The document is a transmission of the annual financial statements for AKD Cash Fund for the year ended June 30, 2026. The report outlines the fund's performance, investment strategy, and macroeconomic conditions affecting its operations.
- The fund achieved a return of 10.50% for FY26, slightly below the benchmark return of 10.73%.
- Total net assets increased by 56.78% to PKR 2,854.38M from PKR 1,820.68M in FY25.
- NAV per unit rose to PKR 52.12 from PKR 51.99 in the previous year.
- Cash and cash equivalents constituted 89.87% of total assets as of June 30, 2026, up from 66.51% in FY25.
- The fund's investment strategy focuses on high-quality short-term securities, maintaining a weighted average maturity below 90 days.
- The report highlights a stable macroeconomic environment despite challenges, with GDP growth rebounding to 3.70% from 3.18% in FY25.
- No significant changes in the state of affairs were reported during the period.