely corresponds to the return of the Dow Jones SAFE Pakistan Titans 15 Index
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Salient Features

Only Pakistani fund structured on an index by International Index Provider. Single Ticket Acquisition Small Ticket Entry Lower Transaction Costs Optimal Liquidity High Correlation with KSE-100 (Back-tested 5-years [Aug 2005 - July 2010]) Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 122,687,000 Net Asset Value 58.03 Net Income 16,973,000

o Pak Strategic Allocation Fund Pakistan Strategic Allocation Fund (PSAF) is an open end strategic allocation fund which primarily invests in equities based on a quantitative model. The Fund takes advantage of equity market volatility and buys equities when they are underpriced and sells equities when they are overpriced. The fund is mostly invested in liquid stocks. Under the NBFC Rules, it is only allowed to borrow up to 15% of net assets for up to 90 days to meet redemption needs. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 608,242 Net Asset Value 8.69 Net Income 114,294 o Pak Premier Fund Pakistan Premier Fund (PPF) is a open end equity fund. The fund takes a long term value investing approach and the portfolio is diversified across all major sectors with stocks having long term positive fundamentals. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 687,525 Net Asset Value 9.64 Net Income 41,403 o MCB Dynamic Cash Fund MCB-DCF through active management will aim to provide optimum returns for its unit holders by investing primarily in Money Market and short term instruments. The fund may also invest a small portion of the fund in medium to

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long term assets in order to provide higher returns to the unit holders. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 5,019,700 Net Asset Value 101.32 Net Income 591,541 o MCB Cash Management Optimizer Fund MCB CMOP is purely a money market fund which shall make investments in money market instruments with a maximum maturity of 180 days and weighted average maturity up to 90 days. The main areas of investment would be Treasury Bills, Cash and Near-Cash Instruments, Money market placements, Certificate of Deposits (COD's), Certificate of Musharika (COM's), Term Deposits (TDR's), Commercial Papers etc. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 10,393,121 Net Asset Value 100.25 Net Income 1,062,925 o MCB Dynamic Stock Fund MCB DSF invests primarily in the equities listed on the stock exchanges. The fund may also invest in equity related, hybrid or debt securities or short to medium term fixed income securities or low risk asset when it has a bearish view on equity markets. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 692,872 Net Asset Value 82.71 Net Income o MCB Dynamic Allocation Fund MCB DAF shifts exposures in to debt or equity as per market conditions and discretion of the Management Company. The fund may invest up to 100% in equity securities or up to 100% in debt securities according to market conditions. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 332,580 Net Asset Value 69.84 Net Income 58,655

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o MCB Islamic Income Fund The Fund shall seek to provide the investors with a rate of return consistent with a broadly diversified portfolio of long, medium, and short term, high quality Shariah Compliant fixed income instruments. The funds shall only be invested in Shariah compliant avenues with minimum credit rating of A+ (A Plus) Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Net Asset Value Net Income Askari Investments Management Limited o Askari Sovereign Cash Fund The objective of the Fund is to provide investors a money market instrument with high level of liquidity, stability in earning and very high level of credit. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 6,389,900,643 Net Asset Value 100.6900 Net Income 488,568,560 o Askari Islamic Income Fund The objective of the Fund is to provide investors a Shariah compliant product with stable halal income. The fund would target on capitalizing available opportunities in the Shariah compliant income generating instruments with the focus on superior quality portfolio compared with average portfolio quality of Islamic income funds in the industry and enhanced returns. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 452,751,707 Net Asset Value 102.6136 Net Income 30,585,436 o Askari High Yield Scheme The objective of the Fund is to provide investors an opportunity to make competitive returns from fixed income securities while targeting a portfolio duration of six months. In addition to accruing benefits from fixed income securities, the Fund would target capitalizing on yield enhancing opportunities available in the market using its proprietary investment efficiency tools. The Fund Rs. 181,557,000 100.25 458,000

