Japan Credit Rating-Vital Information Service Assigns Star Rankings to Closed-End Balanced Funds

Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has assessed the fund performance rankings of closed-end balanced funds for the one, two and three year periods ended December 31, 2011. 2-year and 3-year rankings are based on weighted average performance over the performance horizon and only include those funds which have completed the full term. Following are the star rankings for periods ended December 31, 2011:

CATEGORY: CLOSED-END BALANCED FUNDS
PERFORMANCE PERIOD: 1, 2 and 3 YEARS

NAME: NAMCO Balanced Fund
1-year ranking: MFR 3-Star
2-year wt. avg. ranking: MFR 3-Star
3-year wt. avg. ranking: MFR 3-Star

The above peer group includes the following funds:

First Dawood Mutual Fund
Meezan Balanced Fund

JCR-VIS star rankings present only comparative performance within a peer-group based on historical risk adjusted returns and do not provide assurance of future returns.

For more information, contact:
Mr. Javed Callea
Advisor
JCR-VIS Credit Rating Company Limited
Tel: +9221 35311861 (10 lines) (Ext: 501)
Fax: +9221 35311872-3
E mail: javed.callea@jcrvis.com.pk