Karachi, AKD Aggressive Income Fundinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 23, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 9,451.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
AKD Aggressive Income Fund (AKDAIF) is a dedicated fund that focuses primarily on fixed income securities and instruments. The objective of AKDAIF is to offer investors a convenient vehicle to invest in a diversified portfolio of fixed income securities/instruments that provide consistent returns with concern for preservation of capital over the longer term.
AKD Investment Management Limited serves investors in Pakistan’s capital markets with diligence, integrity and professionalism, thereby delivering consistent superior returns and unparalleled customer service.
AKD Investment Management Limited (AKDIML) is the investment management firm under umbrella of AKD Group. AKD Investment was established in September 2004. The firm focuses on investment management, managing mutual funds and discretionary management of institutional portfolios.
The symbol “OEFAKDAIF” is being used by the stock exchange for AKD Aggressive Income Fund.