| Performance ( Since Inception) |
 |
| PSM(%) |
81.82 |
62.26 |
52.58 |
26.85 |
29.41 |
-3.01 |
-26.32 |
| KSE (%) |
92.22 |
55.16 |
41.12 |
34.08 |
37.87 |
-10.77 |
-41.72 |
|
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
|
| |
| PSM Overall Asset Allocation
(Feb, 10) |
| | Feb | Jan |
| | |
| Cash | 2.4 | 2.5 |
| Equity | 86.9 | 84.2 |
| Money market placements | 9.9 | 13.8 |
| T-bills | 4.5 | - |
| Other assets net of liabilities | -3.7 | 0.5 |
|
|
| Fee Schedule |
| |
Management fee: 2.00% per annum of average NAV |
| |
Front-end load: Up to 2% effective 12th Jan, 2009 |
| |
Overall annual expense
ratio for the composite is as follows: |
|
| |
Financial Year |
Expense Ratio |
| |
2001-02 |
5.5% |
|
| |
2002-03 |
3.5% |
|
| |
2003-04 |
4.8% |
|
| |
2004-05 |
3.84% |
|
| |
2005-06 |
4.05% |
|
| |
2006-07 |
3.27% |
|
|
|
2007-08 |
2.64% |
|
|
| |
^ annualized |
|
Expense ratio has been calculated taking into account operating expenses as a percentage of average net assets of the composite |
| |
PSM Asset |
| |
| Financial Year |
PSM Assets |
Funds under management |
| |
PKR (million) |
PKR (million) |
| 2001-02 |
322.97 |
633 |
| 2002-03 |
783.99 |
3,372.59 |
| 2003-04 |
1,051.64 |
8,211.85 |
| 2004-05 |
2,712.98 |
14,453.25 |
| 2005-06 |
3,617.73 |
19,709.01 |
| 2006-07 |
3,245.58 |
23,184.34 |
|
2007-08 |
3,350.62 |
18,426.73 |
|
2008-09 |
1,864.53 |
13,314.79 |
 |
|
|
|
| Quick Stats |
|
| |
Date of Inception |
11th March, 2002. |
| |
Fund Type |
Open-end Equity |
| |
Minimum
investment |
Rs. 5,000 |
| |
Fund Manager |
Nazia Nauman |
| |
Rating by PACRA |
|
|
|
Full Year- 2008 |
 |
|
|
36 months- 2005-2008 |
|
| |
Initial Public Offer |
PKR 50.00 |
| |
Currency |
PKR |
| |
Registrar |
Gangjees Registrar Services (Pvt.) Ltd. |
| |
Trustee |
Central Depository Company of Pakistan Ltd. (CDC) |
| |
Auditors |
A.F. Ferguson a member firm of PWC |
|
| |
|
Volatility Measures(Feb,10) |
| | PSM | | KSE-100 |
| | | |
| Price to Earning | 7.66 |
| 9.40 |
| Net Assets/Mkt. Cap. (Rs. bn) | 2.19 |
| 2,530.66 |
|
|
Fund Returns
|
|
(%) |
|
|
| | PSM | | KSE-100 |
| | | |
| | |
| Month on Month | -0.53 |
| 0.45 |
| Quarter on Quarter | 0.00 |
| 4.91 |
| FY’10 to date | 29 14 |
| 34 84 |
| Since Inception (11th Mar02 | 585.26 |
| 415.71 |
|
|
|
| Top Ten Holdings (Feb,10) |
| Fauji Fertilizer Company Ltd. | 7.8% |
| Pakistan Oilfields Ltd. | 7.3% |
| Pakistan State Oil Ltd. | 6.3% |
| Packages Ltd. | 6 5% |
| Pakistan Petroleum Ltd. | 5.3% |
| Pak Suzuki Motors Ltd | 4.1% |
| Pakistan Telecommunications Co. Ltd. | 3.6% |
| Nestle (Pakistan) Ltd. | 3.5% |
| Pakistan Tobacco Ltd. | 3 5% |
| Engro Corporation Ltd. | 10.1% |
|
|