Annoucements
Launch of AL Habib Fixed Return Fund – Plan 15
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 15 with 13.50% annualized return. Subscription till October 22, 2024. For more details, please review constitutive documents available on our website.
Launch of AL Habib Fixed Return Fund – Plan 14
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 14 with 15.00% annualized return. Subscription till October 22, 2024. For more details, please review constitutive documents available on our website.
AL Habib Asset Management Limited has achieved remarkable recognition at the CFA Society Pakistan’s 21st Annual Excellence Awards Ceremony, securing awards in three categories.
“We’re delighted to win awards in 3 categories at the 21st Annual Excellence Award by the CFA Society Pakistan. - Best Emerging Asset Management Company - FY 2024 (Runner UP) - Best Conventional Equity Fund Manager - FY 2024 - Best Islamic Equity Fund Manager - FY 2024 “This achievement is a reflection of our unwavering commitment of providing excellent service. We thank our loyal customers, Sponsors, talented team, and the CFA Society Pakistan for this recognition,” the company said in a statement. The CFA Society, a prestigious member of the global CFA Institute network, plays a crucial role in advancing the finance profession in Pakistan. It upholds high standards through professional development, ethical advocacy, career resources, and community engagement to promote financial literacy.
Launch of AL Habib Fixed Return Fund – Plan 16
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 16 with 16.75% annualized return. Subscription till September 5, 2024. For more details, please review constitutive documents available on our website.
Launch of AL Habib Fixed Return Fund – Plan 12
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 12 with 19.35% annualized return. Subscription till July 25, 2024. For more details, please review constitutive documents available on our website.
Announcement of Interim Distribution of Plans – For the Year Ended – 2023-2024
July 01, 2024 The General Manager Pakistan Stock Exchange Limited Stock Exchange Building, Stock Exchange Road, Karachi. Dear Sir, SUB: INTERIM DISTRIBUTION FOR AL HABIB FUNDS We are pleased to inform you that the Chief Executive Officer, under the authority of the Board of Directors of AL Habib Asset Management Limited, has approved interim distribution of following funds, for the year ending June 30, 2024. AL HABIB FIXED RETURN FUND - PLAN 6 Cash dividend of Rs. 21.6575/- per Unit AL HABIB FIXED RETURN FUND - PLAN 8 Cash dividend of Rs. 20.8365/- per Unit AL HABIB FIXED RETURN FUND - PLAN 9 Cash dividend of Rs. 10.8097/- per Unit AL HABIB FIXED RETURN FUND - PLAN 10 Cash dividend of Rs. 9.6259/- per Unit AL HABIB FIXED RETURN FUND - PLAN 11 Cash dividend of Rs. 5.9741/- per Unit AL HABIB FIXED RETURN FUND - PLAN 13 Cash dividend of Rs. 4.8551/- per Unit AL HABIB ISLAMIC MUNAFA FUND - PLAN 3 Cash dividend of Rs. 4.9610/- per Unit AL HABIB ISLAMIC MUNAFA FUND - PLAN 4 Cash dividend of Rs. 1.5670/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on June 28, 2024. Yours truly, AL Habib Asset Management Limited
Announcement of Interim Dividend Distribution - Year Ending June 30, 2024
We are pleased to inform you that the Chief Executive Officer, under the authority of the Board of Directors of AL Habib Asset Management Limited, has approved interim distribution of following funds, for the year ending June 30, 2024. AL HABIB CASH FUND Cash dividend of Rs. 2.3495/- per Unit AL HABIB INCOME FUND Cash dividend of Rs. 10.7028/- per Unit AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 2.3196/- per Unit AL HABIB ASSET ALLOCATION FUND Cash dividend of Rs. 68.5108/- per Unit AL HABIB STOCK FUND Cash dividend of Rs. 55.3290/- per Unit AL HABIB ISLAMIC INCOME FUND Cash dividend of Rs. 10.2248/- per Unit AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 2.6456/- per Unit AL HABIB ISLAMIC STOCK FUND Cash dividend of Rs. 47.5663/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on June 21, 2024 Yours truly, AL Habib Asset Management Limited
Launch of AL Habib Islamic Munafa Fund – Plan 4
We are pleased to announce the Launch of AL Habib Islamic Munafa Fund - Plan 4 with 19.20% annualized return. Subscription Period May 30, 2024 to June 05, 2024. For more details, please review term sheet in constitutive document section of the fund.
