Arif Habib Investments – Daily Prices for October 19, 2016

Name of the Fund                                                                Date           Redemption Price    Offer

MCB Pakistan Stock Market Fund                                            October 19, 2016           96.38         99.76

Pakistan Income Fund                                                      October 19, 2016           54.34         55.60

Pakistan Capital Market Fund                                              October 19, 2016           11.50         11.77

Pakistan International Element Islamic Asset Allocation Fund – Type A     October 19, 2016           68.43         70.83

MetroBank-Pakistan Sovereign Fund-Perpetual                               October 19, 2016           53.92         54.85

MCB Pakistan Islamic Stock Fund                                           October 19, 2016           11.61         12.02

Pakistan Cash Management Fund                                             October 20, 2016           51.0063        N/A

Pakistan Income Enhancement Fund                                          October 19, 2016           53.72         54.96

MCB Cash Management Optimizer                                             October 20, 2016          101.8802      101.8802

MCB Pakistan Asset Allocation Fund                                        October 19, 2016           83.8331       86.7748

MCB DCF Income Fund                                                       October 19, 2016          107.5191      109.3730

MCB Islamic Income Fund – TYPE A                                          October 19, 2016          102.1501      103.9114

Pakistan Sarmaya Mehfooz Fund                                             October 19, 2016          108.0482        N/A

MCB Pakistan Frequent Payout Fund                                         October 19, 2016            N/A           N/A

                                                                                                                    NAV

Pakistan Pension Fund – Equity                                            October 19, 2016                        473.79

Pakistan Pension Fund – Debt                                              October 19, 2016                        222.83

Pakistan Pension Fund – Money Market                                      October 19, 2016                        203.89

Pakistan Islamic Pension Fund -Equity                                     October 19, 2016                        485.74

Pakistan Islamic Pension Fund -Debt                                       October 19, 2016                        188.05

Pakistan Islamic Pension Fund -Money Market                               October 19, 2016                        169.56