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MCBIM-FUNDS - FoxLogica

MCBIM-FUNDS

⏸️ MCBIM-FUNDS: HOLD Signal (5/10) – MCB PAKISTAN FIXED RETURN FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

MCB Pakistan Fixed Return Fund’s financial results for the quarter ended September 30, 2025, show a net income for the period after taxation of PKR 153.254 million. This is derived from the two plans of the fund, PFRP-23 and PFRP-25. Most of the income is generated from government securities. Total assets for PFRP-23 are reported at PKR 6,381.138 million and PFRP-25 at PKR 5,167.085 million.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 💰 Net income for the period after taxation is PKR 153.254 million.
  • 📈 The net income includes PKR 150.746 million from PFRP-23.
  • 📊 And PKR 2.508 million from PFRP-25.
  • 🏛️ Total income is mainly from income from Government securities amounting to PKR 174.139 million.
  • 📉 Unrealized loss in fair value of investments classified at fair value through profit or loss’ – net: PKR (5.805) million.
  • 🏦 Profit on bank deposits: PKR 929 thousand.
  • 🧾 Total assets for PFRP-23: PKR 6,381.138 million.
  • 🗜️ Total assets for PFRP-25: PKR 5,167.085 million.
  • 💸 Net assets for PFRP-23: PKR 6,340.608 million.
  • 💵 Net assets for PFRP-25: PKR 5,166.897 million.
  • 🏦 Number of units in issue for PFRP-23: 61,898,635.
  • 📈 Number of units in issue for PFRP-25: 51,643,890.
  • 📊 Net assets value per unit for PFRP-23: 102.4352.
  • ✨ Net assets value per unit for PFRP-25: 100.0486.

🎯 Investment Thesis

Given the fund’s focus on fixed income securities, particularly government securities, and a lack of significant growth catalysts in the short term, a HOLD recommendation is appropriate. The fund provides a stable income stream with relatively low risk (due to its government securities holdings). The price target should be based on the fund’s yield and prevailing interest rates, with a re-evaluation contingent on macroeconomic developments in Pakistan. There is no set time horizon.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

⏸️ MCBIM-FUNDS: HOLD Signal (5/10) – ALHAMRA WADA FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Alhamra Wada Fund’s financial results for the quarter ended September 30, 2025, have been reviewed and approved. The report includes statements of assets and liabilities, profit and loss, other comprehensive income, movement in unit holders’ fund, and cash flows. Earnings per unit (EPU) were not disclosed due to the impracticability of calculating the weighted average number of units. Total income is reported at PKR 83.401 million while total expenses are PKR 2.050 million. The fund’s investment strategy focuses on investments at fair value and government securities.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 💰 Total assets amount to PKR 5,219.025 million as of September 30, 2025.
  • 🏦 Bank balances stand at PKR 385.359 million.
  • 📈 Investments total PKR 4,770.608 million.
  • 🧾 Profit receivable is PKR 398 thousand.
  • 🤝 Total liabilities are PKR 51.794 million.
  • 💼 Net assets reach PKR 5,167.231 million.
  • 📊 Net Assets Value (NAV) per unit is PKR 100.5729 for Alhamra Wada Plan XIII, PKR 102.5243 for Plan XVII and PKR 102.5170 for Plan XX.
  • 💸 Total income for the quarter ended September 30, 2025, is PKR 83.401 million.
  • 📉 Total expenses for the quarter are PKR 2.050 million.
  • ✅ Net income for the period after taxation is PKR 81.351 million.
  • 🏛️ Remuneration of MCB Investment Limited – Management Company is PKR 742 thousand.
  • 🏦 Sindh Sales Tax on remuneration of Management Company is PKR 111 thousand.
  • 💵 The fund holds income from government securities at PKR 67.885 million.
  • 🏦 Profit on bank deposits contributed PKR 3.952 million to total income.
  • 💹 Cash and cash equivalents at the end of the period were PKR 385.359 million

🎯 Investment Thesis

Given the limited data and lack of EPS disclosure, a definitive BUY/SELL recommendation is difficult. Based on the data available, I recommend a HOLD position. A more informed decision requires the disclosure of EPS and a comparative analysis with sector peers. Price target cannot be reliably determined without EPS.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

⏸️ MCBIM-FUNDS: HOLD Signal (5/10) – MCB PAKISTAN SOVEREIGN FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

