UBL Fund launches Islamic allocation plan

LAHORE: UBL Fund has launched the Al-Ameen Islamic Active Allocation Plan–I (AIActAP-I) under the Al-Ameen Islamic Financial Planning Fund.
The AIActAP-1 offers investment plan for investors that wish to benefit from the equity market and want an actively managed investment portfolio. The plan has a two year term aiming to smartly invest and disinvest from the stock market.
Mir Muhammad Ali, CEO UBL Fund Managers Limited, said that the Al-Ameen Active Allocation Plan-1 is ideal for investors who wish to gain returns from the equity market but are unaware of when to buy or sell.
The core task of the fund managers is to know when to ride the market waves, making the best of the trends.