Karachi, Habib Asset Management Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 22, 2018 at Karachi to consider and approve Financial Statements of First Habib Income Fund, First Habib Stock Fund, First Habib Cash Fund, First Habib Islamic Stock Fund, First Habib Islamic Income Fund and First Habib Allocation Fund for the Six months and Quarter ended December 31, 2017.
Further, the company has declared the closed period from February 15, 2018 to February 22, 2018.
Habib Asset Management Limited, an associated company of Bank AL Habib Limited was incorporated on September 30, 2005 as a Public Limited Company. The main objective of the company is to float open-end mutual funds for different class of investors. Habib Asset Management is presently managing First Habib Income Fund (FHIF), First Habib Stock Fund (FHSF), First Habib Cash Fund (FHCF) and First Habib Islamic Balanced Fund (FHIBF).