Karachi,The UBL Asset Allocation Fund, listed in 2013 on the Pakistan Stock Exchange (PSE), announced robust performance in 2023. The fund's offer price stood at 144.62, with a redemption price of 142.21. Investors received distributions of 7.34% for the year ending June 2023, marking a significant increase in returns compared to the previous year. Notably, the fund did not declare any distributions in 2022, making this year's performance a notable highlight for investors.