NAFA Islamic Active Allocation Fund – II Reports Annual Distributions for 2024

Karachi, The NAFA Islamic Active Allocation Fund - II, also listed on the Pakistan Stock Exchange, declared its annual distributions for its plans VI, VII, and VIII, with no distributions announced for these specific plans in 2024. The fund provided a marginal return of 1.618% for its overall portfolio for the year ending June 2024. All plans were initially offered in 2017, with their last book closure on June 29, 2022.

The plans VI, VII, and VIII, alongside the NAFA Islamic Capital Preservation Plans I and II, offered rates of 96.26 Rs., 97.27 Rs., and 114.14 Rs., respectively, with no specified distributions. The capital preservation plans noted an offer price of 11.5 Rs. for Plan-I and 10.34 Rs. for Plan-II, reflecting stable investment options under the fund’s portfolio.