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UBL Fund Managers has announced the launch of UBL Funds Online, which is an online investment facility for its investors. UBL Funds Online is a free of charge service that will allow investors to manage and keep track of their investments and portfolio using the inter-net.
Although many asset management companies in Pakistan are currently offering online facilities to their clients, these are however, restricted to viewing of account statements only.
UBL Funds Online is a unique first of its kind inter-net based facility out application forms and submitting cheques to the bank. By easing out the generally cumbersome investment process, UBL Fund Managers has once again raised the bar in the mutual funds service industry.
Mir Muhammad Ali, CEO, UBL Fund Managers, commented on the occasion saying, "at UBL Funds we are always looking for new and innovative ways of servicing our investors. Progression in the field of information technology has changed the way people live their lives and do business. UBL Funds Online will help in making our funds more accessible to the investors."
UBL Funds Online is available to all individual and institutional investors having investment account with UBL Fund Managers. 'The Online Purchase of Funds' facility is offered in collaboration with UBL Net Banking on internet-based banking service offered by United Bank Limited.
UBL Fund Managers is a wholly owned subsidiary of United Bank Limited (UBL) and is amongst the largest asset management companies in Pakistan, managing assets of over Rs 33 billion. The company is currently offering five open end mutual funds to meet the diverse needs of today's investor.-PR

Copyright Business Recorder, 2007

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