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PACRA Maintains Stability Rating of NIT Money Market Fund

Lahore, March 11, 2023 (PPI-OT): NIT Money Market Fund (or the “Fund”) is low risk profile fund. The assigned rating reflects the Fund’s low credit risk profile emanating from Fund’s Investment policy to invest in avenues with sound liquidity. The Fund had invested ~69.7% in T-Bills, ~20.1% in cash majority

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PACRA Maintains Stability Rating of Alhamra Daily Dividend Fund

Lahore, March 11, 2023 (PPI-OT): Alhamra Daily Dividend Fund (or the “Fund) is a medium risk-profile fund. The assigned rating reflects the adequate strength of the Fund’s credit and interest rate risk profile. Furthermore, considerable holding of cash and bank balances reinforce the liquidity profile. At the end-Dec’22, 65% of

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PACRA Maintains Stability Rating of MCB DCF Income Fund

Lahore, March 11, 2023 (PPI-OT): MCB DCF Income Fund (the “Fund”) is a medium-risk profile fund. At end Dec’22, largely the portfolio was invested in Government Sukuk/Securities of 77.6%, 18.4% in TFCs/Sukuks, 2.4% in Cash at Banks, while remaining was invested in others. The Fund had weighted average maturity of

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PACRA Maintains Stability Rating of Lakson Money Market Fund

Lahore, March 11, 2023 (PPI-OT): Lakson Money Market Fund (or the “Fund”) is low risk profile fund. The assigned rating reflects the Fund’s low credit risk profile emanating from Fund’s Investment policy to invest in avenues with sound liquidity. The Fund had allocated ~51.3% in T-Bills, ~25.7% in placement with

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PACRA Maintains Stability Rating of MCB Pakistan Sovereign Fund

Lahore, March 11, 2023 (PPI-OT): MCB Pakistan Sovereign Fund (or the ‘Fund’) is a medium risk-profile fund. The assigned rating reflects the strong strength of the Fund’s credit risk profile and moderate strength of the interest rate risk profile. At end-Dec’22, largely the portfolio was invested in Government Securities with

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PACRA Maintains Stability Rating of NIT Government Bond Fund

Lahore, March 11, 2023 (PPI-OT): NIT Government Bond Fund (or the ‘Fund’) is a medium risk profile Fund. The assigned rating reflects the Fund’s moderate credit risk profile emanating from Fund’s Investment policy to invest in avenues with sound liquidity. The Fund had invested ~35% in PIBs, ~34.4% in T-Bills

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