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would aim to achieve top quartile performance in its category. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 1,731,515,674 Net Asset Value 100.0281 Net Income 71,062,507 o Askari Islamic Asset Allocation Fund The objective of the Fund is to provide investors a unique AIM Based Shariah compliant Investment solution focused on a Total Return based philosophy. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 124,487,504 Net Asset Value 111.8516 Net Income 13,109,588 o Askari Asset Allocation Fund To invest in top quality companies with a view to achieve Total Returns of Risk Free + 4% (CAGR) over a rolling period of three years using market price volatility to advantage. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 177,149,656 Net Asset Value 41.0517 Net Income/(loss) (16,042,681)

Atlas Asset Management Limited o Atlas Money Market Fund Open ended fund The investment objective of Atlas Money Market Fund is to provide its unit-holders competitive returns from a portfolio of low risk, short duration assets while maintaining high Liquidity. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 3,316,615,640 Net Asset Value 516.97 Net Income 283,224,157

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o Atlas Income Fund Open ended AIF aims at achieving a good rate of current income consistent with reasonable concern for principal and to provide the investors with liquidity and the facility to join or leave the fund at their convenience. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 786,934,887 Net Asset Value 514.21 Net Income 63,170,609 o Atlas Stock Market Fund Open ended- Equity ASMF aims at achieving a good rate of current income consistent with the prospects of appreciation in the value of amount invested and to provide the facility to join or leave the fund at their convenience. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 650,258,865 Net Asset Value 444.26 Net Income 186,007,938 o Atlas Islamic Income Fund Open Ended Shariah Compliant Fund The Funds primary objective is to provide investors with a good and stable rate of current income consistent with long-term preservation of capital in a Shariah Compliant manner. A secondary objective is to take advantage of opportunities to realize capital appreciation. The Fund shall seek to provide the investors with a rate of return consistent with a broadly diversified portfolio of long, medium and short term, high quality Islamic income instruments Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 379,804,937 Net Asset Value 513.95 Net Income 31,269,049 o Atlas Islamic Stock Fund Open ended- Equity Islamic Fund The Fund has been formed to enable Unit Holders to participate in a diversified portfolio of Shariah Compliant securities such as equities,
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profit bearing securities and other Shariah Compliant securities available outside Pakistan. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Rs. 318,776,676 Net Asset Value 409.09 Net Income 97,395,823

o Atlas Fund of Funds The purpose of introducing ATFF is to provide investors a one-window facility to invest in diversified portfolio of equity securities of closed-end schemes and open-end schemes offering consistent returns and growth. Any amounts, which have not been invested in securities of closed-end schemes, may be invested in authorized investments as under:

Repurchase transactions (REPOs) and reverse REPOs, including Continuous Funding System (CFS) through the clearing house of a Stock Exchange Money Market Instruments Deposits in banks on profit and loss (PLS) basis

The Fund will invest mainly in other closed-end funds. In selecting the closed-end funds, the investment adviser shall follow the following three criteria.

Discount at which a closed-end fund is traded Evaluation of portfolio of the investee fund Trading activities in shares of investee funds

Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Asset Net Asset Value Net Income Rs. 434,531,666 9.73 134,840,720

BMA Asset Management Company Limited o BMA Chundrigar Road Savings Fund It is an open-end Income fund that caters to the investors need for keeping their mutual fund investments as liquid and accessible as a bank account while generating optimum returns benchmarked to outperform 1month KIBOR rates. Financial facts from financial statement of June 30, 2011 are reported here in Rupees
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Net Assets Net Asset Value Net Income

119,152,294 9.52 19,931,844

o BMA Empress Cash Fund Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 675,992,149 Net Asset Value 10.55 Net Income Dawood Capital Management Limited o Open end Dawood Income Fund To preserve the investors capital while providing a return greater than that offered by other investments of similar risk profile through investments in a portfolio of money market instruments. Income Scheme Perpetual Forward pricing mechanism Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 452,127,325 Net Asset Value 83.97 Net Income 66,178,024 Dawood Islamic Fund Islamic asset allocation Scheme Perpetual Forward pricing mechanism To provide Riba-Free Halal Munafa! to investors by investing maximum 25% of net assets in equities, with the high percentage of non-equity income providing stability. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 344,295,691 Net Asset Value 112.26 Net Income 39,563,978

