MUFAPmufap.com.pk/pdf/mfs/2019/MFS-052019.pdf · Category wise Unit Holder Pattern Asset Allocation Highlights Overview MONTHLY FACT SHEET - OPEN END FUNDS MAY 31, 2019 36% 5% 3%
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MUFAPMutual Funds Association of Pakistan
PKR 531,181 million PKR 142,890 million
Total assets as at May 2019 Highest assets in the Money Market category as at May 2019
9.58 % Return on Shariah Compliant Income PKR 363 million
Highest return for the month of May 2019 Total Net sales for the month of May 2019
May 2019 can be characterized by a tale of two halves for the local bourse. The benchmark KSE 100 Index fell sharply by 6.8% during the first half of the month as fears
of stringent conditions associated with the bailout package from the IMF with its implications for economic growth and corporate profitability gripped the market.
However, the market bucked the trend and a handsome gain of 4.9% was witnessed in the latter half of the month. We attribute this recovery to the announcement of
reactivation of market support fund that perked up investors' interest in the market. Shrugging off overblown concerns on the tough conditionalities associated with
the bailout package from the IMF, smart money poured into the beaten down part of market as indiscriminate panic selling sent the Price-to-Earnings to a screaming
6.3 times forward earnings. In the process, the market made a new low of recent correction of 33,167 points on May 17th 2019. Overall, during the month, the Index lost
810 points (2.2%) to finish the month at 35,975 points.
Industry Size - Assets under Management
Category wise Unit Holder Pattern
Asset Allocation
Highlights
Overview
MONTHLY FACT SHEET - OPEN END FUNDS MAY 31, 2019
36%5%
3%
5%0%
39%1%
5%
0%
3%
11%
Cash Banks & DFIs
NBFCs Reverse Repos Against Govt Securities
Reverse Repos Against All other Securities TFCs
Government Backed/Guaranteed Securities Equities
PIBs TBILLs
Commercial Papers Spread Transactions
CFS/ Margin Financing Others Including Receivables
0%
0%
27%
10%
8%
6%
2%
9% 23%
1%
0% 0%
1%6% 3%
2%0%0%0%0%0%0%
6%
Capital Protected Capital Protected - IncomeMoney Market IncomeShariah Compliant Income Shariah Compliant Fund of FundsShariah Compliant Fund of Funds - CPPI Shariah Compliant EquityEquity Aggressive Fixed IncomeIndex Tracker Shariah Compliant Index TrackerShariah Compliant Balanced Fund Shariah Compliant Money MarketShariah Compliant Asset Allocation Asset AllocationCommodities Balanced
0
50000
100000
150000
200000
250000
300000
Open EndMay'19
Open EndApr'19
38%
11%
35%
9%
2%
5%
16%
Individuals
Banking and FIs
Others
Retirement funds
Porvident fund
Gratuity fund
Pension fund
Monthly Fact Sheet - May 2019 Page 1 of Pages 4
Category May'19 Apr'19
Money Market 9.46% 9.87%
Income 6.05% 10.27%
Equity -9.10% -10.20%
Capital Protected 0.17% -0.01%
Capital Protected - Income -14.91% 14.64%
Fund of Funds - CPPI 0.06% -0.30%
Aggressive Fixed Income 6.47% 10.57%
Balanced -1.14% -3.25%
Asset Allocation -0.74% -2.94%
Fund of Funds -0.15% -1.37%
Index Tracker 0.00% -4.88%
Shariah Compliant Money Market 9.43% 9.45%
Shariah Compliant Income 9.58% 9.38%
Shariah Compliant Equity -3.43% -7.44%
Shariah Compliant Capital Protected Fund 0.34% -1.13%
Shariah Compliant Fund of Funds - CPPI 0.49% -0.59%
Shariah Compliant Aggressive Fixed Income 9.46% 9.87%
Shariah Compliant Balanced Fund -1.06% -4.03%
Shariah Compliant Asset Allocation -0.70% -3.32%
Shariah Compliant Fund of Funds -0.73% -2.60%
Shariah Compliant Index Tracker -5.40% -6.60%
Shariah Compliant Commodities 4.16% -0.66%
* Based on weighted average return of industry
NOTE:
The information pertaining to this MFS for the month of May 2019 does not reflect the complete industry picture as it does not include data from
AKDIML, JSIL and MCBAH as the data was not received from them till the date of this publication.
