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PACRA Maintains Stability Rating of Pakistan Income Enhancement Fund

Lahore, March 11, 2023 (PPI-OT): Pakistan Income Enhancement Fund or the “Fund” is a medium-risk profile fund. The assigned rating reflects the moderate strength of the Fund’s credit and interest rate risk profile. At end Dec’22, the Fund was largely invested in Government Securities with 75.2% of total assets while

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PACRA Maintains Stability Rating of Alhamra Islamic Income Fund

Lahore, March 11, 2023 (PPI-OT): Alhamra Islamic Income Fund or the “Fund” is a medium-risk profile fund. At end-Dec’22, the portfolio was invested 36.7% in Cash at Banks, 28.1% in Government Securities, 24.8% in Sukuk, 8.3% in Shariah Compliant Bank Deposits, whereas, remaining was invested in others including receivables. The

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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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PACRA Maintains Stability Rating of Lakson Islamic Money Market Fund

Lahore, March 06, 2023 (PPI-OT): Lakson Islamic Money Market Fund (or the ‘Fund’) is a low-risk profile fund. The assigned rating rating reflects the Fund’s low credit risk profile emanating from the fund’s investment policy to invest in strong credit quality investment avenues with sound liquidity. The Fund remain compliant

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