Periodic performance of the pension funds relating to the last five financial years released by SECP is tabulated as follows:
================================================================================================
Islamic Pension Funds
------------------------------------------------------------------------------------------------
Annual return %
================================================================================================
Equity sub-funds Date of July-2016
launch FY-2012 FY-2013 FY-2014 FY-2015 FY-2016 to Dec 2016
================================================================================================
MeezanTahaffuz Pension Fund 28-Jun-07 16.80% 54.90% 32.40% 26.60% 18.10% 24.40%
JS Islamic Pension Savings Fund 16-Jun-08 18.29% 55.71% 49.02% 32.03% 4.13% 32.93%
Al-Ameen Islamic Retirement 19-May-10 14.17% 55.55% 41.13% 45.54% 19.05% 26.94%
Atlas Pension Islamic Fund 6-Nov-07 30.05% 49.02% 24.88% 24.32% 4.99% 28.43%
Pakistan Islamic Pension Fund 15-Nov-07 24.70% 41.80% 42.10% 39.53% 14.84% 31.19%
HBL Islamic Pension Fund 16-Dec-11 19.93% 50.30% 44.41% 25.92% 5.56% 28.61%
NAFA Islamic Pension Fund 2-Jul-13 N/A N/A 36.30% 51.50% 16.90% 31.60%
ABL Islamic Pension Fund 20-Aug-14 N/A N/A N/A 30.84% 11.31% 30.18%
NIT Islamic Pension Fund 19-Jun-15 N/A N/A N/A 0.04% 6.67% 21.58%
------------------------------------------------------------------------------------------------
Debt sub-funds
------------------------------------------------------------------------------------------------
MeezanTahaffuz Pension Fund 28-Jun-07 9.50% 8.30% 7.70% 6.40% 4.50% 5.90%
JS Islamic Pension Savings Fund 16-Jun-08 10.01% 7.86% 6.76% 3.90% 3.91% 6.36%
Al-Ameen Islamic
Retirement Savings Fund 19-May-10 9.79% 8.13% 7.48% 5.49% 3.39% 5.04%
Atlas Pension Islamic Fund 6-Nov-07 6.98% 7.79% 8.04% 5.53% 4.23% 6.53%
Pakistan Islamic Pension Fund 15-Nov-07 8.40% 6.80% 8.22% 4.76% 4.04% 5.69%
HBL Islamic Pension Fund 16-Dec-11 6.95% 8.67% 7.04% 4.97% 3.23% 6.45%
NAFA Islamic Pension Fund 2-Jul-13 N/A N/A 8.20% 5.60% 3.80% 4.70%
ABL Islamic Pension Fund 20-Aug-14 N/A N/A N/A 6.56% 3.52% 6.36%
NIT Islamic Pension Fund 19-Jun-15 N/A N/A N/A 3.55% 3.06% 5.74%
------------------------------------------------------------------------------------------------
Money market sub-funds
------------------------------------------------------------------------------------------------
MeezanTahaffuz Pension Fund 28-Jun-07 10.90% 7.80% 6.90% 6.90% 4.00% 4.70%
JS Islamic Pension Savings Fund 16-Jun-08 9.66% 6.56% 6.64% 5.32% 2.41% 3.69%
Al-Ameen Islamic
Retirement Savings Fund 19-May-10 8.87% 7.79% 6.56% 5.69% 3.13% 4.51%
Atlas Pension Islamic Fund 6-Nov-07 9.61% 7.12% 7.67% 5.97% 4.21% 5.20%
Pakistan Islamic Pension Fund 15-Nov-07 8.30% 7.70% 6.86% 4.80% 2.36% 4.23%
HBL Islamic Pension Fund 16-Dec-11 7.91% 7.70% 6.08% 5.28% 2.82% 4.87%
NAFA Islamic Pension Fund 2-Jul-13 N/A N/A 7.50% 6.20% 3.90% 4.40%
ABL Islamic Pension Fund 20-Aug-14 N/A N/A N/A 6.31% 2.24% 3.94%
NIT Islamic Pension Fund 19-Jun-15 N/A N/A N/A 3.58% 2.79% 3.47%
------------------------------------------------------------------------------------------------
Commodity sub-fund
------------------------------------------------------------------------------------------------
MeezanTahaffuz Pension Fund 4-Aug-16 N/A N/A N/A N/A N/A -11.90%
Equity sub-funds
JS Pension Savings Fund 26-Jun-07 17.09% 78.21% 61.51% 22.91% 3.35% 32.96%
UBL Retirement Savings Fund 19-May-10 11.53% 66.42% 39.90% 47.71% 20.33% 24.69%
