Karachi, September 16, 2008: ABL Funds Company (a wholly owned subsidiary of Allied Bank Limited) announced the launch of its first mutual fund - ABL Income Fund (ABL-IF). ABL-IF is an open end fixed income fund with no direct exposure to the stock market. The objective of ABL-IF is to earn superior risk adjusted rate of return by investing in a blend of short, medium, and long-term instruments, both within and outside Pakistan. The Initial Public Offer is from 17th to 19th September. Forms for investment are available at all ABL branches throughout Pakistan and are also available on www.ablamc.com
Contact Person
ABL Funds Company Limited
Sameer Beg
Tel No: 9207411-413
