AL Habib Roshan Digital Account (RDA) holders can now invest digitally in Roshan Mutual Funds from anywhere in the world. A wide range of investment funds are managed by AL Habib Asset Management Company (AMC) duly licensed by the Securities and Exchange Commission of Pakistan and approved by the State Bank of Pakistan for Overseas Pakistanis. To build investment portfolio for higher returns from the highly competitive Pakistan's Capital market.
Investors pool their money in a Fund which is managed by professional managers who invest money in a wide range of securities depending upon the category and objective of the Fund. The assets created through the investors' contribution to the pool are divided into units and the increase and decrease in the value of each unit reflects the performance of the Fund. As increasing number of investors put additional money into the Fund, more assets are purchased and more units are issued and added to the Fund.
The income earned on the investments and realized capital gains daily appreciate the value of unit holders’ initial investment and can be redeemed any time. However, the AMC distributes the income earned to the Unit holders in proportion of the number of units owned. It is mandatory for Mutual Funds to distribute at least 90% of their income to Unit holders. The income is distributed in the form of cash or dividend.
The sale and redemption prices of all the Funds are announced daily, based on Net Asset Value (NAV) so the investors are updated of the financial status of the Funds on a daily basis. The prices are also available on AL Habib Asset Management website.