Interim Distribution of Habib Asset Management Limited

Karachi, Habib Asset Management Limited informed Pakistan Stock Exchange that the Chief Executive Officer, under the authority of the Board of Directors of the Company, has approved interim distribution of funds, for the year ending June 30, 2020.

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).