MCB Pakistan Sovereign Fund’s financial results for the quarter ended September 30, 2025, reveal a decrease in net income compared to the same period last year. The fund’s net income after taxation stood at PKR 841.687 million, a significant drop from PKR 1,602.595 million in 2024. Total assets increased substantially from PKR 29,260.849 million to PKR 42,595.844 million. The Net Asset Value (NAV) per unit experienced a slight increase, moving from PKR 55.03 to PKR 56.34.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📉 Net income for the period decreased to PKR 841.687 million, a substantial decline from PKR 1,602.595 million in the same quarter last year.
  • ⬆️ Total assets increased significantly to PKR 42,595.844 million, compared to PKR 29,260.849 million as of June 30, 2025.
  • 📊 Investments increased to PKR 34,307.240 million from PKR 24,037.384 million.
  • 💰 Profit on bank deposits increased to PKR 78.171 million from PKR 67.290 million.
  • 📉 Unrealized appreciation diminution in fair value of investments led to a loss of PKR 16.039 million, compared to a gain of PKR 657.943 million in the previous year.
  • ⬆️ Total expenses increased to PKR 140.922 million from PKR 90.283 million.
  • 💼 Remuneration of the Management Company increased to PKR 109.318 million from PKR 68.794 million.
  • 💸 Net cash used in operating activities was PKR (5,090.307) million compared to PKR (19,832.299) million.
  • 🏦 Cash and cash equivalents at the end of the period increased to PKR 9,254.537 million from PKR 5,668.130 million.
  • 📈 NAV per unit increased slightly to PKR 56.34 from PKR 55.03.
  • 💸 Income already paid on units redeemed was PKR (73.525) million compared to PKR (49.058) million.
  • issuance of 307,691,416 units during the quarter.

🎯 Investment Thesis

Given the decreased net income and increased expenses, a HOLD recommendation is appropriate for MCB Pakistan Sovereign Fund. While the fund has shown growth in total assets and a slight increase in NAV, the declining profitability raises concerns. Further analysis and monitoring are necessary to assess the long-term impact of these trends. A BUY recommendation could be considered if profitability improves and expenses are managed more effectively.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

⏸️ MCBIM-FUNDS: HOLD Signal (5/10) – PAKISTAN INCOME FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

The Pakistan Income Fund’s financial results for the quarter ended September 30, 2025, show a decrease in net income after taxation to PKR 60.323 million compared to PKR 134.849 million in the same period last year. Total assets increased to PKR 2,411.736 million from PKR 1,442.527 million, driven by higher investments. The Net Assets Value (NAV) per unit increased slightly from PKR 55.0236 to PKR 56.5412. Cash flow from operations was negative due to increased investment, while financing activities generated positive cash flow from unit issuances.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📉 Net income after taxation decreased significantly to PKR 60.323 million from PKR 134.849 million year-over-year.
  • 📈 Total assets increased substantially to PKR 2,411.736 million, up from PKR 1,442.527 million.
  • 📊 Investments grew to PKR 1,589.826 million from PKR 918.303 million, indicating portfolio expansion.
  • 💸 Operating cash flow was negative at PKR (774.240) million due to increased investment activities.
  • 🏦 Cash and cash equivalents increased to PKR 748.154 million from PKR 69.196 million.
  • ⬆️ NAV per unit saw a slight increase to PKR 56.5412 from PKR 55.0236.
  • 💰 Income from markup/return on investments decreased to PKR 45.672 million from PKR 84.890 million.
  • 📉 Gain on sale of investments decreased to PKR 5.294 million from PKR 28.812 million.
  • 🚫 Earnings Per Unit (EPU) was not disclosed due to impracticability of calculation.
  • 💸 Positive cash flow from financing activities of PKR 973.282 million driven by unit issuances.
  • ⬆️ Number of units in issue increased to 42,379,999 from 24,764,119.
  • ⚠️ Unrealized depreciation on re-measurement of investments resulted in a loss of PKR (2.697) million.
  • 📈 Expenses increased to PKR 12.505 million from PKR 10.568 million.

🎯 Investment Thesis

HOLD. The Pakistan Income Fund demonstrates mixed performance with decreased profitability offset by increased assets under management. While the increase in the number of units issued is positive, the fund needs to improve its income generation and cash flow management. Given the lack of EPS data, a HOLD recommendation is appropriate until a clearer picture of sustainable profitability emerges. Price target: PKR 58, Time Horizon: Medium Term. The price target is based on the potential for improved earnings, assuming the fund’s investment strategies begin to yield higher returns.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

