MUFAPmufap.com.pk/pdf/mfs/2016/MFS-122016.pdfNet Sales (PKR Millions) 265.2894405 0 0 0 0 0.053666 0...
Transcript of MUFAPmufap.com.pk/pdf/mfs/2016/MFS-122016.pdfNet Sales (PKR Millions) 265.2894405 0 0 0 0 0.053666 0...
MUFAPMutual Funds Association of Pakistan
PKR 587,048 million PKR 158,882 million
Total assets as at December 2016 Highest assets in the Equity category as at December 2016
23.89 % Return on Equity Category PKR (6,041) million
Highest return for the month of December 2016 Total Net sales for the month of December 2016
KSE-100 index increased by 12.16% (5,184.6 points) to close at 47,806.97 points in December 2016. We attribute this exceptional performance of the stock market
to multiple factors including (i) optimistic macroeconomic outlook on the back of kick-start of CPEC related investment in the energy & infrastructure projects;
(ii) reclassification of PSX into MSCI Emerging Market index raising expectations of large portfolio inflows ; (iii) sharp recovery in global oil prices that still hover
at around 50% discount to their peak level; (iv) growing expectation of global policy shift from monetary accommodation to fiscal stimulus to reinvigorate
economic growth; and (v) abundant local liquidity amid ultra-low yields on the fixed income avenues and inflows to equities on the back of new taxation measure
for real estate & property market.
Industry Size - Assets under Management
Category wise Unit Holder Pattern
Asset Allocation
Highlights
( PKR 552,674 million in November 2016) ( PKR 137,404 million in November 2016)
( 16.62 % in November 2016) (PKR 26,512 million in November 2016)
Overview
MONTHLY FACT SHEET - OPEN END FUNDSDECEMBER 31, 2016
15.6 %
0.4 times 1.2 times
34%
13%
36%
10%
2%
5%
17%
Individuals
Banking and FIs
Others
Retirement funds
Porvident fund
Gratuity fund
Pension fund
24%
6%1%
4%
2%
52%2% 4%
1%
4%
9%
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%
11%
15%7%
8%
17%
27%
0%
1%1%
4%
2%
0%1%1%1%
0%
9%
Capital Protected Money MarketIncome Shariah Compliant IncomeShariah Compliant Fund of Funds 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
350000
Open End Dec'16
Open End Nov'16
Open End
Monthly Fact Sheet - December 2016 Page 1 of Pages 5
Category December'16 November'16
Money Market 4.94% 5.13%
Income 3.88% 5.04%
Shariah Compliant Income 2.59% 9.18%
Shariah Compliant Fund of Funds 6.64% 4.40%
Shariah Compliant Equity 11.99% 7.41%
Equity 23.89% 16.62%
Aggressive Fixed Income 3.43% 5.94%
Index Tracker 11.88% 6.59%
Shariah Compliant Index Tracker 14.30% 7.00%
Shariah Compliant Balanced Fund 7.04% 4.03%
Shariah Compliant Money Market 4.65% 4.70%
Shariah Compliant Asset Allocation 7.15% 4.45%
Asset Allocation 5.45% 3.29%
Commodities -1.43% -6.06%
Balanced 7.43% 4.65%
Fund of Funds 4.28% 3.05%
Shariah Compliant Aggressive Fixed Income 4.55% 5.19%
Shariah Compliant Capital Protected Fund 7.55% 5.09%
Capital Protected 0.99% 1.10%
* Based on weighted average return of industry
NOTE:
The information pertaining to net sales for the month of December 2016 does not reflect the complete industry picture as it does not include data from
MCB Asset Management Limited and Pak Oman Asset Management Company Limited 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)
5122.250921
-6397.725761
-828.946291
325.591804389.40037805
-4351.644082
-8000
-6000
-4000
-2000
0
2000
4000
6000
Individuals Banking and FIs
Porvident fund
Gratuity fund
Pension fund
Others
INVESTORS BREAKUP
2248.152679
-1571.519631
-2487.060073
281.1641897
-3653.224207-4000
-3000
-2000
-1000
0
1000
2000
3000
Direct sales Through RSP -Individuals
Through RSP - Coporates
Banks -Commercial /
Scheduled
Others
CHANNEL WISE
Monthly Fact Sheet - December 2016 Page 2 of Pages 5
MUFAPMutual Funds Association of Pakistan
PKR 22,395 million PKR 8,961 million
Total assets as at December 2016 Highest assets in the Islamic equity sub fund category of funds as at December 2016
11.43 % Return on Shariah Compliant Equity sub fund PKR 267 million
Highest return for the month of December 2016 Total Net sales for the month of December 2016
KSE-100 index increased by 12.16% (5,184.6 points) to close at 47,806.97 points in December 2016. We attribute this exceptional performance of the stock market
to multiple factors including (i) optimistic macroeconomic outlook on the back of kick-start of CPEC related investment in the energy & infrastructure projects;
(ii) reclassification of PSX into MSCI Emerging Market index raising expectations of large portfolio inflows ; (iii) sharp recovery in global oil prices that still hover
at around 50% discount to their peak level; (iv) growing expectation of global policy shift from monetary accommodation to fiscal stimulus to reinvigorate
economic growth; and (v) abundant local liquidity amid ultra-low yields on the fixed income avenues and inflows to equities on the back of new taxation measure
for real estate & property market.
