Karachi, According to information available from the Pakistan Stock Exchange (PSX), AKD Investment Management Limited (AKDIML) has announced strong half-year financial performances across its diverse fund portfolio for the period ending December 31, 2023. The Board of Directors is pleased to present this alongside the audited financial statements of their funds.

The AKD Opportunity Fund reported a notable return of 21.80%, although it underperformed against the KSE-100 Index's exceptional gain of 50.66%. Similarly, the Golden Arrow Stock Fund achieved a return of 42.59%, also trailing the KSE-100 Index. In contrast, the AKD Islamic Stock Fund outperformed its benchmark, the KMI-30 Index, with a return of 72.33% against 48.03%.

Other funds such as the AKD Index Tracker Fund and the AKD Cash Fund posted returns of 48.03% and 21.88% respectively, with the latter slightly outperforming its benchmark. The AKD Islamic Income Fund, AKD Aggressive Income Fund, and AKD Islamic Daily Dividend Fund recorded returns of 19.84%, 19.67%, and 19.17%, demonstrating varying performances against their respective benchmarks.

The management's focus remains on high standards of regulatory compliance, risk management, and offering inflation-adjusted returns, continuing to make AKDIML funds a preferred choice for investors' savings and investment strategies.