0
LAHORE, April 5: Pakistan credit rating agency (PACRA) has assigned a 5-star fund rating to Pakistan Capital Market Fund (PCM), which reflects its superior performance. According to PACRA analysts the rating is a composite measure of two factors— returns and risk—associated with the returns measured by sharp ratio.
PCM is a broad-based absolute-return fund, investing in a combination of equity, debt and money market securities, with the underlying objective of seeking the optimum absolute return from Pakistan’s capital market.—APP
