HBL Asset Management Limited Announces 108th Board Meeting to Review Financial Statements

Karachi: HBL Asset Management Limited has scheduled its 108th Board of Directors meeting to deliberate on multiple financial statements, including those of several significant funds. The meeting is set to take place on Tuesday, February 18, 2025, at 1:30 p.m. at the company's registered office located on the 7th Floor of Emerald Tower, G-19, Block 5, Main Clifton Road, Clifton, Karachi.

The primary agenda for this meeting includes a comprehensive review of the Un-Audited financial statements for an array of funds managed by the company. These include the HBL Growth Fund, HBL Investment Fund, HBL Income Fund, HBL Money Market Fund, HBL Islamic Money Market Fund, HBL Stock Fund, HBL Multi Asset Fund, HBL Islamic Stock Fund, HBL Islamic Asset Allocation Fund, HBL Energy Fund, HBL Government Securities Fund, HBL Cash Fund, HBL Equity Fund, HBL Islamic Income Fund, HBL Islamic Equity Fund, HBL Financial Sector Income Fund, and the HBL Total Treasury Exchange Traded Fund. These funds are collectively referred to as the Listed Funds.

The financial statements under discussion will cover the period ending December 31, 2024. This review is crucial for stakeholders as it provides insights into the performance and strategic direction of the funds managed by HBL Asset Management Limited. According to information available from the Pakistan Stock Exchange (PSX), these funds have been a point of interest for market participants given their diverse portfolio and strategic asset allocation.

The company has requested that the TRE Certificate Holders of the Exchange be duly informed of this forthcoming meeting. This development is significant within the designated market category, highlighting the ongoing commitment of HBL Asset Management Limited to maintain transparency and accountability in its financial operations. The outcomes of this meeting are anticipated to influence investor decisions and market dynamics in the ensuing months.