Considering the growing demand for Shariah-compliant investment options in Pakistan, Adamjee Life says it has launched Amanat Islamic Fund. ILLUSTRATION: JAMAL KHURSHID
KARACHI:
Adamjee Life has said that its debt and equity fund performance during April showed a positive trend.
In a press release, it says per unit NAVs of its funds as of May 31, 2013 are: Investment Secure Fund bid Rs121.5757, offer Rs125.3358; Investment Multiplier Fund bid Rs136.5719, offer Rs143.7599; Investment Secure Fund II bid Rs121.6004, offer Rs128.0004; Investment Diversifier Fund bid Rs110.0777, offer Rs113.4822 and Amanat Fund bid Rs104.175, offer Rs109.6579. Considering the growing demand for Shariah-compliant investment options in Pakistan, Adamjee Life says it has launched Amanat Islamic Fund.
This fund is an Islamic open-end asset allocation and investment fund, which seeks to achieve the objective of stable yet aggressive returns.
Published in The Express Tribune, June 15th, 2013.
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