Notice for Change in Offering Documents of Funds under management of HBL AMC
- August 7, 2024
HBL Asset Management Limited, after the approval of SECP, has revised the upper limits of Management Fee Rates chargeable to below listed Funds under its management. The changes in offering documents will be effective from September 5, 2024.
| No | Fund/Plan Name | New Supplement No. | Existing M. Fee% | Amended M. Fee% |
| 1 | HBL Income Fund | Eleventh | up to 1.50% p.a. | up to 2.30% p.a. |
| 2 | HBL Money Market Fund | Fourteenth | up to 1.50% p.a. | up to 2.00% p.a. |
| 3 | HBL Islamic Money Market Fund | Eighteenth | up to 1.50% p.a. | up to 2.00% p.a. |
| 4 | HBL Islamic Savings Fund Plan I | Second | up to 1.50% p.a. | up to 2.00% p.a. |
| 5 | HBL Government Securities Fund | Seventh | up to 1.50% p.a. | up to 2.30% p.a. |
| 6 | HBL Cash Fund | Tenth | up to 1.50% p.a. | up to 2.00% p.a. |
| 7 | HBL Islamic Income Fund | Sixth | up to 1.50% p.a. | up to 2.30% p.a. |
| 8 | HBL Financial Sector Income Fund Plan I | Third | up to 1.50% p.a. | up to 2.30% p.a. |
| 9 | HBL Financial Sector Income Fund Plan II | Third | up to 1.50% p.a. | up to 2.30% p.a. |
| 10 | HBL Stock Fund | Eighth | up to 3.00% p.a. | up to 4.00% p.a. |
| 11 | HBL Multi Asset Fund | Eighth | up to 3.00% p.a. | up to 4.00% p.a. |
| 12 | HBL Islamic Stock Fund | Seventh | up to 3.00% p.a. | up to 4.00% p.a. |
| 13 | HBL Islamic Asset Allocation Fund | Fourteenth | up to 3.00% p.a. | up to 4.00% p.a. |
| 14 | HBL Energy Fund | Sixth | up to 3.00% p.a. | up to 4.00% p.a. |
| 15 | HBL Equity Fund | Sixth | up to 3.00% p.a. | up to 4.00% p.a. |
| 16 | HBL Growth Fund | Fourth | up to 3.00% p.a. | up to 4.00% p.a. |
| 17 | HBL Investment Fund | Fourth | up to 3.00% p.a. | up to 4.00% p.a. |
| 18 | HBL Islamic Equity Fund | Sixth | up to 3.00% p.a. | up to 4.00% p.a. |
The updated Offering Document is available on our website at https://hblasset.com/downloadcategories/constitutive-documents/
For details, please contact:
Customer Services
HBL Asset Management
7th Floor, Emerald Tower, G-19, Block 5, Main Clifton Road, Clifton, Karachi
www.hblasset.com
Call us at: 0800 – 42526