Mutual Funds


Mutual Funds

For more than two decades Aban has been committed to serve its clients by offering a different set of customized services and products. In line with the stated strategy and to fulfill each investor’s unique financial goals, we have established different kinds of mutual funds which each investor could choose among them based on their financial objectives and risk appetite.
All mutual funds are managed by our professional and qualified portfolio managers in accordance with their IPS (Investment Policy Statement) and under the supervision of the investment committee. Mutual funds are subject to the rules and regulations of SEO and we poses all the necessary credentials and licenses.

 

Our Mutual Funds

Kosar

Kosar mutual fund is a fixed-income fund which is suitable for those investors that seek low level of investment risk.
Fund’s specifications:
    Asset allocation: at least 90% of the Fund’s assets must be invested in those fixed-income securities that have been approved by either SEO (Iran Security & Exchange Organization) or CBI (Central Bank of Iran). The stated securities could be Sukuk (Islamic Securities), Bonds, and Money Market Instruments such as Bank Deposits or CDs
    Annual rate of return: 19% – 21% which is guaranteed
    Distributions: monthly
    Liquidity guarantor: Kosar Financial Institution
    Investment Manager: Aban Securities
Official website: kosar1fund.com
fund3

 

Aban

Aban mutual fund is an equity fund that seeks to generate long-term capital growth by investing mainly in equity securities of those Iranian companies that offer growth potential. The Fund is suitable for those investors who are fine with high level of investment risk.
Fund’s specifications:
    Asset allocation: The fund invests primarily in the shares of listed companies in TSE and IFB. The minimum and maximum percentages of shares in its portfolio mix are set to be 70% and 100% respectively, and the remaining could be invested in fixed-income securities.
    Investment manager: Aban Securities
    The Fund does not distribute any income.
    Liquidity is not guaranteed.
    There is no redemption fees involved.
Official website: aban.aban.net
fund2

 

Pars

Pars mutual fund is a balanced fund which is suitable for those investors that seek medium level of investment risk.
Fund’s specifications:
    Asset allocation: The Fund invests primarily in the shares of listed companies in TSE and IFB. The minimum and maximum percentages of shares in its portfolio mix are set to be 40% and 60% respectively and the remaining could be invested in fixed-income securities.
    Investment manager: Aban Securities
    Liquidity guarantor: Aban Securities
    Income distribution: NA
Official Website: pars.aban.net
fund1

 

Omid

omid mutual fund is an equity fund designed for donation to “charity society for supporting cancer patients of West Azerbaijan”.
Fund specifications:
    Asset allocation: The fund invests primarily in the shares of listed companies in TSE and IFB. The minimum and maximum percentages of shares in its portfolio mix are set to be 70% and 100% respectively, and the remaining could be invested in fixed-income securities.
•    Investment manager: Aban securities
•    There is no guarantee for the income distribution nor for the liquidity.
    The predicted annual rate of return is set to be at 15% which is not guaranteed.
    The fund pays the distribution income, if any, annually.
Official website: omid.aban.net
fund4