Karachi: HBL Asset Management Limited has scheduled its 109th meeting of the Board of Directors to take place on April 17, 2025, at its registered office in Karachi. The meeting will focus on evaluating the un-audited financial statements of several funds for the period ending March 31, 2025.
The agenda for the upcoming meeting includes a review of the financial performance of a range of funds managed by HBL Asset Management Limited. These funds 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, IIBIL Islamic Stock Fund, IIBL 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 HBL Total Treasury Exchange Traded Fund. Collectively, these are referred to as the Listed Funds.
According to information available from the Pakistan Stock Exchange (PSX), the meeting will also serve as an opportunity for the board to assess the financial strategies and future directions for these funds. Stakeholders, including the TRE Certificate Holders of the Exchange, have been notified of this meeting as part of regular procedural updates within the market category.
The review of these un-audited financial statements is a standard practice aimed at ensuring transparency and accountability in financial reporting for stakeholders. The outcomes of this meeting are anticipated by various market participants, given the scope of funds under HBL Asset Management's purview.