Notice for Extension in Maturity of HBL-Islamic Financial Planning Fund – Strategic Allocation Plan (HBL-IFPF-SAP)
- May 13, 2019
Unit holders of the HBL-IFPF-SAP are hereby notified that the management of HBL Asset Management Limited has extended the maturity of Strategic Allocation Plan under HBL Islamic Financial Planning Fund (HBL-IFPF) by one year (12 months).
Unit Holders who wish to redeem their investment at the completion of two (2) years from the close of subscription period may exit without any Contingent Load. Unit Holders who wish to remain invested can redeem without paying any Contingent Load / Early Exit Fee before the maturity of the extended period.
The aforementioned amendment has been made via 4th Supplement Offering Document of HBL Islamic Financial Planning Fund (HBL-IFPF) with Trustee’s 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 Non-Banking Finance Companies and Notified Entities Regulations, 2008 and the constitutive documents of the Fund.
These changes would be effective from June 17th, 2019.
For details, please contact:
Retail Sales Support
HBL Asset Management Limited
7th Floor, Emerald Tower, G-19, Block 5, Main
Clifton Road, Clifton, Karachi
Call: (021) 111-425-262