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o Close end First Dawood Mutual Fund (FDMF) Balanced Scheme Forward pricing mechanism To preserve the investors capital while providing a return greater than that offered by other investments of similar risk profile through investments in a mixed portfolio of money market, fixed income and stocks. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 549,712,562 Net Asset Value 9.47 Net Income 65,033,573 Faysal Asset Management Limited o Faysal Asset Allocation Fund FAAF is an open-ended asset allocation scheme managed by Faysal Asset Management Limited. FAAF endeavors to provide investors with an opportunity to earn long-term capital appreciation optimizing through broad mix of asset classes encompassing equity, fixed income & money market instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 351,579,625 Net Asset Value 70.71 Net Income 25,946,230 o Faysal Balanced Growth Fund Faysal Balanced Growth Fund (FBGF) is an open-ended mutual fund. FBGF seeks to provide long-term capital appreciation with a conservative risk profile and a medium to long-term investment horizon. FBGFs investment philosophy is to provide stable returns by investing in a portfolio balanced between equities and fixed income instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 360,190,437 Net Asset Value 72.27 Net Income 52,778,832 o Faysal Income and Growth Fund The prime objective of Faysal Income & Growth Fund (FIGF) is to provide superior long-term risk adjusted returns by investing in a diverse pool of fixed
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income securities, including money market instruments; in particular, the aim is to minimize interest rate risk through duration management and default risk through portfolio diversification. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 603,546,154 Net Asset Value 104.45 Net Income 55,193,233 o Faysal Islamic Savings Growth Fund Faysal Islamic Savings Growth Fund an open ended mutual fund seeks to provide maximum possible preservation of capital and a reasonable rate of return via investing in Shariah Compliant money market and debt securities having good credit quality rating and liquidity. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 295,402,235 Net Asset Value 103.51 Net Income 22,100,240

o Faysal Money Market Fund Faysal Money Market Fund an open end mutual fund seeks to provide maximum possible preservation of capital and a reasonable rate of return via investing in money market securities having good credit quality rating and liquidity. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 579,735,927 Net Asset Value 103.68 Net Income 302,515,887 o Faysal Savings Growth Fund Faysal Savings Growth Fund (FSGF) an open-ended mutual fund seeks maximum preservation of capital and a reasonable rate of return via investing primarily in money market and debt securities having good credit rating and liquidity. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 4,555,720,619 Net Asset Value 102.99 Net Income 579,701,233 First Capital Investments Limited o FIRST Capital Mutual Fund
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FCMF will seek to augment the wealth of investors through investments geared towards securing maximum returns while simultaneously offsetting resultant risks through efficient diversification across sectors with low correlation amongst them. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 257,218,667 Net Asset Value 8.55 Net Income 25,989,448 Habib Asset management Limited o First Habib Income Fund FHIF is an income fund which mainly invests in high quality fixed income securities like TFCs, Treasury Bills and Bank deposits in order to provide the investors consistent returns by diversifying risks. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 1,251,463 Net Asset Value 103.07 Net Income 161,947 o First Habib Stock Fund FHSF is an equity fund which aims at providing regular return to the investors by investing in diversified portfolio of listed shares offering good dividends and prospects of capital appreciation. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 123,304 Net Asset Value 110.11 Net Income 21,065 o First Habib Cash Fund FHCF is a money market fund. The fund invests primarily in Govt. securities like T-Bills. The fund will not take exposure in long term debt instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 569,989 Net Asset Value 103.3 Net Income 19,568 HBL Asset Management Limited o HBL Income Fund Open end Income Fund

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To provide a stable stream of income with moderate level of risk by investing in fixed income securities/ instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 1,512,897 Net Asset Value 101.7643 Net income 172,886

o HBL Stock Fund Open end Equity Fund To provide long term capital growth and income by investing in a diversified pool of equities and equity related instruments. The fund will also invest in short /medium/ long term fixed income securities as well as in derivative, for hedging when it has a bearish view on the market. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 1,986,282 Net Asset Value 103.9008 Net income 194,208 o HBL Money Market Fund Open End Money Market Fund To seek high liquidity and competitive return for investors by investing in low risk securities of shorter duration, with maturity up to six months, in a manner that weighted average maturity of net assets of the fund is 90 days or less. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 4,112,338 Net Asset Value 103.0504 Net income 328,491 o HBL Multi Asset Fund Open End Balance Fund To provide long term capital growth and income by investing in multiple asset classes such as Equity, Equity related instruments, Fixed Income Securities, CFS and Money Market. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 333,339
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Net Asset Value Net income

