Karachi, The Pakistan Capital Market Fund, operational since 2004, experienced a slight decline in redemption price from 14.04 in 2021 to 13.73 in 2023. The fund reported a distribution of Rs 1.85 per unit, reflecting its active management in the capi...
Read More »NIT – Islamic Income Fund: A Shariah-Compliant Investment Avenue
Karachi, The NIT - Islamic Income Fund, established in 2019, serves as a Shariah-compliant investment avenue. The fund focuses on Islamic fixed-income securities, maintaining a stable redemption price and offering no specific distributions, reflecting...
Read More »VIS Credit Rating Company Assigns ‘A-/A-1’ Initial Ratings to Maple Leaf Capital Limited with Stable Outlook
Karachi, VIS Credit Rating Company Limited (VIS) has assigned an initial entity rating of 'A-/A-1' to Maple Leaf Capital Limited (MLCL), indicating good credit quality and high certainty of timely payments, with a stable outlook, a news release by VIS ...
The post VIS Credit Rating Company Assigns ‘A-/A-1’ Initial Ratings to Maple Leaf Capital Limited with Stable Outlook appeared first on Pakistan Business News.
Read More »UBL Growth & Income Fund Balances Growth and Income
Karachi, The UBL Growth & Income Fund, established in 2006, balances growth and income. With both the Growth and Income Units showing a similar trend in redemption prices, from 98.27 in 2021 to 96.63 in 2023, the fund caters to investors seeking a...
Read More »JS Global Banking Sector ETF Demonstrates Strong Trading
Karachi, JS Global Banking Sector ETF (JSGBETF) today traded at 15.26, with a notable daily average rate of 58.686. The fund experienced significant trading activity in 2023, with a high turnover of 5,568,000 and rates fluctuating between a high of 11...
Read More »Pakistan Income Fund Maintains Steady Income Distribution
Karachi, The Pakistan Income Fund, active since 2002, has maintained steady income distribution with Rs 3.54 per unit in 2021. The fund's redemption price decreased from 60.16 in 2021 to 58.83 in 2023, indicating its commitment to consistent income ge...
Read More »Pak Oman Advantage Asset Allocation Fund Reports Slight Decrease
Karachi, The Pak Oman Advantage Asset Allocation Fund, operational since 2009, witnessed a slight decrease in its redemption price, from 45.58 in 2021 to 44.33 in 2023. The fund did not announce any distributions, reflecting a cautious approach amidst...
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