PAKISTAN, Karachi, May 2018: UBL Fund Managers Limited (UBL Funds) announced the launch of UBL Dedicated Equity Fund (UDEF). This Fund is Perpetual and now open for subscription only for conventional Fund-of-Funds Schemes.
The “UDEF” has an investment objective to provide other conventional ‘Fund of Funds’ schemes an avenue for investing in Equities.
About UBL Fund Managers Limited:
Established in 2001 and regulated by the Securities and Exchange Commission of Pakistan, UBL Fund Managers has been offering its products and services to investors in Pakistan for over a decade and since 2011 has presence in the Middle East as well. With AUMs of PKR 67Bn as of February, 2018, UBL Fund Managers is one of the leading Asset Management Companies in Pakistan. It has also been given the High Management Quality Rating of AM1 by JCR-VIS Credit Rating Company which is currently the highest management quality rating assigned to any AMC in Pakistan.
Disclaimer: All investments in mutual funds & pension funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Document(s) to understand investment policies and risks involved. Withdrawal from pension funds before retirement shall have tax implications.