NAFA Islamic Active Allocation Fund Series Reports Diverse Plans

Karachi, The NAFA Islamic Active Allocation Fund - I, operational since 2016 on the Pakistan Stock Exchange, has introduced several active allocation plans, with the first five plans not announcing any distributions for June. However, plans I through III reported distributions of 4.92%, 9.35%, and 2.94% respectively, showcasing a range of investment outcomes for investors seeking Shariah-compliant options. The subsequent NAFA Islamic Active Allocation Fund - II, listed in 2017, similarly did not announce distributions for its active allocation and capital preservation plans, with the exception of a 1.618% distribution for the fund itself. The NAFA Islamic Active Allocation Fund - III, introduced in 2018, reported a 1.085% distribution for the fund, continuing the trend of providing varied investment strategies within Islamic finance principles.