NAFA Islamic Active Allocation Fund – II and Sub-Plans Show Diverse Results

Karachi, Since its 2017 listing, the NAFA Islamic Active Allocation Fund - II and its sub-plans have displayed mixed financial outcomes. The main fund did not report offer and redemption prices but declared a 1.618% distribution. The sub-plans reported redemption prices but did not disclose any distribution, except for the NAFA Islamic Capital Preservation Plan-I and Plan-II, which showed offer prices of Rs. 11.5 and Rs. 10.34, and redemption prices of Rs. 11.13 and Rs. 10, respectively.