Please note that the figures of investors breakup and channel wise breakup may vary due to different reporting mechanism by channels to AMC.
Return (Monthly - %) *
Net Sales (PKR Millions)
2439.161852
-2246.656408
562.0852181
11.97462737429.6822495
-833.9161417
-3000
-2000
-1000
0
1000
2000
3000
Individuals Banking andFIs
Porvidentfund
Gratuityfund
Pensionfund
Others
INVESTORS BREAKUP
8669.482433
-1080.30371
-5961.345086
-2301.567615
-49.75881733
-8000
-6000
-4000
-2000
0
2000
4000
6000
8000
10000
Direct sales Through RSP -Individuals
Through RSP -Coporates
Banks -Commercial /
Scheduled
Others
CHANNEL WISE
Monthly Fact Sheet - May 2019 Page 2 of Pages 4
MUFAPMutual Funds Association of Pakistan
PKR 24,639 million PKR 7,783 million
Total assets as at May 2019 Highest assets in the Shariah Equity sub fund category of funds as at May 2019
8.49 % Return on Debt sub fund PKR 122 million
Highest return for the month of May 2019 Total Net sales for the month of May 2019
May 2019 can be characterized by a tale of two halves for the local bourse. The benchmark KSE 100 Index fell sharply by 6.8% during the first half of the month as fears
of stringent conditions associated with the bailout package from the IMF with its implications for economic growth and corporate profitability gripped the market.
However, the market bucked the trend and a handsome gain of 4.9% was witnessed in the latter half of the month. We attribute this recovery to the announcement of
reactivation of market support fund that perked up investors' interest in the market. Shrugging off overblown concerns on the tough conditionalities associated with
the bailout package from the IMF, smart money poured into the beaten down part of market as indiscriminate panic selling sent the Price-to-Earnings to a screaming
6.3 times forward earnings. In the process, the market made a new low of recent correction of 33,167 points on May 17th 2019. Overall, during the month, the Index lost
810 points (2.2%) to finish the month at 35,975 points.
Asset Allocation
Industry Size - Assets under Management
Category wise Unit Holder Pattern
Highlights
Overview
MONTHLY FACT SHEET - PENSION FUNDSMAY 31, 2019
28%
6%
5%
43%
1%7%
1%2%
Cash Banks & DFIs
NBFCs Reverse Repos Against Govt Securities
Reverse Repos Against All other Securities TFCs
Government Backed/Guaranteed Securities Equities
PIBs TBILLs
Commercial Papers Spread Transactions
CFS/ Margin Financing Others Including Receivables
10%
14%
10%
0%
19%
32%
15%
0%
47%
General Pension FundDebt
General Pension FundEquity
General Pension FundMoney Market
General Pension FundCommodity
Islamic Pension FundsDebt
Islamic Pension FundsEquity
Islamic Pension FundsMoney Market
Islamic Pension FundsCommodity
0
2000
4000
6000
8000
10000
12000
Pension FundMay'19
Pension FundApr'19
93%
5% 2%0%
Individuals
Banking and FIs
Others
Retirement funds
Porvident fund
Gratuity fund
Pension fund
Monthly Fact Sheet - May 2019 Page 3 of Pages 4
Pension Funds May'19 Apr'19
General Pension Fund 14.38% 18.29%
Islamic Pension Fund 17.66% 11.53%
* Based on weighted average return of industry
NOTE:
The information pertaining to this MFS for the month of May 2019 does not reflect the complete industry picture as it does not include data from
AKDIML, JSIL and MCBAH as the data was not received from them till the date of this publication.
Please note that the figures of investors breakup and channel wise breakup may vary due to different reporting mechanism by channels to AMC.
Return (Monthly - %) *
Net Sales (PKR Millions)
116.2967155
0 0 0 0 00
20
40
60
80
100
120
140
Individuals Banking andFIs
Porvidentfund
Gratuityfund
Pensionfund
Others
INVESTORS BREAKUP
49.27506947 51.44227559
0.33293161
11.39566461
-0.06722481-10
0
10
20
30
40
50
60
Direct sales Through RSP -Individuals
Through RSP -Coporates
Banks -Commercial /
Scheduled
Others
CHANNEL WISE
Monthly Fact Sheet - May 2019 Page 4 of Pages 4
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