UBL Fund Managers Limited Reports Significant Losses in Financial Performance

Karachi: UBL Fund Managers Limited released its financial results for the period ending September 30, 2026, revealing substantial financial challenges across its funds. The results were disclosed on October 22, 2026, showcasing notable shifts in assets, liabilities, and income statements for various funds under management.

For the Al-Ameen Islamic Aggressive Income Fund, the total assets as of September 30, 2026, stood at 778.05 million rupees, compared to 716.32 million rupees on June 30, 2026. The fund's net assets rose to 761.82 million rupees from 692.45 million rupees, with the net asset value per unit increasing from 101.44 rupees to 103.81 rupees. Despite these increases, the fund reported a net loss of 67.94 million rupees for the quarter ending September 30, 2026, a stark contrast to a net income of 207.16 million rupees reported for the same period in 2025.

The UBL Government Securities Fund reported a decline in total assets from 3.81 billion rupees on June 30, 2026, to 3.52 billion rupees by the end of September. Correspondingly, the net assets decreased to 3.46 billion rupees from 3.69 billion rupees, with the net asset value per unit showing a moderate move by increasing from 106.92 rupees to 108.39 rupees.

The UBL Stock Advantage Fund faced a significant downturn, reporting a total loss of 2.08 billion rupees for the quarter ending September 30, 2026, compared to a profit of 6.87 billion rupees in the same period the previous year. The net loss for the fund was reported as 2.43 billion rupees, a decline from a net gain of 6.61 billion rupees in the corresponding quarter of 2025. According to information available from the Pakistan Stock Exchange (PSX), these figures represent a very large or significant move.

The results highlight the financial volatility and challenges faced by UBL Fund Managers Limited across different funds, with marked decreases in income and significant losses reported.