Karachi, Faysal Balanced Growth Fundinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 23, 2018 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended December 31, 2017.
Further, the company has declared the closed period from February 16, 2018 to February 23, 2018.
Faysal Balanced Growth Fund (FBGF) is an open-ended mutual fund. The units of FBGF are listed on the Karachi Stock Exchange and were initially offered to the public on April 19, 2004. FBGF seeks to provide long-term capital appreciation with a conservative risk profile and a medium to long-term investment horizon. FBGF’s investment philosophy is to provide stable returns by investing in a portfolio balanced between equities and fixed income instruments.
The symbol “OEFFBGF” is being used by the stock exchange for the shares of Faysal Balanced Growth Fund.