PACRA Maintains Stability Rating of AKD Aggressive Income Fund

AKD Aggressive Income Fund ('AKD AIF' or 'the Fund') reflects the Fund's medium‐risk profile. The investment objective of the Fund is to offer investors a convenient vehicle to invest in a diversified portfolio of fixed income securities/instruments that provide consistent returns with concern for preservation of capital over the longer term. At the end-June'25, in terms of asset allocation, the exposure in T-Bills was ~53.52%, ~9.48% in Spread Transactions, Cash was 8.09%, ~7.95% in PIBs, ~ 6.50% in Commercial Papers / Short Term Sukuk (STS), ~2.81% in TFCs / Sukuk, ~0.04% in GoP Ijarah Sukuk and the remaining ~11.61% were other assets including receivables. By the end-June'25, in perspective of credit quality, the Fund had invested, ~62% in Govt. Securities, ~21% in unrated avenues, ~6% in both AA and A- rated avenues, ~2% in AA+ and AA-, and the remaining ~1% in A+ rated avenues. The Weighted Average Maturity (WAM) of the Fund stood at 131 days at the end-June'25.
Going forward, any material changes in the investment policy and compliance with the rating criteria for the assigned rating would have an impact on the ratings.

About the Entity
AKD Investment Management Limited commenced its operations in September 2004. The Company is registered as an Asset Management Company under the Non-Banking Finance Companies Rules, 2003. The Company is sponsored by AKD Group Holdings (Private) Limited [Formerly: Aqeel Karim Dhedhi Securities(Private) Limited] (99.97% ownership). The Board of Directors of the Company comprises seven members, including the CEO Mr. Imran Motiwala, who has been serving as the Chief Executive Officer of AKD Investment Management Limited since 2009. The Company is currently managing eight open-end funds with assets under management of ~PKR 9,676mln at the end of Jun'25.