Al-Ameen Shariah Stock Fund (ASSF)*
*formerly United Shariah Stock Fund (USSF)
This scheme offers you an opportunity to maximize the growth potential of your savings over the long-term by investing your money in the stock market with the help of our investment professionals.
About the scheme
The world over, investing in the stock market is considered to be a time-tested method of creating wealth over the long-term. In Pakistan as well, the Karachi Stock Exchange (KSE) has given a return of 1611% since Jun 1997 to Jan 2014 – much higher than the return given by any other investment avenue.
While investing in the stock market can be a rewarding investment avenue, it requires knowledge and understanding of the market and the time to manage your own portfolio.
Al-Ameen Shariah Stock Fund (ASSF) [formerly UBL Shariah Stock Fund (USSF)] is a Shariah-compliant mutual fund scheme that offers you an easy way of investing your money in the stock market (Islamic stocks) by offering you the expertise of its investment professionals who have a thorough understanding of the markets, have access to research teams, and have the required experience and expertise to manage your investments on your behalf on a day-to-day basis.
For your long-term goals
While investing in the stock market tends to offer a very attractive growth potential for your savings, stock market returns are subject to volatility (increase and decrease in value) in the short-term. For this reason, you should consider investing in the stock market for your long-term investment goals (preferably 5 or more years). So if you have time on your hands, and won’t be requiring your money in the short-term, investing in ASSF can be an option you may want to consider to achieve your long-term goals.
While you can invest a lump sum amount in ASSF, one of the recommended ways of investing in the stock market is to do so through ‘Systematic Investment Planning’ or SIP. Systematic Investment Planning allows you to invest small amounts of money on a regular basis as opposed to a one time lump sum investment. The benefits of investing regularly allows you to invest at different time intervals. Since it is the very nature of stock markets to move up and down, no one can predict precisely where the market will head next. By investing at regular intervals through SIP, you can adopt a disciplined investment strategy and effectively reduce timing risks. This means you are less likely to end up ‘buying high’ and ‘selling low’.
To learn more about SIP, click here.
Managed as per Shariah Law
Al-Ameen Shariah Stock Fund (ASSF) [formerly UBL Shariah Stock Fund (USSF)] is managed by UBL Fund Managers. All investments in the scheme are made strictly in Shariah-compliant instruments under the supervision of a Shariah Advisory Board which comprises of renowned Islamic scholars Mufti Muhammad Hassan Kaleem and Mufti Najeeb Khan.
More about ASSF
Disclaimer: All investments in mutual funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of the future results and investors are not offered any guaranteed/fixed returns. Please read the Offering Document of relevant fund to understand the investment policies and the risks involved.