Atlas Pension Fund 28-Jun-07 16.72% 52.48% 35.30% 21.13% 4.50% 31.52%
MCBAH Pakistan Pension Fund 29-Jun-07 15.10% 55.70% 49.60% 37.95% 10.77% 34.57%
HBL Pension Fund 16-Dec-11 22.44% 45.41% 25.57% 31.58% 8.96% 26.00%
NAFA Pension Fund 2-Jul-13 N/A N/A 39.00% 49.60% 14.80% 34.40%
ABL Pension Fund 20-Aug-14 N/A N/A N/A 28.79% 10.56% 32.33%
NIT Pension Fund 19-Jun-15 N/A N/A N/A 0.19% 1.22% 19.34%
------------------------------------------------------------------------------------------------
Debt sub-funds
------------------------------------------------------------------------------------------------
JS Pension Savings Fund 26-Jun-07 11.12% 11.42% 4.36% 10.75% 5.29% 3.78%
UBL Retirement Savings Fund 19-May-10 10.84% 9.90% 7.80% 19.42% 12.29% 2.48%
Atlas Pension Fund 28-Jun-07 10.16% 8.47% 7.83% 13.03% 4.93% 4.79%
MCBAH Pakistan Pension Fund 29-Jun-07 10.90% 10.10% 7.16% 16.85% 7.35% 3.33%
HBL Pension Fund 16-Dec-11 8.05% 8.91% 7.44% 11.01% 8.04% 3.59%
NAFA Pension Fund 2-Jul-13 N/A N/A 8.20% 17.30% 5.50% 4.20%
ABL Pension Fund 20-Aug-14 N/A N/A N/A 20.92% 12.14% 3.71%
NIT Pension Fund 19-Jun-15 N/A N/A N/A 6.64% 3.90% 4.14%
------------------------------------------------------------------------------------------------
Money market sub-funds
------------------------------------------------------------------------------------------------
JS Pension Savings Fund 26-Jun-07 10.69% 11.34% 6.91% 6.69% 4.10% 4.75%
UBL Retirement Savings Fund 19-May-10 10.32% 8.52% 7.19% 7.27% 4.60% 4.49%
Atlas Pension Fund 28-Jun-07 10.35% 8.15% 7.59% 7.93% 5.74% 5.13%
MCBAH Pakistan Pension Fund 29-Jun-07 10.30% 8.20% 7.15% 7.17% 4.40% 3.97%
HBL Pension Fund 16-Dec-11 8.36% 7.92% 7.13% 6.88% 4.15% 4.42%
NAFA Pension Fund 2-Jul-13 N/A N/A 7.60% 7.80% 4.90% 4.50%
ABL Pension Fund 20-Aug-14 N/A N/A N/A 6.14% 4.15% 3.87%
NIT Pension Fund 19-Jun-15 N/A N/A N/A 6.64% 3.87% 3.68%
------------------------------------------------------------------------------------------------
Commodity sub-funds
------------------------------------------------------------------------------------------------
Atlas Pension Fund 16-Jun-13 N/A N/A 5.98% -4.60% 12.92% -9.46%
UBL Retirement Savings Fund 1-Apr-14 N/A N/A 3.33% -2.83% 13.77% -10.56%
NIT Pension Fund 19-Jun-15 N/A N/A N/A 0.20% 10.05% -8.22%
================================================================================================
Copyright Business Recorder, 2017
No content from Business Recorder shall be reproduced, published, broadcast, rewritten for broadcast or publication, or redistributed directly or indirectly in any medium.
Business Recorder shall not be responsible or held liable for any error of fact, opinion or recommendation and also for any loss, financial or otherwise, resulting from business or trade or speculation conducted, or investments made, on the basis of the information posted here. Nor shall Business Recorder be held liable for any actions taken in consequence." >Copyright Business Recorder, 2017
No content from Business Recorder shall be reproduced, published, broadcast, rewritten for broadcast or publication, or redistributed directly or indirectly in any medium.
Business Recorder shall not be responsible or held liable for any error of fact, opinion or recommendation and also for any loss, financial or otherwise, resulting from business or trade or speculation conducted, or investments made, on the basis of the information posted here. Nor shall Business Recorder be held liable for any actions taken in consequence." >Copyright Business Recorder, 2017