Karachi, Faysal Asset Management Limited informed Pakistan Stock Exchange that the board meeting of the company is now scheduled to be held on June 27, 2016. The agenda of the meeting shall be distribution of interim profit for the period ending June 30, 2016.
Further, the closed period of the company shall be from June 22, 2016 to June 27, 2016 (both days inclusive).
Faysal Balanced Growth Fund (FBGF) is an open-ended mutual fund. The units of FBGF are listed on the Karachi Stock Exchange and were initially offered to the public on April 19, 2004. FBGF seeks to provide long-term capital appreciation with a conservative risk profile and a medium to long-term investment horizon. FBGF’s investment philosophy is to provide stable returns by investing in a portfolio balanced between equities and fixed income instruments.
The symbol “OEFFBGF” is being used by the stock exchange for the shares of Faysal Balanced Growth Fund.