PACRA Maintains Stability Rating of Pak Oman Micro Finance Fund

Pak Oman Microfinance Fund (“POMFF” or “the Fund”) continues to operate in line with its medium risk profile, reflecting its mandate of generating competitive returns through exposure to the microfinance sector. The Fund’s strategy centers on investing in high-quality microfinance debt instruments, deposits with microfinance banks, and short-term money market avenues permissible under the investment guidelines. As of September 2025, the Fund reported an AUM of PKR 2 billion, reflecting stable investor participation in this specialized asset class. In terms of asset allocation, the Fund remained predominantly invested in bank placements, representing ~98% of the portfolio, while the remaining ~2% was allocated to other approved avenues. This conservative deployment approach supports the Fund’s objective of maintaining liquidity while benefiting from yield opportunities within the microfinance sector. From a credit quality standpoint, the Fund maintained exposure primarily to A-rated avenues (~97%), with ~0.81% invested in A+ rated instruments, and the balance in other low-risk options. This exposure profile is consistent with the Fund’s medium-risk positioning and underlying investment mandate. At end-Sep’25, the Fund’s Weighted Average Maturity (WAM) and duration both stood at 1 day, indicating very low sensitivity to credit and interest rate movements. The unit holding pattern remained fully concentrated, with 100% held by the top 10 investors. While investor concentration is high, the potential redemption pressure is mitigated by the Fund’s very short duration of one day, which supports its ability to meet withdrawals promptly and maintain overall stability.
Going forward, any material changes in the investment policy and/or compliance with PACRA’s rating criteria for the assigned rating would have an impact on the ratings.

About the Entity
Pak Oman Asset Management Company Limited was incorporated on July 28, 2006, as a public unlisted company. It is licensed by the Securities and Exchange Commission of Pakistan to carryout asset management and investment advisory services under the Non-Banking Finance Companies Regulations. The company is a majority owned subsidiary of Pak Oman Investment Company Limited (99.46%). The remaining shareholders include Oman International Development and Investment Company, SAOG (0.54%). The company’s Board of Directors comprises six members including the managing director of Pak Oman Investment Company Limited, Mr. Nauman Ansari. The board’s chairman H.H. Sayyid Juland Jaifar Salim Al-Said has over 15 years of experience at the Oman Investment Authority (OIA) (Previously known as State General Reserve Fund). The company’s diverse product slate includes nine open end funds belonging to all major categories. The AUMs of the Company stood at ~PKR 2,353mln at the end of Sep'25.