99.4110 51,205

o HBL Islamic Money Market Fund Open end money market scheme To seek high liquidity, competitive return and maximum possible preservation of Capital for investors by investing in low risk Shariah Compliant securities. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 397,438 Net Asset Value 101.4612 Net income 5,724 o HBL Islamic Stock Market Fund Open end equity scheme To achieve long term capital growth by investing mainly in Shariah Compliant equity securities Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 268,588 Net Asset Value 102.5007 Net income 4,073
IGI Funds Limited o IGI Capital Protected Fund Open ended Benefits

Exposure to fast rising international commodity prices Capital Protection Diversification of your investment Professional fund management Tax Free Investments

o IGI Money Market Fund The IGI Money Market Fund (IGIMMF) seeks to provide a liquid investment opportunity and generate returns above those of its peer group. The Fund will invest primarily in the money market specifically in cash and near cash instruments such as cash in bank accounts, treasury bills, money market placements, certificate of deposits, certificate of musharika (COM), TDRs,
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commercial papers and reverse repos. The portfolio of IGIMMF will be constituted of AA rated instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 2,694,679,191 Net Asset Value 101.75 Net Income 201,392,786 o IGI Income Fund The investment objective of the IGI Income Fund is to minimize risk, construct a liquid portfolio of fixed income instruments and provide competitive returns. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 830,103,621 Net Asset Value 103.94 Net Income 141,263,132

o IGI Stock Fund The IGI Stock Fund seeks long-term capital growth by investing primarily in a diversified pool of equities and equity related investments. The equity stocks are evaluated based on a combination of growth and value parameters. The best companies are then chosen from each sector. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 282,388,626 Net Asset Value 131.71 Net Income 64,620,407 o IGI Islamic Income Fund The investment policy of the Scheme shall select instruments from within the specified Shari'ah Compliant Authorized Investments and invest only in asset classes mentioned in the Offering Document. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 680,474,277 Net Asset Value 103.49 Net Income 50,049,627 o IGI Aggressive Income Fund The Fund is currently in restructuring phase with all efforts focused towards improving the liquidity, returns, and asset quality of the fund. This will be done by reducing exposure in current TFC and Sukuk issues and redirecting it to better and liquid avenues like government securities and high quality TFC issues, so as
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to improve the asset quality of the fund. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs.721,726 Net Asset Value 41.51 Net Income/ (loss) (87,720) JS Investments Limited o Open End Funds Unit Trust Of Pakistan UTP is a balanced fund that aims to preserve and grow investors capital in the long term while providing a regular stream of current income on an annual basis. JS Income Fund JS IF is a mutual fund that invests in high quality fixed income and money market instruments to provide returns comparable to those offered by most term deposits while ensuring daily liquidity like current or savings accounts. JS Aggressive Income Fund JS AIF aims at generating current income on investments while maintaining the prospects of capital appreciation by investing in a diversified portfolio of money market and fixed income instruments. JS Aggressive Asset Allocation Fund JS AAAF is a dynamic asset allocation fund that aims to achieve superior risk adjusted growth in investors capital over the long term. JS Islamic Fund JS ISF aims to grow investors capital in the long term in adherence with principles of Shariah compliance as advised by the Shariah Advisory Board (SAB) of this fund while ensuring liquidity. JS KSE 30 Index Fund The main focus of the JS KSE 30 Fund is to approximate the performance of KSE-30 Index, as adjusted for transaction and other costs, by investing in most or all of the common stocks that comprise the KSE-30 Index in proportions in which they are represented in the Index. JS Principal Secure Fund I
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JS PSF I aim to combine a strategy of providing 100% security of initial investment and the potential to beat term deposit returns through exposure asset allocation strategy. JS Large Capital Fund (Class A) JS LCF, after conversion into an Open-end Scheme that aims to benefit from an attractive Capital Market in an economy with growth potential, to maximize the total investment return consisting of a combination of capital appreciation income. JS Large Capital Fund (Class B) JS Cash Fund JS CF is an open-end Money Market Scheme that mainly invests in low risk short-term fixed income instruments including money market instruments to provide a regular and reasonable return to investors while ensuring high liquidity.