⏸️ MCBIM-FUNDS: HOLD Signal (6/10) – ALHAMRA ISLAMIC STOCK FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Alhamra Islamic Stock Fund’s financial results for the quarter ended September 30, 2025, show a substantial increase in total income, rising to PKR 2,086.148 million from PKR 185.996 million in the same quarter last year. The fund also saw a significant increase in net assets, reaching PKR 11,583.307 million compared to PKR 6,435.025 million as of June 30, 2025. This growth is partly attributed to increased unit issuance, as the number of units in issue rose from 267,867,506 to 386,971,268. Earnings per unit (EPU) calculation was deemed impracticable by management.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📈 Total income surged to PKR 2,086.148 million, a significant increase from PKR 185.996 million in the same quarter last year.
  • 💰 Net assets grew substantially to PKR 11,583.307 million, up from PKR 6,435.025 million as of June 30, 2025.
  • 📊 Capital gain on the sale of investments increased to PKR 67.852 million from PKR 30.128 million year-over-year.
  • 💸 Dividend income increased to PKR 68.432 million from PKR 49.083 million year-over-year.
  • 🏦 Profit on bank deposits rose to PKR 16.155 million from PKR 7.306 million year-over-year.
  • ✨ Net unrealized appreciation in fair value of investments increased dramatically to PKR 1,933.708 million from PKR 99.479 million year-over-year.
  • ⚠️ Total expenses increased to PKR 93.735 million from PKR 47.887 million, mainly due to higher management remuneration.
  • ✅ Net income from operating activities surged to PKR 1,992.413 million from PKR 138.109 million year-over-year.
  • ⬆️ Number of units in issue increased from 267,867,506 to 386,971,268.
  • 💲 Net assets value per unit increased to PKR 29.93 from PKR 24.02 as of June 30, 2025.
  • 💸 Receipts from issuance of units amounted to PKR 7,755.465 million.
  • 💸 Payments on redemption of units amounted to PKR 4,599.595 million.
  • 🏦 Cash and cash equivalents at end of the period increased to PKR 939.133 million from PKR 282.100 million as of June 30, 2025.
  • 🚫 Earnings per unit (EPU) not disclosed due to impracticability of calculation.
  • 👍 Accounting income available for distribution is PKR 1,756.281 million.

🎯 Investment Thesis

HOLD. Alhamra Islamic Stock Fund has demonstrated strong growth in income and net assets. However, the increase in expenses and lack of EPS data warrants caution. The fund’s positive NAV per unit and strong asset growth are encouraging, but further analysis is needed to ascertain a specific price target. A HOLD recommendation is appropriate pending a deeper dive into expense management and earnings sustainability.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

📈 MCBIM-FUNDS: BUY Signal (8/10) – PAKISTAN CAPITAL MARKET FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Pakistan Capital Market Fund’s financial results for the quarter ended September 30, 2025, show a significant increase in net income. The fund’s net assets increased substantially compared to the previous period, driven primarily by unrealized appreciation on investments. This growth also reflects increased unit issuances during the quarter. However, earnings per unit (EPU) calculation was deemed impracticable by management.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Net assets increased to PKR 961.236 million as of September 30, 2025, compared to PKR 749.765 million as of June 30, 2025.
  • 📈 Total income soared to PKR 189.692 million for the quarter ended September 30, 2025, from PKR 22.720 million in the same period last year.
  • 💰 Capital gains on the sale of investments reached PKR 14.106 million, against a loss of PKR 9.044 million in the prior year.
  • 🧾 Dividend income decreased from PKR 16.067 million to PKR 7.869 million YoY.
  • 🏦 Profit on bank deposits declined from PKR 7.234 million to PKR 5.840 million YoY.
  • 💹 Unrealized appreciation on investments was a major driver, contributing PKR 161.852 million to total income.
  • expenses increased to PKR 8.774 million, up from PKR 6.423 million in the prior year.
  • 🚀 Net income for the period stood at PKR 180.918 million, significantly higher than the PKR 16.297 million reported last year.
  • 💵 Total number of units in issue increased to 32,573,748 from 31,505,019.
  • 📊 Net asset value (NAV) per unit increased to PKR 29.51 from PKR 23.80 since June 30, 2025.
  • 💸 Issuance of units generated PKR 87.466 million, while payments on redemption totaled PKR (56.913) million.
  • 🏦 Cash and cash equivalents at the end of the period increased to PKR 308.297 million from PKR 222.058 million.
  • 🚫 Earnings per unit (EPU) were not disclosed due to the impracticality of calculating the weighted average number of units.

