Lahore, August 16, 2023 (PPI-OT): During 3-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 twelve funds. The category average showed a return of ~17.6%. While top performing fund in 3-Year of the category showed a return of ~40%. Faysal Islamic Asset Allocation Fund ranked 5 Star.

Total return of Faysal Islamic Asset Allocation Fund in 3-year is ~37.11% which is in line with the stock market return of 28.64%. The Fund generates income by investing ~57.59% in Sukuks, ~25.57% in Ijara Sukuk and ~14.11% in Cash at the end Jun'23. The Fund always managed to handle the redemption pressure by retaining enough liquidity in the form of cash. The Fund invested ~28.89% in AA+, ~25.60% in Govt Sec./AAA, ~21.38% in A+, ~7.42% in A-, ~6.79% in A, ~3.02% in AA, ~2.91% in AA-, ~1.25% in BBB+ rated entities and remaining was invested 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