o Close end funds JS Value Fund Limited The fund maintains a mix of equities and debt instruments. Earnings comprise of capital appreciation, dividend income, and interest income. JS Growth Fund The main objective of JS GF is to enable the Certificate Holders to participate in a diversified portfolio of high quality equity securities listed on the stock exchanges and to maximize the investment return, by prudent investment management.

KASB Funds Limited o KASB Income Opportunity Fund Open ended aggressive income fund KASB Liquid Fund seeks to target institutional and retail investors with surplus liquidity and/or interim cash. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 363,876 Net Asset Value 52.9665 Net Income/ (loss) (244,943)

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o KASB Stock Market Fund KASB Stock Market Fund is an open-ended equity fund with the primary objective to generate long term capital appreciation and income for investors from a diversified portfolio of equity and equity related securities, allowing investors further investments or redemption (full or partial) at any point in time. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 4,235,793 Net Asset Value 29.37 Net Income 22,220 o KASB Asset Allocation Fund KASB Asset Allocation Fund (KAAF) (Formerly: KASB Balanced Fund) is an open-ended balanced fund having 30%-40% portfolio in equity and equity related securities while the remaining portion invested in fixed income instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 357,767 Net Asset Value 38.07 Net Income/ (loss) 31,260 o KASB Islamic Income Opportunity Fund KASB Islamic Income Opportunity Fund (KIIOF) (Formerly: KASB Islamic Income Fund) is an income fund purely based on Shariah principles with no direct exposure to the stock market. For consistent income and liquidity, KIIF keeps exposure in short term instruments, while a medium to long term exposure is maintained to add growth to the portfolio. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 204,986 Net Asset Value 96.2502 Net Income/ (loss) (18,413) o KASB Cash Fund KASB Cash Fund (KCF) is an open-ended money market Fund, seeking to generate reasonable returns consistent with low risk from a portfolio constituted of high quality short term instruments including cash deposits and government securities. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 591,811 Net Asset Value 103.3587 Net Income 59,033
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o KASB Capital Protected Gold Fund KASB Capital Protected Gold Fund (KCPGF) is a simple fund that aims to protect investors capital upon maturity of the Fund i.e 2 years and is ideal for all investors who want to take advantage of the growth in the value of Gold as an asset class in Rupee terms. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 502,502 Net Asset Value 109.49 Net Income 41,916 o Crosby Dragon Fund Crosby Dragon Fund was the first open end fund launched by Crosby Asset Management (Pakistan) on December 15, 2003. Crosby Dragon Fund is an equity fund that keeps the investors risk appetite in view and aims to optimize returns to commensurate with the risk exposure. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 162,243,391 Net Asset Value 98.96 Net Income 32,954,244 o Crosby Phoenix Fund Crosby Phoenix Fund is the second open end fund launched by Crosby Asset Management (Pakistan) on April 2, 2009. The Funds primary objective is to provide investors with a reasonable rate of current income along with the aim of preservation of capital. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 171,536,061 Net Asset Value 110.13 Net Income 19,150,723 o AMZ Plus Income Fund AMZ Plus Income Fund (APIF) was launched on February 23, 2006 by AMZ Asset Management Company Limited as an open end income fund. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 112,640 Net Asset Value 59.91 Net Income/ (loss) (26,420)

