Schedule of Charges effective January 22nd, 2020

UBL Funds – Schedule of Charges and Fund Expenses

Effective from January  22, 2020

Fund NameManagement fee as a % of net asset (unless mentioned otherwise)Operational Expenses as a % of net assetSelling & Marketing Expense as a % of net asset
CONVENTIONAL FUNDS
UBL Stock Advantage Fund2.00%0.10%1.01%
UBL Special Savings Plan-I
UBL Special Savings Fund
1.00%0.00%0.40%
UBL Special Savings Plan-II
UBL Special Savings Fund
1.00%0.00%0.00%
UBL Special Savings Plan-III
UBL Special Savings Fund
1.00%0.00%0.00%
UBL Special Savings Plan-IV
UBL Special Savings Fund
1.00%0.00%0.00%
UBL Special Savings Plan-V
UBL Special Savings Fund
0.10%0.10%0.00%
UBL Special Savings Plan-VI
UBL Special Savings Fund
1.00%0.00%0.00%
UBL Money Market Fund5.00%*0.10%0.30%
UBL Liquidity Plus Fund5.00%*0.10%0.00%
UBL Income Opportunity Fund10.00%*0.10%0.10%
UBL Growth & Income Fund8.00%*0.10%0.40%
UBL Government Securities Fund10.00%*0.10%0.00%
UBL Financial Sector Fund2.00%0.10%0.93%
UBL Dedicated Equity Fund2.00%0.10%0.40%
UBL Cash Fund0.00%0.00%0.00%
UBL Capital Protected Fund0.75%0.10%0.00%
UBL Asset Allocation Fund1.00%0.10%1.04%
UBL Active Principal Preservation plan – III
UBL Financial Planning Fund (UFPF)
0.00%0.10%N/a
UBL Active Principal Preservation plan – II
UBL Financial Planning Fund (UFPF)
1.00%**0.10%N/a
UBL Active Principal Preservation plan – I
UBL Financial Planning Fund (UFPF)
0.00%0.10%N/a
UBL Retirement Saving Funds (URSF)1.50%N/aN/a
ISLAMIC FUNDS
Al-Ameen Shahriah Stock Fund2.00%0.10%1.03%
Al-Ameen Islamic Sovereign Fund1.00%0.10%0.20%
Al-Ameen Islamic Cash Fund5.00%*0.10%0.00%
Al-Ameen Islamic Asset Allocation Fund2.00%0.10%0.62%
Al-Ameen Islamic Aggressive Income Fund1.50%0.10%0.00%
Al Ameen-Islamic Dedicated  Equity Fund2.00%0.10%0.40%
Al Ameen Islamic Active Principal Preservation Plan I
Al-Ameen Islamic Financial Planning Fund-II (AIFPF-II)
0.00%0.10%N/a
Al Ameen Islamic Active Principal Preservation Plan II
Al-Ameen Islamic Financial Planning Fund-III (AIFPF-III)
0.00%0.10%N/a
Al Ameen Islamic Active Principal Preservation Plan III
Al-Ameen Islamic Financial Planning Fund-III (AIFPF-III)
0.00%0.10%N/a
Al Ameen Islamic Active Principal Preservation Plan IV
Al-Ameen Islamic Financial Planning Fund-III (AIFPF-III)
0.00%0.10%N/a
Al Ameen Islamic Active Allocation Plan VII
Al-Ameen Islamic Financial Planning Fund-II (AIFPF-II)
0.00%0.10%N/a
Al Ameen Islamic Active Allocation Plan VIII
Al-Ameen Islamic Financial Planning Fund-II (AIFPF-II)
0.00%0.10%N/a
Al Ameen Islamic Active Allocation Plan IX
Al-Ameen Islamic Financial Planning Fund-II (AIFPF-II)
0.00%0.10%N/a
Al Ameen Islamic Active Allocation Plan XI
Al-Ameen Islamic Financial Planning Fund-II (AIFPF-III)
0.00%0.10%N/a
Al Ameen Islamic Active Allocation Plan X
Al-Ameen Islamic Financial Planning Fund-II (AIFPF-II)
0.00%0.10%N/a
AL-Ameen Islamic Retirement Saving Funds (AIRSF)1.50%N/aN/a
* On the basis of daily Gross earnings of the fund with floor and cap as per offering document of the respective fund.
** On value of underlying funds not managed by UBL Fund Managers Limited.

 

Miscellaneous Taxes/ Charges
Structuring Fee/Front End loadUp to 3%Charges applicable at the time of purchase of units via physical &/or online means.
Back End LoadUp to 5%Charges applicable at the time of encashment of units.
Capital Gains Tax (CGT)0% to 25% (For Filer)
Note: For Non-Filer, the tax rate would increased by 100%
CategoryStock FundMoney market Fund, Income Fund or any other fund
If Capital Gains greater than DividendsIf Capital Gains less than Dividends
Individual & AOP12.5%10%10%
Company12.5%10%25%
Where the holding period is greater than 4 years, no tax will be with held.
Sindh Sales Tax (SST)13%Effective from July 2016, 13% will be charged on front end load deductions.
The calculation becomes 3*13%  =  0.39 + 3 = 3.39
(SST may revise on yearly basis)
Withholding Tax (WHT)15% (for filer)

Applicable on Cash Dividends

Note: For Non-Filer, the tax rate would increased by 100%

TypeAll Funds
FilerNon-Filer
Individual15%30%
Company15%30%
AOP15%30%
Federal Excise Duty (FED)NilEffective from July 2016, FED will not be applicable.
Zakat2.5%Incase of Zakat applicability.
Taxation on Bonus UnitsNilEffective from July 2018, Tax on bonus units will not be applicable.
Redemption through Physical FormNil
Conversion through Physical FormRs. 100Processing Charges on conversion transaction via Physical Form.
No charges applicable on transactions received via UBL Funds Tele-Transact, Mobile (SMS) Transact, Online Portal &/or SMART Savings App.
Issuance of Physical CertificateRs. 25
Bank Levy
Redemption through online (Other than UBL Bank)NilFor UBL Fund Managers’ Customers
Note: Charges may change as per prevailing laws and/or constitutive documents.
In case of Bank/Stock holiday transaction will be processed on next business day price.
Get in touch

Get In Touch

Note: Fields marked with * are mandatory

Not registered to UBL Funds Online?
sms ONLINE to 8258

Forgot your username or password?
call 0800-00026