Home Business UBL Al-Ameen Islamic Active Allocation Plan –II

UBL Al-Ameen Islamic Active Allocation Plan –II

UBL Fund Managers Limited (UBL Funds) announced the launch of the Al-Ameen Islamic Active Allocation Plan–II, under the Al-Ameen Islamic Financial Planning Fund. This Plan is now open for subscription.

UBL

Al-Ameen Islamic Active Allocation Plan-II (AIActAP-II) is presented by UBL Funds under the guidance of Shariah Scholars Mufti Muhammad Hassaan and Mufti Najeeb Khan. The Plan has a term of two years and is ideal for investors who wish to benefit from the equity market and desire active management of their investment portfolios.

Mir Muhammad Ali, Chief Executiveat UBL Funds, said “The Al-Ameen Islamic Active Allocation Plan-I was well-received by investorsraising over PKR 2.3bn, hencewe decided to launch the second tranche in the series: Al-Ameen Islamic Active Allocation Plan-II.”

He further added that “This is an ideal investment opportunity for those who wish to take 100% exposure to equities, but are unaware in which stocks to invest. Our Fund Managers will invest and disinvest between Islamic Equities and Islamic Income/Money Market based instruments on the basis of their well-researched multi-market outlooks, providing investors an actively managed portfolio.”

AIActAP-II will initially be investing in Al-Ameen Shariah Stock Fund (ASSF) to take exposure to Equities, and in Al-Ameen Islamic Sovereign Fund (AISF) and/or Al-Ameen Islamic Cash Fund (AICF) to take exposure to theIncome/Money Markets.

Must Read

SCO Introduces Surprise Mini Super Card and Chance to Win a Bike

The largest telecom operator in Azad Jammu & Kashmir (AJ&K) and Gilgit Baltistan (GB) has surprised their customer once again by introducing a new...

CAMON 16 TAIVOS TECHNOLOGY FEATURES BUZZING ALL OVER SOCIAL MEDIA PLATFORMS

The globally acclaimed smartphone brand TECNO’s pioneer phone Camon 16 has become the talk of the town as the trailers have been released and...

Shanghai Cooperation Organization (SCO) Startup Forum

Shanghai Cooperation Organization (SCO) Startup Forum, envisioned to lay the foundation for multilateral cooperation and engagement for startups among the SCO Member States, held...

CAMON 16 Grand Launch at 8PM on November 3rd. Equipped with TAIVOS Smart Photography Solution.

CAMON 16 Grand Launch at 8 PM on November 3rd. Equipped with TAIVOS Smart Photography Solution. For more information, please visit Tecnomobilepakistan. #mir.consultants. #TecnoMobile #Camon16 #TAVIOS ...

No Time to Wait! Show the World What You Can Do In 5 Minutes with OPPO F17 Pro 5-Minute Challenge

OPPO is here again with yet another electrifying challenge for its audience to keep the element of fun alive in the lives of the...