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Lakson Investments Limited o Domestic funds Lakson Money Market Fund The investment objective of the Lakson Money Market Fund is to provide stable and competitive returns in line with the money markets, exhibiting low volatility consistent with capital preservation by constructing a liquid portfolio of low risk short term investments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 4,154,524,739 Net Asset Value 101.0097 Net Income 410,884,001 Lakson Income Fund The investment objective of the Lakson Income Fund is to provide competitive total return through investment in a diversified portfolio of fixed income securities. Investments will be made in a variegated mix of short term, medium term and longer term maturities depending on the assessment by the Investment Team of interest rate trends and prospective returns. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 1,006,199,775 Net Asset Value 101.1605 Net Income 98,755,848 Lakson Equity Fund The investment objective of the Lakson Equity Fund is to provide longterm capital appreciation by investing mainly in equity and related listed securities. Investments will be made in companies of substance, financial strength and demonstrably superior management skills with some exposure given to smaller capitalized value stocks. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 132,994,116 Net Asset Value 119.6452 Net Income 22,691,160

o International funds Lakson Asset Allocation Developed Market Fund The investment objective of the Lakson Asset Allocation Developed Markets Fund is to provide long-term capital appreciation by investing in a mix of domestic debt and developed markets securities.
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Lakson Emerging Market Fund The investment objective of the Lakson Asset Allocation Emerging Markets Fund is to provide long-term capital appreciation by investing in a mix of domestic debt and emerging market securities. Lakson Asset Allocation Global Commodities Fund The investment objective of the Lakson Asset Allocation Global Commodities Fund is to provide long-term capital appreciation by investing in a mix of domestic debt and commodities.

Magnus Investments Advisors Limited Magnus Investment Advisors Limited (Magnus or the Company) is a boutique investment advisory firm based in Karachi, Pakistan. They offer portfolio management services to institutional clients. We are incorporated as a Non Banking Finance Company and licensed as an Investment Advisor by Securities and Exchange Commission of Pakistan (SECP). UBL Funds Manager Limited o Pakistan user Conventional schemes UBL Principal Protected Fund I UBL Liquidity Plus Fund UBL Government Securities Fund UBL Savings Income Fund UBL Growth and Income Fund United Stock Advantage Fund Islamic schemes UBL Islamic Savings Fund United Islamic Income Fund United Composite Islamic Fund o International user Conventional Schemes UBL Liquidity Plus Fund UBL Government Securities Fund UBL Savings Income Fund United Growth and Income Fund United Stock Advantage Fund Islamic schemes UBL Islamic Savings Fund
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United Islamic Income Fund United Composite Islamic Fund

National Asset Management Company Limited (NAMCO) o NAMCO Balanced Fund NBF is a closed-end balanced fund constituted under Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003. A balanced fund theoretically provides stable income stream along with an equity upside potential. A balanced fund has a greater potential to diversify risk by investing in different asset classes, rather than just diversifying between instruments, as would be the case in dedicated equity or dedicated fixed income funds. Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Asset Value Net Income o NAMCO Income Fund Rs. 766,207,213 7.66 85,966,916

NAMCO Income Fund (NIF) is an Open-end scheme which proposes to invest in fixed income instruments with the objective to minimize risk, construct a liquid portfolio of fixed income instruments and provide competitive returns. Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Asset Value Net Income Rs. 91,952,932 102.98 9,338,718

National Investment Trust Limited o NI(U)T The core objective of NIT is to maximize returns for Unit holders, provide a regular stream of current income through dividends, while long term growth is achieved by the management of diversified portfolio and investments into growth and high yielding equity securities. It is an Open End Equity Fund and may invest in stocks listed on any stock exchange in Pakistan. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 40,464,551 Net Asset Value 32.14 Net Income 5,459,803

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o NI(U)T-LOC The core objective of NIT is to maximize returns for Unit holders, provide a regular stream of current income through dividends, while long term growth is achieved by the management of diversified portfolio and investments into growth and high yielding equity securities. It is an Open End Equity Fund and may invest in stocks listed on any stock exchange in Pakistan Based on Quarterly report March 31, 2011 the financial facts are Net Assets Rs. 3,608,116 Net Asset Value 25.74 Net Income 135,741 o NIT-SEF The Objective of the Fund is to take advantage of market conditions and acquire a selection of Eligible Stocks thereby creating an opportunity for investors to achieve superior returns. It is an Open End Equity Fund. The Fund may invest in eight eligible stocks. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 26,366,144 Net Asset Value 95.71 Net Income 3,325,396 o NIT-EMOF Objective of the Fund is to invest the Funds in Equity Market at a time when the Management Company of the Fund has reasons to believe that there is an opportunity to invest the fund in a gainful manner and such investment is in the benefit of the Fund taking a long term perspective. It is an Open End Equity Fund and may invest in 50 eligible stocks listed on Karachi stock exchange of Pakistan. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 5,712,084 Net Asset Value 121.62 Net Income 405,634

