Launched under the Siraj umbrella, UBL Funds introduced the UBL Islamic Principal Preservation Fund on April 01, 2013. For the first time in Pakistan, investments can be made in a Shariah Compliant investment scheme with 100 percent exposure into the stock market while benefiting from the principal preservation advantage.
This scheme can be a gateway for all prudent investors to the Pakistani stock market that has given an absolute return of 525 percent in the last ten years (DEC 2002-2012). Mir Muhammad Ali, CEO UBL Funds said, "Not only does this product offer a Profit Lock-In feature - that enables locking in any gains from the investment during the life of the fund; but the investor also benefits with our pioneer methodology of Constant Proportion Portfolio Insurance in Shariah Compliant investments."
The CPPI (Constant Proportion Portfolio Insurance) method is intended to control risk and protect capital via daily valuation of risk budget available and daily portfolio rebalancing thus aiming to preserve the principal investment. UBL Fund Managers offers unique funds and investment plans to suit diverse individual savings and investment needs. The well-crafted plans offer investors the opportunity to fulfil life goals and plans.
Established in 2001 and regulated by the Securities and Exchange Commission of Pakistan UBL Fund Managers has for more than a decade has the privilege of being one of the leading asset management companies of Pakistan with presence in the Middle East as well. It has also been given the prestigious High Management Quality Rating of AM2 by JCR-VIS Credit Rating Company.-PR