اردو

Schedule of Charges effective 1st July, 2024

S:No	Fund Name	Abbreviations	Front end (Sales) Load (at entry stage)	Back end/Contingent Load (at exit stage)	Management fee as a % of net asset (unless mentioned otherwise)	Total Expense Ratio Limits
CONVENTIONAL CIS / PENSIONS FUND
1	UBL Stock Advantage Fund	USF	Upto 2.5%***	Nil	Upto 3%	4.50%
2	UBL Money Market Fund	UMMF	Upto 1%	Nil	Up to 2% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.00%
3	UBL Liquidity Plus Fund	ULPF	Nil	Nil	Up to 2% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.00%
4	UBL Cash Fund	UCF	Nil	Nil	Up to 2% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.00%
5	UBL Income Opportunity Fund	UIOF	Upto 1.5%	Nil	Up to 2.5% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.5% (0.5% additional for MTS & RFS transactions)
6	UBL Growth & Income Fund	UGIF	Upto 1.5%	Nil	Up to 2.5% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.5% (0.5% additional for MTS & RFS transactions)
7	UBL Government Securities Fund	UGSF	Upto 1%	Nil	Up to 2.5% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.50%
8	UBL Financial Sector Fund	UFSF	Upto 3%***	Nil	Upto 3%	4.50%
9	UBL Asset Allocation Fund	UAAF	Upto 3%***	Nil	1.00%	4.50%
10	UBL Retirement Saving Funds (URSF) – Commodity Sub Fund	URSF-CSF	Upto 3%	Nil	Up to 1.5%	2.50%
11	UBL Retirement Saving Funds (URSF) – Debt Sub Fund	URSF-DSF	Upto 3%	Nil	Up to 1.5%	2.50%
12	UBL Retirement Saving Funds (URSF) – Equity Sub Fund	URSF-ESF	Upto 3%	Nil	Upto 3%	4.50%
13	UBL Retirement Saving Funds (URSF) – Money Market Sub Fund	URSF-MMSF	Upto 3%	Nil	Up to 1.5%	2.00%
14	UBL Special Saving Plans (All Active Plans)	USSP	Up to 1.5%	0% to 2% (includes contingent load)	Up to 2.5% of daily net assets of the Scheme not exceeding the maximum expense ratio limit as permitted under the Rules & Regulations.	2.50%
15	UBL Fixed Return Plans (All Active Plans)	UFRP	Nil	To commensurate with net loss incurred due to early redemption during subscription & life of plan	Upto 2%	2.00%
	ISLAMIC MUTUAL(CIS) / PENSION FUNDS
16	Al-Ameen Shahriah Stock Fund	ASSF	Upto 2.5%***	Nil	Upto 3%	4.50%
17	Al-Ameen Islamic Income Fund	AIIF	Upto 1.5%	Upto 1.5% (Currently Nil)	Up to 10% of net income subject to a minimum of 0.25% p.a. (max. of upto 1.5%)	2.50%
18	Al-Ameen Islamic Sovereign Fund	AISF	Upto 1%	Nil	Up to 2.5% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.50%
19	Al-Ameen Islamic Cash Fund	AICF	Nil	Nil	Up to 2% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.00%
20	Al-Ameen Islamic Cash Plan-1	AICP-1	Nil	Nil	Up to 2% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.00%
21	Al-Ameen Islamic Asset Allocation Fund	AIAAF	Upto 3%***	Nil	2%	4.50%
22	Al-Ameen Islamic Aggressive Income Fund	AIAIF	Upto 1%	Nil	Up to 2.5% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.50%
23	Al-Ameen Islamic Aggressive Income Plan-1	AIAIP-1	Upto 0.25%	Nil	Up to 2.5% of daily net assets of the Scheme not exceeding the maximum expense ratio limit	2.50%
24	Al Ameen-Islamic Energy Fund	AIEF	Upto 3%***	Nil	Upto 3%	4.50%
25	Al Ameen Islamic Retirement Savings Fund-Debt Sub Fund	AIRSF-DSF	Upto 3%	Nil	Up to 1.5%	2.50%
26	Al Ameen Islamic Retirement Savings Fund-Money Market Sub Fund	AIRSF-MMSF	Upto 3%	Nil	Up to 1.5%	2.00%
27	Al Ameen Islamic Retirement Savings Fund-Equity Sub Fund	AIRSF-ESF	Upto 3%	Nil	Upto 3%	4.50%
28	Al-Ameen Islamic Fixed Term Plans (All Active Plans)	AIFTP	Nil	To commensurate with net loss incurred due to early redemption during subscription & life of plan	Upto 2%	2.00%

* On the basis of daily Gross earnings of the fund with floor and cap as per offering document of the respective fund.

** Subject to floor and cap as per offering document of the respective fund.

*** Subject to maximum of 1.5% on online/digital transactions.

Miscellaneous Taxes/ Charges
1	Structuring Fee/Front End load	Up to 3% (Upto 1.5% for online transactions)	Charges applicable at the time of purchase of units via physical &/or online means.
2	Back End Load	Up to 5%	Charges applicable at the time of encashment of units for selective Funds/Plans.
4	Capital Gains Tax (CGT)	0% to 25% (For Filer) Note: For Non-Filer, the tax rate would increased by 100%	Category	Stock Fund		Money market Fund, Income Fund or any other fund
				If Capital Gains greater than Dividends	If Capital Gains less than Dividends
			Individual & AOP	15.00%	15%	15%
			Company	15.00%	15%	25%
			Where the holding period is greater than 6 years, Capital Gains tax will be exempt (no tax will be withheld).
5	Sindh Sales Tax (SST)	15%	Effective from July 2024, 15% Sindh Sales Tax will be charged on front end load deductions. The calculation becomes 3*15% = 0.45 + 3 = 3.45 (SST may revise on yearly basis)
6	Withholding Tax (WHT) on Cash Dividends	Where Profit on Debt is less than 50% of the income of the fund Note: For Non-Filer, the tax rate would increased by 100%	Type		All Funds
					Filer	Non-Filer
			Individual		15%	30%
			Company		15%	30%
			AOP		15%	30%
		Where 50% or more income of the fund is from Profit on Debt Note: For Non-Filer, the tax rate would increased by 100%	Type		All Funds
					Filer	Non-Filer
			Individual		25%	50%
			Company		25%	50%
			AOP		25%	50%
7	Federal Excise Duty (FED)	Nil	Effective from July 2016, FED will not be applicable.
8	Zakat	2.5%	Incase of Zakat applicability (as per Zakat & Usher law)
9	Taxation on Bonus Units	10.0%	Effective from 1st July 2023, Tax on bonus units is applicable.
10	Redemption through Physical Form	Nil	–
11	Conversion through Physical Form	Rs. 100	Processing Charges on conversion transaction via Physical Form. No charges applicable on transactions received via UBL Funds Tele-Transact, Mobile (SMS) Transact, Online Portal &/or SMART Savings App.
12	Issuance of Physical Certificate	Rs. 25	–
Bank Levy
13	Redemption through online mediums	Nil	For UBL Fund Managers’ Customers
Note: Charges may change as per prevailing laws and/or constitutive documents. In case of Bank/Stock holiday transaction will be processed on next business day redemption price.