🎯 Investment Thesis

Based on the strong financial performance, particularly the substantial increase in net income and NAV per unit, a BUY recommendation is justified. The fund’s exposure to unrealized gains suggests potential for further appreciation if market conditions remain favorable. The increase in unit issuances also indicates growing investor confidence. The price target is set at PKR 33.00 per unit, reflecting an anticipated continuation of the fund’s positive performance trajectory. Time horizon is MEDIUM_TERM, expecting the fund to sustain its growth momentum.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

⏸️ MCBIM-FUNDS: HOLD Signal (5/10) – PAKISTAN CASH MANAGEMENT FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Pakistan Cash Management Fund’s financial results for the quarter ended September 30, 2025, show a significant decrease in net income after taxation, dropping from PKR 629.172 million in 2024 to PKR 116.899 million in 2025. This decline is primarily attributed to a substantial reduction in income from government securities and profit on bank deposits. Despite the decrease in profitability, the fund maintained a stable Net Asset Value (NAV) per unit at PKR 50.4678. The fund’s strategy focused on managing expenses and maintaining a consistent NAV in a challenging economic environment.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📉 Net income after taxation decreased significantly to PKR 116.899 million in Q3 2025, compared to PKR 629.172 million in Q3 2024.
  • 💰 Income from government securities dropped from PKR 505.806 million in Q3 2024 to PKR 58.933 million in Q3 2025.
  • 🏦 Profit on bank deposits decreased from PKR 84.474 million in Q3 2024 to PKR 61.662 million in Q3 2025.
  • 💸 Capital gain on sale of investments decreased from PKR 20.799 million to PKR 7.673 million.
  • 📊 Total income decreased significantly from PKR 676.817 million to PKR 132.327 million.
  • ✅ Total expenses decreased from PKR 47.645 million to PKR 15.428 million.
  • 🏢 Remuneration of MCB Investment Management Limited decreased from PKR 36.171 million to PKR 11.375 million.
  • 🏦 Net cash generated from operating activities increased from PKR 786.458 million to PKR 2,060.009 million.
  • 💸 Net cash used in financing activities shifted from an inflow of PKR 694.769 million to an outflow of PKR (15,831.247) million.
  • ⚖️ Total assets increased from PKR 6,334.172 million to PKR 7,132.310 million.
  • 🏦 Balances with banks increased from PKR 3,210.919 million to PKR 5,965.696 million.
  • Investment in securities decreased from PKR 3,026.712 million to PKR 1,123.600 million.
  • ⬆️ The number of units in issue increased from 124,806,025 to 140,888,902 units.
  • ✔️ NAV per unit remained stable at PKR 50.4678.

🎯 Investment Thesis

HOLD. Given the significant decrease in profitability and stable NAV, a HOLD recommendation is appropriate. While the fund has managed to maintain its value, the reduced income streams pose a concern for future returns. A review of the fund’s investment strategy and market conditions is necessary before considering a BUY or SELL decision. Price target is maintained at PKR 50.4678 per unit.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

📈 MCBIM-FUNDS: BUY Signal (7/10) – MCB PAKISTAN ASSET ALLOCATION FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

MCB Pakistan Asset Allocation Fund’s financial results for the quarter ended September 30, 2025, reveal a significant surge in net income after taxation, jumping to PKR 277.124 million from PKR 20.472 million in the same period last year. This remarkable increase is primarily driven by substantial capital gains on the sale of investments and unrealized appreciation in their fair value. The fund’s total assets have more than doubled, reaching PKR 1,634.003 million, compared to PKR 795.157 million in June 2025. However, the fund management has deemed the calculation of earnings per unit (EPU) impracticable.

Signal: BUY 📈
Strength: 7/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🚀 Net income after taxation soared to PKR 277.124 million, a significant increase from PKR 20.472 million in Q3 2024.
  • 📈 Total assets more than doubled to PKR 1,634.003 million compared to PKR 795.157 million as of June 30, 2025.
  • 💰 Capital gains on the sale of investments reached PKR 26.554 million, compared to a loss of PKR 8.915 million in Q3 2024.
  • ✨ Unrealized appreciation in the fair value of investments was a major contributor at PKR 250.243 million vs. PKR 10.290 million in Q3 2024.
  • 🏦 Balance with banks increased substantially to PKR 282.435 million from PKR 124.675 million as of June 30, 2025.
  • 📊 Investments grew significantly to PKR 1,342.876 million compared to PKR 653.603 million as of June 30, 2025.
  • 💸 Total proceeds from the issuance of units amounted to PKR 927.314 million.
  • 📉 Payments on redemption of units totaled PKR 349.583 million.
  • 💼 Net asset value per unit increased to PKR 232.0017 from PKR 187.4224 as of June 30, 2025.
  • 📝 Management Company remuneration increased to PKR 8.993 million from PKR 5.452 million.
  • ✅ Total expenses increased to PKR 13.904 million from PKR 7.941 million in Q3 2024.
  • 💸 Net cash used in operating activities amounted to PKR (399.806) million.
  • Issuance of new units generated PKR 927.314 million in cash flow.
  • Payouts for unit redemptions consumed PKR 349.583 million in cash flow.

