PACRA MAINTAINS MUTUAL FUND RATING OF

BSJS BALANCED FUND (BBF)

 

Lahore: May 24, 2004

The Pakistan Credit Rating Agency (PACRA) has maintained the mutual fund rating of ‘AA(f)' (double A) for BSJS Balanced Fund (BBF). The rating reflects the Fund's ability to sustain revenues and provide consistently high returns to certificate holders through optimizing opportunities in the capital market.

While maintaining the rating, PACRA has taken into consideration the effective fund and risk management policies and dynamic strategy aimed at capitalizing on emerging trading opportunities. However, the increased investment in equity securities exposes the Fund to relatively higher market volatility risk.