Lahore Stock Exchange Limited (LSE) has approved the application for formal listing and quotation of the Units of NAFA Islamic Principal Protected Fund-1 (Open end Fund managed by NBP Fullerton Asset Management Ltd).
According to a LSE circular, the Fund will be quoted under "Open-end Fund" sector of the Ready Board Quotation of the Exchange from Thursday, March 6, 2014. After listing of this fund, the number of listed funds in open end sector of the Lahore Stock Exchange will be 64. The address of the Management Company is NBP Fullerton Asset Management Ltd, 7th Floor, Clifton Diamond Building, Block-4, Scheme No 5, Clifton, Karachi.
LSE Managing Director and Chief Executive Officer Aftab Ahmed Chaudhry congratulated the stakeholders and management of NAFA Islamic Principal Protected Fund-1, and informed the investors that after the listing of this Fund at the Lahore Stock Exchange a new product in "Open-end Fund" sector will available for investment. He also highlighted the steps taken by the LSE contributing to build a mechanism that has produced more transparency in the trading of the shares as well as to secure the investment of the investors.
Comments
Comments are closed.