Pakistan Company News

Board of Directors meeting of Habib Asset Management Limited

Karachi, Habib Asset Management Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on April 22, 2019 at Karachi. The agenda of the meeting will 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 Asset Allocation Fund for the nine months ended March 31, 2019.

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).