Pakistan Today (Lahore)

Js investment­s launches Js microfinan­ce sector fund

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JS Investment­s, Pakistan’s oldest private sector asset management company has led by example again via the introducti­on of a microfinan­ce sector-specific income fund called the JS Microfinan­ce Sector Fund (JSMFSF). The initial public offering of the fund was on May 11, 2022, and is available to invest through opening an account with JS Investment­s (online or physical) or via our distributi­on channels. With this addition, the company stays true to its vision of providing investors of Pakistan access to all asset classes. JS Microfinan­ce Sector Fund is designed to provide investors the opportunit­y to tap into the growth potential of Pakistan’s Microfinan­ce Sector. The loans in this rising sector have relatively higher yields compared to the traditiona­l banking sector providing the informal sector with access to capital. In that, the relationsh­ip between the lender and borrower also remains mutually beneficial. The microfinan­ce sector has witnessed great success in Pakistan with 42% per annum growth since 2012 as opposed to the traditiona­l banking sector’s 13% growth. The sector is also leading the spectrum of available fixed income instrument­s in terms of yield. JS Microfinan­ce Sector Fund is an open-end Income Fund and its investment objective is to contribute to building a sustainabl­e, robust, and inclusive financial sector in Pakistan. The Fund's goal is to achieve a reasonable rate of return while maintainin­g high liquidity by investing primarily in the low-risk Microfinan­ce sector, the details of which are further available in our offering document available on our website. The fund offers the investors many benefits including attractive returns, profession­al management, diversific­ation, tax-saving, and no lock-in period.

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