All of the debt and equity funds carrying the nomenclature of Adamjee Life performed well during the just-concluded month of March.
According to a company statement, as of March 28 the Investment Secure Fund (S&A), Investment Multiplier Fund, Investment Secure Fund (IFL), Investment Diversifier Fund and Amanat Islamic Fund of the Adamjee had shown a positive trend.
The bids and offers for per unit of the above funds, the statement said, stood respectively at 119.6718 and 125.9703, 130.4674 and 137.3341, 119.6199 and 123.3195, 108.6124 and 111.9715 and 101.1145 and 106.4363.
“Considering the growing demand for Shariah-compliant investment options in Pakistan Adamjee Life has launched Amanat Islamic Fund,” said the company.
It said Adamjee Life “Amanat” fund was an Islamic open-end asset allocation/investment fund seeking to achieve its objective of stable yet aggressive returns through investing in a diverse portfolio of Shariah-compliant investments.
