Arif Habib Investments – Daily Prices for October 30, 2014

Name of the Fund                                                               Date          Offer    Repurchase         NAV

Pakistan Stock Market Fund (PSM)                                         October 30, 2014   67.41      65.61

Pakistan Income Fund (PIF)                                               October 30, 2014   55.60      54.12

Pakistan Capital Market Fund      PCMF                                   October 30, 2014    9.92       9.66

Pakistan International Element Islamic Fund of Arif Habib (PIEIF-A)      October 30, 2014   53.55      52.12

MetroBank Sovereign Fund Pakistan (MSFP)                                 October 30, 2014   53.43      52.36

Pakistan Strategic Allocation FundPSAF                                   October 30, 2014   10.30      10.03

Pakistan Cash Management Fund (PCF)                                      October 31, 2014   51.4403    51.4403

Pakistan Income Enhancement Fund (PIEF)                                  October 30, 2014   54.75      53.29

MCB Cash Management Optimizer                                            October 31, 2014  102.8309   102.8309

MCB Dynamic Allocation Fund                                              October 30, 2014   78.0919    74.9667

MCB Dynamic Cash Fund                                                    October 30, 2014  107.3464   105.1984

MCB Islamic Income Fund – TYPE A                                         October 30, 2014  104.1666   102.0822

Pakistan Pension Fund – Equity                                           October 30, 2014                               288.21

Pakistan Pension Fund – Debt                                             October 30, 2014                               183.68

Pakistan Pension Fund – Money Market                                     October 30, 2014                               184.65

Pakistan Islamic Pension Fund – Equity                                   October 30, 2014                               296.39

Pakistan Islamic Pension Fund – Debt                                     October 30, 2014                               171.70

Pakistan Islamic Pension Fund -Money Market                              October 30, 2014                               157.70

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