Karachi: UBL Funds Managers Limited announced the closure of the UBL Special Savings Fund effective June 29, 2026. The fund was closed after achieving a 100% redemption, according to a notification issued by the company.

The announcement, dated July 2, 2026, confirmed that the fund closure was executed as a result of its complete redemption. The development marks a significant move in the fund management sector, highlighting the full withdrawal of investments from this particular savings fund.

According to information available from the Pakistan Stock Exchange (PSX), the closure of the UBL Special Savings Fund is a notable event within the designated market category, underscoring the complete redemption milestone that prompted the fund's termination.

The UBL Special Savings Fund, known for its targeted investment strategy, has been a part of the broader financial landscape, and its closure reflects the dynamic nature of investment and fund management.