Asset Allocation
Industry Size - Assets under Management
Category wise Unit Holder Pattern
Highlights
( PKR 20,066 million in November 2016) ( PKR 7,911 million in November 2016)
(7.75 % in November 2016) ( PKR 198 million in November 2016)
Overview
11.6%
MONTHLY FACT SHEET - PENSION FUNDSDECEMBER 31, 2016
13.2 %
0.47 times
0.34 times
89%
9% 2%
Individuals
Banking and FIs
Others
Retirement funds
Porvident fund
Gratuity fund
Pension fund
12%
1%
8%
55%
5% 7%
1% 4%
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
11%
17%
8%
1%
17%
40%
6%0%
47%
General Pension Fund Debt
General Pension Fund Equity
General Pension Fund Money Market
General Pension Fund Commodity
Islamic Pension Funds Debt
Islamic Pension Funds Equity
Islamic Pension Funds Money Market
Islamic Pension Funds Commodity
PENSION FUNDS
0
2000
4000
6000
8000
10000
12000
14000
Pension Fund Dec'16
Pension Fund Nov'16
Monthly Fact Sheet - December 2016 Page 3 of Pages 5
Pension Funds December'16 November'16
General Pension Fund 13.61% 9.18%
Islamic Pension Fund 12.48% 19.54%
* Based on weighted average return of industry
NOTE:
The information pertaining to net sales for the month of December 2016 does not reflect the complete industry picture as it does not include data from
MCB Asset Management Limited and Pak Oman Asset Management Company Limited 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)
265.2894405
0 0 0 0 0.0536660
50
100
150
200
250
300
Individuals Banking and FIs
Porvident fund
Gratuity fund
Pension fund
Others
INVESTORS BREAKUP
166.0984798
10.002155481.08377261
85.76038636
0.3285122360
20
40
60
80
100
120
140
160
180
Direct sales Through RSP -Individuals
Through RSP -Coporates
Banks -Commercial /
Scheduled
Others
CHANNEL WISE
Monthly Fact Sheet - December 2016 Page 4 of Pages 5
MUFAPMutual Funds Association of Pakistan
PKR 23,080 million
Total assets as at December 2016
KSE-100 index increased by 12.16% (5,184.6 points) to close at 47,806.97 points in December 2016. We attribute this exceptional performance of the stock market
to multiple factors including (i) optimistic macroeconomic outlook on the back of kick-start of CPEC related investment in the energy & infrastructure projects;
(ii) reclassification of PSX into MSCI Emerging Market index raising expectations of large portfolio inflows ; (iii) sharp recovery in global oil prices that still hover
at around 50% discount to their peak level; (iv) growing expectation of global policy shift from monetary accommodation to fiscal stimulus to reinvigorate
economic growth; and (v) abundant local liquidity amid ultra-low yields on the fixed income avenues and inflows to equities on the back of new taxation measure
for real estate & property market.
Asset Allocation
Category December'16 November'16
Equity 0.51% 4.73%
* Based on weighted average return of industry
NOTE:
The information pertaining to net sales for the month of December 2016 does not reflect the complete industry picture as it does not include data from
MCB Asset Management Limited and Pak Oman Asset Management Company Limited 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 - %) *
Highlights
Highest assets in the equity category of funds as at December 2016
( PKR 20,952 million in November 2016)
Overview
Industry Size - Assets under Management
10%
MONTHLY FACT SHEET - CLOSED END FUNDSDECEMBER 31, 2016
2%
97%
0%
1%1%
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
5000
10000
15000
20000
25000
Close End Dec'16
Close End Nov'16
Monthly Fact Sheet - December 2016 Page 5 of Pages 5