PACRA : AsiaNet-Pakistan

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PACRA Maintains the Stability Rating of Alfalah GHP Income Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating reflects strong credit quality of the portfolio. The portfolio depicts diversification across asset classes. Fund took 52% exposure in cash with banks. The majority of exposure was with banks rated ‘AA+’ and above. …

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PACRA Maintains the Stability Rating of First Habib Islamic Income Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): At end‐Jun’19, majority of the fund’s assets were invested as cash (53%) and Sukuks (42%). This exposure is with banks rated ‘A+’ (53%) and Sukuks rated ‘A’ and ‘AA’. The fund has a highly concentrated …

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PACRA Maintains the Stability Rating of BMA Chundrigar Road Savings Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating reflects the fund’s average credit quality and liquidity profile. At end‐Jun’19, the fund is invested in cash (75%), while exposure as T‐Bills was 13%. The exposure was with banks rated ‘A‐’ and above …

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PACRA Maintains the Stability Rating of Alfalah GHP Money Market Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): AGHP‐MMF intends to have duration not exceeding 60 days. Fund possesses strong credit quality and sound liquidity profile. At end‐Jun’19, fund’s 89% exposure was with banks as cash and duration remained below 60 days. The …

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PACRA Maintains the Stability Rating of AWT Income Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating incorporates the fund’s strong credit quality and sound liquidity profile, emanating from the fund’s current portfolio mix. At end‐Jun’19, fund’s exposure with banks was 61% with majority of exposure in ‘AAA’ rated bank. …

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PACRA Maintains the Stability Rating of Faysal Financial Sector Opportunity Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating reflects sound credit quality and liquidity profile of the fund owing to sizeable investments in high rated avenues. At end‐Jun’19, the fund is primarily invested 80% in cash with high credit quality banks, …

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PACRA Maintains the Stability Rating of Alfalah GHP Income Multiplier Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating reflects the good credit quality and liquidity profile of the fund. At the end of Jun‐19, fund’s exposure was ~49% as cash with banks rated ‘AA‐’ and above. The exposure with TFCs/Sukuks was …

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PACRA Maintains the Stability Rating of Faysal Savings Growth Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating reflects fund’s strong credit quality and sound liquidity profile. At end‐Jun’19, the portfolio is primarily invested in cash 43% while the remaining investment was placed in TFCs of 48%. Going forward, the fund …

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PACRA Upgrades Stability Rating of Atlas Money Market Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating reflects the fund’s low risk profile emanating from the fund’s investment objective to invest in avenues rated ‘AA’ and above. At end Jun 19, asset allocation of the fund consisted of Bank Deposits …

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PACRA Maintains the Stability Rating of First Habib Income Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): At end‐Jun’19, the majority of the fund’s assets were invested as cash (50%) and TFCs (13%). This exposure is with banks rated ‘AAA'(26%) and ‘A+’ (24%). The remaining assets of the fund were invested in …

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PACRA Maintains Stability Rating of Atlas Islamic Income Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating incorporates the fund’s strong credit quality and sound liquidity profile emanating from the fund’s policy to invest only in good quality Shariah compliant instruments. At end Jun-19, 90% of the fund’s net assets …

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PACRA Maintains the Stability Rating of AWT Islamic Income Fund

October 18, 2019 | General Business News

Lahore, October 18, 2019 (PPI-OT): The rating reflects the fund’s credit risk profile emanating from its portfolio which is 66% allocated towards ‘A’ rated banks. The fund continued to remain invested predominantly in banks over the last few quarters. The …

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