Notice for change of Minimum Investment Amount

Unit holders of the Funds mentioned below are hereby notified that the minimum investment amount in has been changed. With regards to this change the Supplemental Offering Documents can be viewed at our website www.hblasset.com

The Offering Document of the Funds mentioned in table below have been amended, through Supplements to the Offering Documents, to reflect the changes.

The aforementioned amendments have been made with Trustees’ consent, followed by approval of the Securities and Exchange Commission of Pakistan (SECP).

The notice is being given to all unit holders in compliance with regulation 44 (6) of the Non-Banking Finance Companies and Notified Entities Regulations, 2008 and the constitutive documents of the Funds.

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For details, please contact:
Retails Sales Support
HBL Asset Management
7th Floor, Emerald Tower, G-19, Block 5,
Main Clifton Road, Clifton, Karachi
www.hblasset.com | call 111-425-262
Karachi: May 26, 2017

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Notice for change of Cut off Timing

Unit holders of the Funds mentioned below are hereby notified that the cut off time for dealing in units of following funds have been changed. With regards to this change the Supplemental Offering Documents can be viewed at our website www.hblasset.com

The Offering Document of the Funds mentioned in table below have been amended, through Supplements to the Offering Documents, to reflect the changes.

The aforementioned amendments have been made with Trustees’ consent, followed by approval of the Securities and Exchange Commission of Pakistan (SECP).

The notice is being given to all unit holders in compliance with regulation 44 (6) of the Non-Banking Finance Companies and Notified Entities Regulations, 2008 and the constitutive documents of the Funds.

timings

For details, please contact:
Retails Sales Support
HBL Asset Management
7th Floor, Emerald Tower, G-19, Block 5,
Main Clifton Road, Clifton, Karachi
www.hblasset.com | call 111-425-262
Karachi: May 26, 2017

Click here for notice.

We are pleased to inform that the Chief Executive Officer of the HBL Asset Management Limited, under the authority of the Board of Directors of the Company, has approved following interim distribution for the year ending June 30, 2017;

The above entitlements will be distributed to the unit holders, whose names appeared in the register of unit holders at the close of business on June 29, 2017.

Announcement

We are pleased to inform that the Chief Executive Officer of the HBL Asset Management Limited, under the authority of the Board of Directors of the Company, has approved following interim distribution for the year ending June 30, 2017;

The above entitlements will be distributed to the unit holders, whose names appeared in the register of unit holders at the close of business on June 21, 2017.

We are pleased to inform that the Chief Executive Officer of the HBL Asset Management Limited, under the authority of the Board of Directors of the Company, has approved following interim distribution for the year ending June 30, 2017;  

The above entitlements will be distributed to the unit holders, whose names appeared in the register of unit holders at the close of business on June 19, 2017.

NOTICE OF POSTPONEMENT OF GENERAL MEETING OF CERTIFICATE HOLDERS

 HBL ASSET MANAGEMENT LIMITED

PICIC GROWTH FUND

NOTICE OF POSTPONEMENT OF

GENERAL MEETING OF CERTIFICATE HOLDERS

This is in reference to the Notice of General Meeting of the Certificate Holders of PICIC Growth Fund ("PGF") that was intended to be held on March 27, 2017, as published in Business Recorder on March 3, 2017.

 Certificate Holders of PGF are hereby notified that the Securities and Exchange Commission of Pakistan has advised the Management Company to postpone the General Meeting for the time being and revise the conversion plan. Therefore the General Meeting scheduled for March 27, 2017 has been postponed.  Once the new date and plan is finalized, fresh Notices will be issued to the Certificate Holders of PGF and published in the newspapers accordingly.   

 Noman Qurban                                                                      

Company Secretary 

Karachi: March 22, 2017 

NOTICE OF POSTPONEMENT OF GENERAL MEETING OF CERTIFICATE HOLDERS

HBL ASSET MANAGEMENT LIMITED 

PICIC INVESTMENT FUND

 NOTICE OF POSTPONEMENT OF

GENERAL MEETING OF CERTIFICATE HOLDERS

This is in reference to the Notice of General Meeting of the Certificate Holders of PICIC Investment Fund ("PIF") that was intended to be held on March 27, 2017, as published in Business Recorder on March 3, 2017.

 Certificate Holders of PIF are hereby notified that the Securities and Exchange Commission of Pakistan has advised the Management Company to postpone the General Meeting for the time being and revise the conversion plan. Therefore the General Meeting scheduled for March 27, 2017 has been postponed. Once the new date and plan is finalized, fresh Notices will be issued to the Certificate Holders of PIF and published in newspapers accordingly.   

 Noman Qurban                                                                      

Company Secretary

 Karachi: March 22, 2017

CHANGE OF SHARES REGISTRAR ADDRESS

NOTICE:

CHANGE OF SHARES REGISTRAR ADDRESS

This is to inform through this notice to all valued Certificate-holders of PICIC Growth Fund and PICIC Investment Fund that w.e.f. 23/01/2017, the address of Registrar of aforesaid Funds will be relocated as under;

THK Associates (Pvt.) Limited
1st Floor, 40-C, Block-6
P.E.C.H.S
Karachi – 75400
UAN : (021) 111-000-322
Phone # : (021)-34168270
Fax # : (021) 34168271


                                                                                                                                                NOMAN QURBAN
                                                                                                                                                Company Secretary

Date : 22/01/2017

Change of Registrar / Transfer Agent

This is to inform through this notice to all valued Unit-holders of PICIC Energy Fund, PICIC Cash Fund, PICIC Income Fund, PICIC Stock Fund, PICIC Islamic Income Fund and PICIC Islamic Stock Fund that effective from January 26, 2017, we will perform in-house Registrar/Transfer Agent services. Unit-holders are requested to contact for all matters pertaining to the Registrar Services of aforesaid Funds at following address;

Address : HBL Asset Management Limited, 24-C, Khayaban-e-Hafiz, Phase VI, DHA Karachi, Pakistan.
UAN : (021) 111-425-262
Fax : (021) 35240630
Email : info@hblasset.com
Website : www.hblasset.com

NOMAN QURBAN
Company Secretary
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Reversal of WWF and provisioning of SWWF

Mutual Fund Association of Pakistan (MUFAP), in its extra ordinary general meeting held on January 11, 2017 at 4:30 pm, has decided the following: 1) Reverse the full provision against Federal Worker’s Welfare Fund (WWF) held in the Collective Investment Schemes; and 2) Create provision for Sindh WWF and start provisioning on a daily basis going forward. The decision has been implemented on January 12, 2017. MUFAP has communicated the decision to Securities and Exchange Commission of Pakistan. The adoption of the decision of MUFAP shall have impact on the Net Assets Values of Funds under the Management of HBL Asset Management Limited.

Noman Qurban
Company Secretary

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