🎯 Investment Thesis

Given the impressive growth in net income, total assets, and NAV per unit, a BUY recommendation is justified. The fund’s ability to generate substantial capital gains and attract new investors supports a positive outlook. Price Target: PKR 250 per unit. Time Horizon: Medium Term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

📈 MCBIM-FUNDS: BUY Signal (7/10) – ALHAMRA ISLAMIC ASSET ALLOCATION FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Alhamra Islamic Asset Allocation Fund reported its financial results for the quarter ended September 30, 2025. The fund’s total assets increased to PKR 2,584.183 million from PKR 2,051.034 million in June 2025. Net income for the quarter stood at PKR 442.803 million, a significant increase compared to PKR 35.598 million in the same period last year. The Net Asset Value (NAV) per unit increased to PKR 213.3969 from PKR 174.5983 in June 2025, reflecting positive performance.

Signal: BUY 📈
Strength: 7/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📈 Total assets increased to PKR 2,584.183 million in September 2025 from PKR 2,051.034 million in June 2025.
  • 💰 Investments grew to PKR 2,142.247 million from PKR 1,754.786 million.
  • 📊 Net income for the period surged to PKR 442.803 million from PKR 35.598 million year over year.
  • ⭐ Net gain on sale of investments significantly increased to PKR 21.964 million from PKR 2.429 million.
  • ✨ Net unrealised gain on revaluation of investments rose substantially to PKR 418.346 million from PKR 27.927 million.
  • 💼 Total income increased to PKR 465.056 million from PKR 53.562 million year over year.
  • 💸 Management company remuneration increased to PKR 16.806 million from PKR 12.843 million.
  • 🧾 Brokerage, settlement and bank charges decreased to PKR 948 thousand from PKR 1.239 million.
  • ✅ The number of units in issue increased to 11,912,578 from 11,579,974.
  • 💹 Net Assets Value per unit increased to PKR 213.3969 from PKR 174.5983 in June 2025.
  • 💸 Cash and cash equivalents increased to PKR 426.136 million from PKR 280.462 million in June 2025.
  • 👍 Net cash generated from operating activities was PKR 68.212 million compared to PKR 132.642 million last year.

🎯 Investment Thesis

Based on the strong financial performance, including significant growth in assets, income, and NAV per unit, a BUY recommendation is warranted. The fund’s ability to generate substantial unrealized gains indicates effective investment strategies. However, investors should monitor market conditions and regulatory changes that could impact the fund’s performance.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

⏸️ MCBIM-FUNDS: HOLD Signal (7/10) – ALHAMRA ISLAMIC ACTIVE ALLOCATION FUND FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Alhamra Islamic Active Allocation Fund’s financial results for the quarter ended September 30, 2025, show a significant increase in total income and net income compared to the same period last year. Total assets have grown substantially, driven by increases in investments. The Net Asset Value (NAV) per unit also saw an increase. The fund’s expenses remain relatively stable. Earnings per unit (EPU) were not disclosed, as the management deemed the calculation of weighted average number of units impractical.

Signal: HOLD ⏸️
Strength: 7/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 💰 Total assets increased from PKR 222.23 million to PKR 293.44 million.
  • 📈 Investments grew significantly from PKR 212.91 million to PKR 284.76 million.
  • 🚀 Total income surged from PKR 6.88 million to PKR 20.11 million.
  • ✨ Net income for the period jumped from PKR 6.48 million to PKR 19.67 million.
  • 💹 NAV per unit rose from PKR 160.26 to PKR 164.55.
  • 💸 Gain on sale of investments increased significantly from PKR 10 thousand to PKR 4.84 million.
  • 📊 Net unrealized gain on re-measurement of investments increased from PKR 6.67 million to PKR 15.01 million.
  • 🏦 Profit on bank balances increased from PKR 206 thousand to PKR 264 thousand.
  • ⚙️ Total expenses slightly increased from PKR 401 thousand to PKR 444 thousand.
  • 🧾 Remuneration of the Management Company went up from PKR 21 thousand to PKR 27 thousand.
  • ⚖️ Number of units in issue increased from 1,381,435 to 1,777,048.
  • 💵 Cash and cash equivalents increased from PKR 6.29 million to PKR 8.56 million.

🎯 Investment Thesis

HOLD. The fund has shown strong income and asset growth, however, the NAV per Unit has only seen a limited growth. Potential investors might wait for a dip, while existing investors can HOLD for the medium term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 15, 2025

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