Lahore, August 16, 2023 (PPI-OT): During 5-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF program, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked funds comprise of two funds among the universe of thirteen funds. The category average showed a return of ~13.4%. While top performing fund in 5-Year of the category showed a return of ~42%. Faysal Asset Allocation Fund ranked 3 Star. Total return of Faysal Asset Allocation Fund in 5-year is ~22.71%. The year 2020 was a year of severe distress which impacted the stock market significantly with negative returns of -1.09%.

Resultantly, the year also impacted the Fund's return which is also evident from 3-Years cumulative returns. In the end Jun'23, Fund's generate income by investing ~71.19% in Equities whereas ~5.22% in cash. The Fund always managed to handle the redemption pressure by retaining enough liquidity in the form of cash. Sector wise Fund invested ~12.08% in Oil and Gas Exploration Companies, ~11.82% in Cement, ~8.91% in Fertilizers. Whereas ~6.3% in Technology and Communication, ~17.98% in Commercial Banks and ~14.11% in others at the end Jun'23.

For more information, contact:

Analyst,

The Pakistan Credit Rating Agency Limited (PACRA)

Awami Complex, FB1, Usman Block New Garden Town,

Lahore, Pakistan

Tel: +92-42-5869504-6

Fax: +92-42-5830425

Email: [email protected]

Website: www.pacra.com