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o NIT-GBF The primary objective of NIT - GBF is to generate best possible return with minimum risk, for its Unit Holders, by investing primarily in the government securities. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 3,055,504 Net Asset Value 11.1169 Net Income 304,765 o NIT-IF It is also an open end Income Fund. The objective of "NIT IF" is to generate competitive stream of return with moderate level of risk for its unit holders, by investing primarily in portfolio of fixed income securities with weighted average time to maturity not exceeding four (4) years. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 2,013,727 Net Asset Value 11.2029 Net Income 206,725 NBP Fullerton Asset Management Limited o Money Market Funds NMMF is an open end Money market fund, with no direct or indirect exposure to shares, TFCs, MTS and debt instruments. It provides safe and consistent returns via investment in short-term T-Bills, bank deposits and money market instruments.
o

Shariah Compliant Funds NIMF is a Shariah Compliant open end Balanced fund. It seeks to provide longterm capital appreciation with a moderate risk profile and a medium to long-term investment horizon.

o Income Funds NFSIF is an open end Income fund, with an objective of providing income enhancement and preservation of capital by investing in prime quality Financial Sector TFCs/Sukuks, Bank deposits and short-term money market instruments.

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Financial facts from financial statement of June 30, 2011 are reported here in Rupees
Net Assets Net Asset Value Net Income/ (loss) Rs. 460,934 9.7109 (20,181)

o Asset Allocation Funds NAAF is an open end Asset Allocation fund. It endeavors to provide investors with an opportunity to earn long-term capital appreciation optimizing through broad mix of asset classes encompassing equity, fixed income & money market instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees Net Assets Rs. 282,722 Net Asset Value 11.3204 Net Income 43,845 o Balanced Funds NIMF is a Shariah Compliant open end Balanced fund. It seeks to provide longterm capital appreciation with a moderate risk profile and a medium to long-term investment horizon. NIMFs investment philosophy is to provide stable returns by investing in a Shariah Compliant portfolio balanced between equities and fixed income instruments. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 288,582 Net Asset Value 10.8072 Net Income 74,783 o Equity Funds NSF is an open end Equity fund. It would benefit Investors seeking higher growth on capital with high risk exposure and availing tax benefits with the ease of withdrawing money at their convenience. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 926,795 Net Asset Value 7.5427 Net Income 207,399

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Pak Oman Asset Management Company Limited o Open ended funds POGSF The investment objective of POGSF is to provide investor(s) competitive returns with low risk. POGSF preserves capital of investors to maximum possible extent by investing primarily in Government securities. It provides easy liquidity and attractive income to its Unit Holder(s). It provides investor(s) with extremely low credit risk. The financial facts reported in the financial statement of 31st December, 2011 are presented here Net Assets Rs. 342,354 Net Asset Value 10.2344 Net Income 15,891 POAIIF The primary investment objective is to provide investors with competitive current income and long term capital growth primarily by investing in a diversified portfolio of shariah compliant investment instruments, including shariah compliant securities available for investments outside Pakistan, subject to applicable laws. Suitable for both individuals and corporate investors. Riba free attractive rates of return with minimum risk. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 431,557 Net Asset Value 52.2736 Net Income 31,773 POAAAF The basic objective is to invest in equity securities, short term and medium term fixed income securities. The fund aims to generate competitive long term return for its unit holders. Option to withdraw funds at any time.

