Karachi, Pakistan Capital Market Fund informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.
Pakistan Capital Market Fund (A Balanced Fund) (referred to as PCM) is an open end balanced fund that invests in a range of asset classes such as equity and debt in Pakistani market.
The asset allocation to equities and debt is made on the basis of relative attractiveness of each asset class. The investment process is driven by fundamental research. For equities investment, fundamental outlook of sectors/companies and DCF (discounted cash flow) valuations are the primary factors in sectors’ allocation and stock selection. For debt investment, interest rate outlook is the key determining factor and allocation to this segment is increased when the yields are comparatively higher compare to the total returns on equities. Investment is made in corporate bonds (investment grade) and government bonds.
The symbol “OEFPCMF” is being used by the stock exchange for the Pakistan Capital Market Fund.