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- Thursday, April 18, 2013 - From Print Edition


Karachi: Launched under the Siraj umbrella, UBL Funds introduced the UBL Islamic Principal Preservation Fund on April 1st, 2013.


For the first time in Pakistan, investments can be made in a Shariah Compliant investment scheme with 100% exposure into the stock market while benefiting from the principal preservation advantage. This scheme can be a gateway for all prudent investors to the Pakistani stock market has that has given an absolute return of 525% in the last ten years (DEC 2002-2012).


Mir Muhammad Ali, CEO UBL Funds said, “Not only does this product offer a Profit Lock-In feature – that enables locking in any gains from the investment during the life of the fund; but the investor also benefits with our pioneer methodology of Constant Proportion Portfolio Insurance in Shariah Compliant investments.”**