Karachi, Habib Asset Management Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 21, 2021 at Karachi to consider and approve reviewed Financial Statements of First Habib Cash Fund, First Habib Income Fund, First Habib Islamic Income Fund, First Habib Asset Allocation Fund, First Habib Stock Fund and First Habib Islamic Stock Fund for the half year and quarter ended December 31, 2020.
Habib Asset Management Limited, an associated company of Bank AL Habib Limited was incorporated on September 30, 2005 as a Public Limited Company. The main objective of the company is to float open-end mutual funds for different class of investors. Habib Asset Management is presently managing First Habib Income Fund (FHIF), First Habib Stock Fund (FHSF), First Habib Cash Fund (FHCF) and First Habib Islamic Balanced Fund (FHIBF).