Karachi: NBP Fund Management Limited has announced a board meeting set for October 30, 2024, to review both audited and unaudited financial statements for various funds under its management. The meeting will be held via teleconference and in-person at Karachi.

The board of directors will discuss the financial outcomes of several funds, including the NBP Income Opportunity Fund, NBP Stock Fund, and the NBP Balanced Fund, among others. A total of 24 funds covering various sectors such as financial, government securities, and Islamic investments will be reviewed, reflecting the company's diversified asset management strategy.

According to information available from the Pakistan Stock Exchange (PSX), this routine board meeting follows corporate governance practices to ensure transparency and accountability in fund management. The funds under review have been segmented into categories like 'NBP Savings Fund', 'NBP Mahana Amdani Fund', and 'NBP Islamic Energy Fund', each tailored to different investor needs and compliance standards.

This meeting will enable the board to approve financial statements for the fiscal year ending June 30, 2024, and the quarter ending September 30, 2024. NBP Fund Management Limited has urged TRE Certificate Holders of the exchange to note these developments as part of its commitment to operational excellence and stakeholder communication.