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PACRA

  • PACRA Maintains Stability Rating of UBL Cash Fund

    Lahore, September 29, 2022 (PPI-OT):UBL Cash Fund (or the Fund) is a very low risk profile Fund. The assigned rating reflects the strength of the Fund’s credit and interest rate risk profile. The Fund had allocated ~99% in single bank rated AAA, giving rise to concentration risk. The duration and the WAM of the Fund…

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  • PACRA Maintains Stability Rating of JS Income Fund

    Lahore, September 29, 2022 (PPI-OT):JS Income Fund (or the “Fund”) is a medium risk profile fund. The assigned rating indicates strong capacity of the Fund. The Fund had allocated ~36.7% in TFC/Sukuks rated AA+ and above, ~10.9% in CPs. While ~49.5% were invested in banks mainly rated AAA. The duration of the Fund was 37…

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  • PACRA Maintains Stability Rating of JS Islamic Daily Dividend Fund

    Lahore, September 29, 2022 (PPI-OT):JS Islamic Daily Dividend Fund (or the “Fund”) is a low risk-profile fund. The assigned rating reflects the low strength of the Fund’s credit and interest rate risk profile. The Fund had allocated ~55.4% in banks rated AA and above. Whereas, ~42.1% in TFC/Sukuks rated AA and above. Considerable holding in…

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  • PACRA Maintains Entity Ratings of Ravi Automobile (Private) Limited

    Lahore, September 29, 2022 (PPI-OT):Ravi Automobile (Private) Limited (‘Ravi’ or ‘the Company’) operates in two segments of the automotive industry: i) manufacturing of components and auto parts for automotive companies, OEM suppliers, motorcycles and agricultural machinery ii) assembling and distribution of motorcycles under its own brand. The ratings reflect Ravi’s diversified product line, long-lived presence…

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  • PACRA Maintains Stability Rating of JS Islamic Income Fund

    Lahore, September 29, 2022 (PPI-OT):JS Islamic Income Fund (or the “Fund”) is a medium risk profile fund. The Fund had allocated 24.8% in banks, mainly rated AA and above, ~43.3% in TFC/Sukuks rated AA+ and above, ~24.9% in GoP/Ijarah whereas, ~3.8% were invested in CPs. The duration of the Fund stood at 62 days in…

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  • PACRA Maintains Stability Rating of JS Cash Fund

    Lahore, September 29, 2022 (PPI-OT):JS Cash Fund (or the ‘Fund’) is a low-risk profile Fund. The assigned rating reflects strong strength of the Fund’s credit and interest rate risk profile. The Fund had allocated ~99% in bank placements, mainly AAA rated includes three banks i.e. Bank Alfalah, ABL and HBL in the end Jun’22. The…

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  • PACRA Assigns Initial Ratings of JS Government Securities Fund

    Lahore, September 29, 2022 (PPI-OT):JS investments limited has launched JS Government Securities for making its portfolio more diverse and meaningful for its investors. The objective of JS Government Securities Fund (or the “Fund”) aims to preserve investor’s capital while providing a regular stream of current income on an annual basis which is higher than that…

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