UBL Principal Protected Fund I(UPPF I) gives 63% return

UBL Fund Managers, Pakistan’s leading Asset Management Company, announces a return of 63% on UBL Principal Protected Fund – I for its investors as it approached two year maturity.  Following the success of its preceding funds, UBL Funds is launching its fifth Principal Protected fund, namely the UBL Principal Protected Fund-III (UPPF- III) for individual and institutional clients. The fund will be open for subscription for a limited period only.
UBL Fund Managers have the privilege of being the first Asset Management Company in Pakistan to introduce the Principal Protected Funds based upon the CPPI methodology of dynamic asset allocation with 100% equity exposure.
The first Principal Protected Fund (UPPF-I), was launched in February 2012 and will mature on February 3, 2014.. The absolute return on this fund as of Jan 2014 is 63%.Since then UBL Funds has launched 2 conventional and 2 Islamic funds under the same umbrella.
Chief Executive of UBL Fund Managers, Mir Muhammad Ali CFA, said “UBL Funds Managers constantly endeavors to be in the forefront by introducing new and unique products & plans for customers as per their investment requirements and need of the times.
We have the privilege of being initiators of the Principal Protected Funds series followed by customized plans for individual customers.” He further added “For over a decade, UBL Fund Managers has been helping Institutions and Individuals manage their investments with the help of professional advisors and expert investment managers”.
Head of Marketing & Alternate Distribution Channels, Ms. Raeda Latif, added her comments “this is an opportune time for investors to consider including equity-based investments in their portfolio. UPPF-III is especially well-suited for conservative investors who want to gain exposure to equities but do not want to risk losing their principal investments either”.
UBL Fund Managers is a wholly owned subsidiary of United Bank Limited (UBL) and is currently managing assets of over Rs. 36billion. The company enjoys a ‘High Management Quality Rating’ of ‘AM2-’ by JCR-VIS Credit Rating Company.