Lahore: PACRA has reaffirmed the stability rating of MCB DCF Fixed Return Fund III, reflecting the fund’s strategic focus on low-risk investments. The fund’s portfolio is primarily composed of short-term sovereign instruments, with an overwhelming 99.6% invested in Treasury Bills. A minimal 0.3% of the fund’s assets are placed with banks, while the remaining 0.1% is allocated across other investment avenues.

According to Pakistan Credit Rating Agency Limited, the fund’s credit quality remains robust, with 99.6% of assets in government-rated securities, 0.3% in AAA-rated instruments, and a marginal 0.1% in other holdings. The fund’s Weighted Average Maturity (WAM) was reported at 237 days as of the end of December 2024, aligning with its capital preservation goals and low credit risk exposure.

Looking ahead, any significant changes in the fund’s investment policy or adherence to rating criteria could influence the current rating.