ABL Islamic Financial Planning Fund Reports Diverse Performance Across Plans

Karachi, The ABL Islamic Financial Planning Fund, with various plans under its umbrella, reported a mixed performance in its latest financial announcements on the Pakistan Stock Exchange. Notably, the Active Allocation Plan showed an offer price of Rs. 103.12 and a redemption price of Rs. 100.78, with a distribution of 7.14% for June, while the Aggressive Allocation Plan posted an offer price of Rs. 116.29 and a redemption price of Rs. 113.66, distributing 11.31% for the same period. Both plans, alongside the Conservative and Strategic Allocation Plans, reported distributions but highlighted a ‘NIL’ distribution for the previous year. These funds have been part of the market since 2016, except for the Strategic Allocation Plan III, which was listed in 2014. The Capital Preservation Plan I, along with Strategic Allocation Plans I, II, and III, did not report an offer price, suggesting no active issuance as of the latest financial period.

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