SECP enhances disclosure rules for fund manager reports

News Image

MG News | March 28, 2025 at 11:52 AM GMT+05:00

0:00

March 28, 2025 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has issued a circular introducing enhanced disclosure requirements for Fund Manager Reports (FMRs) by Asset Management Companies (AMCs).

These measures aim to promote transparency and enable investors and unitholders of Collective Investment Schemes (CIS) to make more informed decisions.

Key enhancements include the disclosure of Actual Expenses as a percentage of net assets, applicable sales loads, monthly Portfolio Turnover Ratios, risk-adjusted return, Yield to Maturity, Modified Duration, Macaulay Duration, Beta, and Standard Deviation.

Additionally, FMRs must provide a comparative analysis of benchmark and committed returns, according to the press release issued today.

The disclosure of index descriptions and tracking difference history for Exchange-Traded Funds (ETFs) has also been mandated.

To ensure consistency and accuracy in disclosures, the Mutual Funds Association of Pakistan (MUFAP) has been tasked with developing a standardized methodology for calculating the prescribed quantitative measures.

The enhanced disclosures will become effective immediately upon SECP’s approval of the MUFAP methodology.

This initiative reflects SECP’s continued commitment to improving market integrity, transparency, and investor protection in the asset management industry.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,395.00 119,440.00
118,220.00
100.00
0.08%
BRENT CRUDE 72.69 73.17
71.75
0.18
0.25%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.39 69.79
68.45
0.18
0.26%
SUGAR #11 WORLD 16.41 16.58
16.37
-0.18
-1.09%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg