National Fullerton Asset Management Limited "Nafa" has announced free insurance coverage service for its investors in partnership with ALICO-AIG Life. As per this agreement all individual investors in all Nafa funds will be provided with an accident death and disability coverage (by ALICO-AIG Life) of up to Rs 100,000 free of charge.
The agreement was signed by Dr Amjad Waheed, CEO Nafa and Arif Mufti, Chairman and ECO ALICO-AIG Life in a ceremony on 24 August, 2007. National Fullerton Asset Management Limited (Nafa) is a joint venture between National Bank of Pakistan, NIB Bank and Fullerton Fund Management Group - Singapore. Nafa has successfully launched three funds in a short span of sixteen months, and is currently managing Rs 22 billion.-PR