Karachi: The Board of Directors of MCB Investment Management Limited, the management company of MCB Pakistan Asset Allocation Fund, has approved the financial results for the year ending June 30, 2025. The announcement was made following a board meeting held at the company's head office in Karachi on Monday, August 4, 2025.
The fund reported total assets amounting to 795.16 million, marking a Big move from the previous year's total of 718.57 million. Investments constituted the largest portion of these assets, increasing to 653.60 million from the prior year's 611.87 million. Cash balances with banks also experienced a Big move, rising to 124.68 million compared to 88.81 million in the previous fiscal year.
Liabilities saw a Big move downward, with total liabilities decreasing to 39.29 million from 46.64 million in the previous year. Notable liabilities include amounts payable to the management company, which remained relatively stable at 2.55 million, and to the Central Depository Company of Pakistan Limited, which saw a Big move downward to 28,000 from 124,000.
According to information available from the Pakistan Stock Exchange (PSX), the net assets of the fund saw a Big move to 755.86 million from the prior year's 671.93 million. This increase reflects a rise in the net asset value per unit, which reached 187.4224, up from 119.7708 in the previous year. However, the number of units issued saw a Very large or significant move downward, decreasing to 4,032,942 from 5,610,114.
Earnings per unit were not disclosed, as the management cited the impracticality of calculating the weighted average number of units. The management company has committed to distributing the requisite number of printed accounts to the members of the exchange.
The financial results reflect the fund's performance and strategic asset management over the fiscal year, highlighting significant changes in investment balances and liabilities. The fund's designation within the market category corresponds with its strategic asset allocations and financial results.