Karachi, The NAFA Islamic Active Allocation Fund - III has declared minimal annual distributions for its capital preservation plans in the year ending June 2024. With the fund's listing in 2018, it continues to offer conservative investment opportunities.
The fund declared a distribution of 1.085% for its overall portfolio, with the Capital Preservation Plan-III and Plan-IV reporting offer prices of 11.57 Rs. and 104 Rs., respectively, but no specific distribution rates. The newly listed NBP Islamic Capital Preservation Plan-VI, under the same fund with a 2022 listing, announced an offer price of 103.35 Rs. without any distributions. This conservative strategy highlights the fund’s approach to capital preservation amidst varying market conditions.