Karachi, HBL Asset Management Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 26, 2021 at Karachi. The agenda of the meeting will to consider among other things the audited financial statements of HBL Growth Fund, HBL Investment Fund, HBL Income Fund, HBL Money Market Fund, HBL Islamic Money Market Fund, HBL Stock Fund, HBL Multi Asset Fund, HBL Islamic Stock Fund HBL Islamic Asset Allocation Fund, HBL Energy Fund, HBL Government Securities Fund, HBL Cash Fund, HBL Equity Fund, HBL Islamic Income Fund, HBL Islamic Equity Fund, HBL Islamic Dedicated Equity Fund, HBL Islamic Dedicated Equity Fund, HBL Islamic Financial Planning Fund and HBL Financial Planning Fund (collectively referred as Listed Funds) for the year ended June 30, 2021.
Further, the company has declared the closed period from August 01, 2021 to August 01, 2021.
HBL Asset Management Limited is a wholly owned subsidiary of HBL. The company was incorporated on 17 February, 2006 as a public limited company under the Companies Ordinance 1984. It was licensed for Investment Advisory and Asset Management Services by the Securities and Exchange Commission of Pakistan on 3rd April, 2006. The company is managing 8 different types of mutual funds which include 6 conventional Funds and 2 Islamic Funds along with 2 pension funds; conventional and Islamic.