Karachi, NBP Fullerton Asset Management Limited Funds informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 22, 2018 at Karachi, to approve reviewed financial statements of the NAFA Funds for the Half Year ended December 31, 2017.
Further, the company has declared the closed period from February 15, 2018 to February 22, 2018.
NAFA is a Non-Banking Finance Company with a license to perform Asset Management and Investment Advisory Services as per the NBFC Rules, 2003. The main sponsors of NAFA are National Bank of Pakistan and Fullerton Fund Management Group, Singapore, which in-turn is a wholly owned subsidiary of Temasek Holdings, Singapore. NAFA’s main area of business is Investment Management; more specifically floating and managing mutual funds, providing investment advisory and discretionary portfolio management services.
Based on proficient management team, sound quality of systems and processes, sponsors’ strength, diverse product base and performance of funds under management, PACRA has given NAFA rating of AM2+ by PACRA (High Investment Management Standards).