Js Investments Limited · PSX:JSIL
Js Investments — Investor Presentation (May 2022)
18 slides from Js Investments's investor presentation, May 2022
Slide 1: JS Microfinance Sector Fund Product Presentation
JS MICROFINANCE SECTOR FUND PRODUCT PRESENTATION 1
Slide 2: Table of Contents
01 AN INTRODUCTION TO MICROFINANCE An Introduction To Microfinance Sector Along With Its Benefits 02 JS MICROFINANCE SECTOR FUND Objective, Benefits And Strategy Of JS Microfinance Sector Fund 03 MICROFINANCE SECTOR INVESTMENT OPTIONS Details Of Banks And Institutes In The Sector 04 ABOUT JS INVESTM
Slide 3: Introduction Overview of Microfinance Sector
INTRODUCTION OVERVIEW OF MICROFINANCE SECTOR Microfinance, alternatively known as micro-credit, is the provision of financial services to people who are unable to obtain such services from commercial banks, typically due to unemployment, low income, or lack of access to traditional banking channels.
Slide 4: Regulatory Framework
REGULATORY FRAMEWORK Securities and Exchange State Bank of Pakistan Commission of Pakistan Non-Banking Finance Non-Banking Finance Microfinance Institutions Companies (Establishment Companies and Notified Ordinance 2001. and Regulations) Rules, Entities Regulations, 2008 2003 Non-bank Microfinance B
Slide 5: JS Microfinance Sector Fund
JS MICROFINANCE SECTOR FUND 5
Slide 6: Product Overview JS Microfinance Sector Fund
PRODUCT OVERVIEW JS MICROFINANCE SECTOR FUND JS Microfinance Sector Fund is an open-end Income Fund which aims to contribute to building a sustainable, robust, and inclusive financial sector in Pakistan. The fund offers attractive returns, comparatively higher returns than the traditional banking ch
Slide 7: Benefits of JS Microfinance Sector Fund
BENEFITS OF JS MICROFINANCE SECTOR FUND Greater Yield Medium Risk Diversification Compounding By investing in the Fund, investors The higher yield is not earned at the can earn a superior fixed income expense of higher risk. The Many institutions operate under the Compounding is often quoted as the
Slide 8: Spectrum of Fixed Income Returns
SPECTRUM OF FIXED INCOME RETURNS 15.25% 14.50% 13.15% 12.50% 12.70% 12.10% 12.25% CoD Bank Deposits TDR PIBs Floaters Tbills Microfinance As a result of this, microfinance banks are leading the spectrum of available fixed income instruments in terms of yield. Source: SBP, Commercial Banks, Microfina
Slide 9: Higher Microfinance Return Compounds Over Time
BENEFITING HIGHER MICROFINANCE RETURN COMPOUNDS OVER TIME Return of PKR 100 over 5 years at different returns PLS Rate Traditional Bank Micro Finance Bank 180 174 170 160 159 150 140 130 120 110 100 90 31-Dec-15 31-Dec-16 31-Dec-17 31-Dec-18 31-Dec-19 31-Dec-20 Based on our data collection we believ
Slide 10: Microfinance Sector Investment Options
MICROFINANCE SECTOR INVESTMENT OPTIONS 10
Slide 11: Asset Allocation Investment Policy
ASSET ALLOCATION INVESTMENT POLICY Min. Entity Max. Min. Description Rating Exposure Exposure Govt. Securities: Pakistan Investment Bonds, Treasury Bills, N/A 75% 0% GOP Ijara Sukuks, and other Govt Securities Debt Securities issued by provincial/local govt , or govt N/A 75% 0% agencies or govt owne
Slide 12: Investment Universe Microfinance Banks
INVESTMENT UNIVERSE MICROFINANCE BANKS Rating Sector Long Term Short Term Khushhali Microfinance Bank Limited A+ A-1 First Microfinance Bank Limited A+ A-1 U Microfinance Bank Limited A+ A-1 NRSP Microfinance Bank Limited A A-1 Mobilink Microfinance Bank Limited A A1 Finca Microfinance Bank Limited
Slide 13: Investment Universe Microfinance Institutions
INVESTMENT UNIVERSE MICROFINANCE INSTITUTIONS Rating Sector Long Term Short Term Kashf Foundation A- A2 SAFCO Support Foundation BBB- A3 JWS Pakistan BBB- A3 ORIX Leasing Pakistan Limited AA+ A1+ Agahe Pakistan BB+ A3 Thardeep Microfinance BBB A3 13
Slide 14: About JS Investments
ABOUT JS INVESTMENTS 14
Slide 15: JS Investments Our Profile
JS INVESTMENTS OUR PROFILE JS Investments Limited (JSIL) (estd. 1995) is the oldest private sector Asset Management Company in Pakistan. Our founding partners were INVESCO PLC (formerly known as AMVESCAP PLC) – Europe’s largest investment Management house & International Finance Corporation (IFC) –
Slide 16: Our Management Team
OUR MANAGEMENT TEAM Ms. Iffat Zehra Mankani Mr. Hussain Haider Ms. Samina Faisal Mr. Abdul Basit Siddiqui Chief Executive Officer Chief Investment Officer Country Head | Business Head of Marketing, Distribution Development & Customer Experience Ms. Iffat joined JS Investments in April 2021. Hussain
Slide 17: Our Management Team
OUR MANAGEMENT TEAM Mr. Khawar Iqbal Mr. Malik Zafar Javaid Ms.Zeeshan Mr. Samina Khawar Faisal Ms. Abdul Mr. Basit Siddiqui Muhammad Anwer Chief Operating Officer Chief Compliance & Country Head | Business Chief Finance Officer Head of Marketing, Distribution Head of Information Risk Officer Develo
Slide 18: Thank You
THANK YOU Disclaimer: All investments in mutual funds are subject to market risks. The investors are advised in their own interest to carefully read the contents of Offering Document in particular the Investment Policies mentioned in clause 2.1.1. Risk Factors mentioned in clause 2.4 and Warnings in