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Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 214,863 Net Asset Value 57.83 Net Income 28,575 POIAAF The primary objective is to provide investor with competitive current income and long term capital growth by investing in diversified portfolio of Shariah compliant investment instruments including Shariah compliant securities available outside Pakistan subject to applicable laws. Option to withdraw funds at any time. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 130,365 Net Asset Value 63.38 Net Income 24,096 o Close ended funds POAF Is a closed end fund, established through a Trust Deed between Pak Oman Asset Management Limited, the Management Company and Central Depository Company of Pakistan Limited. POAF has been developed with the objective of investing in high quality debt instruments of commercial banks. POAF will have a limited life of 8 years, after which the fund will be wound down and investors will be paid back Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 1,124,798 Net Asset Value 11.25 Net Income 111,133 PICIC Asset Management Company Limited o Open ended funds PICIC Income Fund To provide consistent returns to its investors through active investments in a blend of short, medium and long term debt instruments, both within and outside Pakistan. The fund aims to preserve capital while maximizing returns through efficient utilization of investment and liquidity

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management tools. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 1,337,249 Net Asset Value 103.2693 Net Income 187,633 PICIC Stock Fund The fund aims to provide investors a diversified equity portfolio with a primary objective of maximizing risk adjusted returns over longer investment horizon a combination of capital gains and dividend income. Financial facts of half yearly financial statement is presented here Net Assets Rs. 96,529 Net Asset Value 94.2645 Net Income/ (loss) (5,875) PICIC Cash Fund The investment objective of the Fund is to provide competitive return to its investors through active investments in low risk portfolio of short duration, while maintaining high liquidity. The Fund will aim to maximize returns through efficient utilization of investment and liquidity management tools. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 1,189,121 Net Asset Value 101.2108 Net Income 44,460

o Close ended funds PICIC Growth Fund PICIC Growth Fund (PGF) is a closed end scheme and its principal business is to invest in listed equity securities with an objective to generate capital growth. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 7,757,300 Net Asset Value 27.36 Net Income 1,198,180 PICIC Investment Fund Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 3,572,294
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Net Asset Value Net Income

12.57 599,794

PICIC Energy Fund PICIC Energy Fund (PEF) is a closed end scheme and its principal business is to invest in listed equity securities of energy sector with an objective to capture significant return. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 1,059,643 Net Asset Value 10.60 Net Income 284,030

Safeway Funds Limited o Safeway Mutual Fund Limited The investment objective of the Fund is to provide its shareholders a vehicle for long-term capital appreciation. The Funds seeks to achieve this objective through investment primarily in high quality equity issues and b9999y diversifying across sectors poised to gain the most from the prevalent macro-economic trends. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 661,979 Net Asset Value 12.16 Net Income 78,580 o Asian Stock Fund Limited The investment objective of the Fund is to provide its shareholders a vehicle for long-term capital appreciation. The Funds seeks to achieve this objective through investment primarily in high quality equity issues and by diversifying across sectors poised to gain the most from the prevalent macro-economic trends. At the same time the Company promotes measures to stabilize revenues by investing an allowable portion of its assets in other non equity securities including listed Fixed Income Securities and hybrid equity issues. Financial facts from financial statement of June 30, 2011 are reported here in Rupees. Net Assets Rs. 645,077 Net Asset Value 7.17 Net Income 84,308

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REFERENCES
1. http://www.ablamc.com/ 2. http://www.akdinvestment.com/ 3. http://www.almeezangroup.com/ 4. http://www.alfalahghp.com/alfalahghp/index.asp 5. http://www.mcbamc.com.pk/ 6. http://www.investwithaim.com.pk/ 7. http://www.investwithaim.com.pk/ 8. http://www.atlasfunds.com.pk/ 9. http://www.bmafunds.com/ 10. http://www.faysalfunds.com/ 11. http://www.mcbamc.com.pk/ 12. http://www.fcil.com.pk/ 13. http://www.edawood.com/dcm/index.php 14. http://www.habibfunds.com/ 15. http://www.hblasset.com/ 16. http://www.igifunds.com.pk/ 17. http://www.jsil.com/default.do?pId=0 18. http://www.kasb.com/funds 19. http://www.li.com.pk/ 20. http://www.magnusinvestments.com/ 21. http://www.ublfunds.com.pk/ 22. http://www.safewayfund.com/ 23. http://www.picicamc.com/ 24. http://www.pakomanfunds.com/ 25. http://www.nafafunds.com/ 26. http://www.nit.com.pk/ 27. http://www.namco.com.pk/

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