AKD-FUNDS has transmitted its annual financial statements for the AKD Cash Fund for the year ended June 30, 2026. The report highlights the fund's performance, asset allocation, and macroeconomic context.
- The AKD Cash Fund achieved a return of 10.50% for FY26, slightly below the benchmark return of 10.73%.
- Total net assets increased to PKR 2,854.38M, up 56.78% from PKR 1,820.68M in FY25.
- NAV per unit rose to PKR 52.12, compared to PKR 51.99 the previous year.
- Cash and cash equivalents constituted 89.87% of total assets as of June 30, 2026, up from 66.51% a year earlier.
- The fund's investment strategy focuses on high-quality short-term securities, maintaining a weighted average maturity of under 90 days.
- The report notes a stable macroeconomic environment, though challenges remain due to external shocks and inflationary pressures.
- There were no significant changes in the state of affairs during the period under review.