Arif Habib Investments – Daily Prices for October 24, 2014

Name of the Fund                                                               Date           Offer     Repurchase         NAV

Pakistan Stock Market Fund (PSM)                                         October 24, 2014    67.35       65.55

Pakistan Income Fund (PIF)                                               October 24, 2014    55.41       53.93

Pakistan Capital Market Fund      PCMF                                   October 24, 2014     9.91        9.65

Pakistan International Element Islamic Fund of Arif Habib (PIEIF-A)      October 24, 2014    53.66       52.23

MetroBank Sovereign Fund Pakistan (MSFP)                                 October 24, 2014    53.21       52.15

Pakistan Strategic Allocation FundPSAF                                   October 24, 2014    10.27       10.00

Pakistan Cash Management Fund (PCF)                                      October 27, 2014    51.3914     51.3914

Pakistan Income Enhancement Fund (PIEF)                                  October 24, 2014    54.53       53.08

MCB Cash Management Optimizer                                            October 27, 2014   102.7389    102.7389

MCB Dynamic Allocation Fund                                              October 24, 2014    77.9321     74.8133

MCB Dynamic Cash Fund                                                    October 24, 2014   107.0080    104.8668

MCB Islamic Income Fund – TYPE A                                         October 24, 2014   104.0456    101.9636

Pakistan Pension Fund – Equity                                           October 24, 2014                                289.63

Pakistan Pension Fund – Debt                                             October 24, 2014                                183.16

Pakistan Pension Fund – Money Market                                     October 24, 2014                                184.43

Pakistan Islamic Pension Fund – Equity                                   October 24, 2014                                296.13

Pakistan Islamic Pension Fund – Debt                                     October 24, 2014                                171.54

Pakistan Islamic Pension Fund -Money Market                              October 24, 2014                                157.60

Note: Back-end load applies wherever applicable as per offering document.