KARACHI: UBL Funds, under its Smart Investment Plans’ umbrella, has launched the UBL Wealth Builder Plan.
According to a press release, the Wealth Builder is designed keeping in mind the need of investors for a lump sum and/or regular contribution plan that builds over time and is ideal for those who are not investment-savvy but still want to capitalise on attractive returns. The plan offers investors the option to choose from three different investment options.
Aggressively, in which 25% of the funds are kept in government securities while 75% are invested in equities; Moderately, through which 50% of the funds are invested in each market and Conservatively, in which 75% of the funds are kept in government securities while 25% are invested in the equity market.
Published in The Express Tribune, May 16th, 2013.
Like Business on Facebook to stay informed and join in the conversation.
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