Pakistan Company News

Board of directors meeting of Faysal Balanced Growth Fund

Karachi, Faysal Balanced Growth Fund informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 24, 2019 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2019.

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.