UBL Funds, under its smart investment plans, has launched the UBL Wealth Builder Plan. The Wealth Builder is designed keeping in mind the need of investors for a lump sum and/or regular contribution plan that builds over time and is ideal for those who are not investment savvy but still want to capitalise on attractive returns.
The plan also offers investors the option to choose from three different investment options as per their plan and risk appetite allowing the investor to pan out their portfolio either 1) Aggressively; In which 25 percent of the funds are retained in government securities while 75 percent are invested in equities. 2) Moderately; through which 50 percent of the funds are invested in each market, and 3) Conservatively; in which 75 percent of the funds are kept in government securities while 25 percent are invested in the equity market.
CEO, Mir Mohammad Ali, CFA on the launch of this plan, said: "The UBL Wealth Builder suits a wide group of people in various stages of their careers and life. The systematic investments feature assures that over time and with regular contributions, investments will grow to an extent that will greatly assist in achieving their financial objectives in life."
UBL Wealth Builder Plan not only offers a Shariah-Compliant Islamic version but also boasts attractive features such as a moderately low account opening balance of Rs 20,000 and easy minimum subsequent payments of just Rs 2,000 with no penalties on irregular payments or application of any withdrawal charges to allow investors maximum liquidity.-PR
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