Announcement of Interim Distribution – AHCF – AHGSF - 10 May, 2024
We are pleased to inform you that the Chief Executive Officer, under the authority of the Board of Directors of AL Habib Asset Management Limited, has approved interim distribution of following funds, for the year ending June 30, 2024. AL HABIB CASH FUND Cash dividend of Rs. 1.1455/- per Unit AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 1.1059/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on May 10, 2024.
Announcement of Interim Distribution – AHISAVF – May 03, 2024
We are pleased to inform you that the Chief Executive Officer, under the authority of the Board of Directors of AL Habib Asset Management Limited, has approved interim distribution of following fund, for the year ending June 30, 2024. AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.7411/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on May 03, 2024.
Announcement of Interim Distribution – AHCF – AHGSF - AHISAVF April 19, 2024.
We are pleased to inform you that the Chief Executive Officer, under the authority of the Board of Directors of AL Habib Asset Management Limited, has approved interim distribution of following funds, for the year ending June 30, 2024. AL HABIB CASH FUND Cash dividend of Rs. 1.8646/- per Unit AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 1.8523/- per Unit AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 1.0392/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on April 19, 2024. Yours truly,
Revised Cut-off Timing
Equity Funds: Monday to Thursday: 2:30 PM Friday : 3:30 PM Income Funds: Monday to Thursday: 04:00 PM Friday: : 04:30 PM For Same day Redemption: Monday to Friday: 09:30 AM Please note that any conversions to or from equity funds will adhere to the equity fund cut-off timings.
Announcement of Interim Distribution – AHISAVF – March 29, 2024
We are pleased to inform you that the Chief Executive Officer, under the authority of the Board of Directors of AL Habib Asset Management Limited, has approved interim distribution of following funds, for the year ending June 30, 2024. AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 1.4220/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on March 29, 2024.
Announcement of Interim Distribution – AHCF - AHGSF – March 15, 2024
AL HABIB CASH FUND Cash dividend of Rs. 2.2736/- per Unit. AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 1.8927/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on March 15, 2024.
Ramadan Cut-Off Timings
TRANSACTIONS CUT-OFF TIMINGS (Monday to Thursday - 1:00 PM) (Friday - 12:00 PM) SAME DAY REDEMPTION (Monday to Thursday - 9:30 AM) (Friday - 9:00 AM)
Announcement of Interim Distribution – AHISAVF – March 01, 2024
We are pleased to inform you that the Chief Executive Officer, under the authority of the Board of Directors of AL Habib Asset Management Limited, has approved interim distribution of following funds, for the year ending June 30, 2024. AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.3835/- per Unit
Announcement of Interim Distribution – AHISAVF – February 23, 2024
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.1691/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on February 23, 2024.
Announcement of Interim Distribution – AHISAVF – February 16, 2024
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.7215/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on February 16, 2024
Announcement of Interim Distribution – AHGSF - February 09, 2024
AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 1.8735/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on February 09, 2024
Announcement of Interim Distribution – AHCF – AHISAVF - February 02, 2024
AL HABIB CASH FUND Cash dividend of Rs. 1.5553/- per Unit AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.2432/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on February 02, 2024.
Announcement of Interim Distribution – AHISAVF – AHCF – AHGSF - January 05, 2024
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.3822/- per Unit AL HABIB CASH FUND Cash dividend of Rs. 1.6046/- per Unit AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 1.6552/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on January 05, 2024.
Launch of AL Habib Fixed Return Fund – Plan 10
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 10 with 19.75% to 20.00% annualized return. Subscription till January 09, 2024. For more details, please review constitutive documents available on our website.
Announcement of Interim Distribution – AHISAVF – 29 December 2023
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 0.3503/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on December 29, 2023.
Announcement of Interim Distribution – AHISAVF - December 22, 2023
AL HABIB ISLAMIC SAVINGS FUND - Cash dividend of Rs. 0.3699/- per Unit . The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on December 22, 2023.
Announcement of Interim Distribution – AHIF – AHIIF – AHISAVF
AL HABIB INCOME FUND Cash dividend of Rs. 10.6149/- per Unit AL HABIB ISLAMIC INCOME FUND Cash dividend of Rs. 10.3219/- per Unit AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.4099/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on December 15, 2023.
Announcement of Interim Distribution – AHISAVF – AHCF – AHGSF
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Re. 0.4386/- per Unit AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 1.8720/- per Unit AL HABIB CASH FUND Cash dividend of Rs. 1.9455/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on December 08, 2023.
Changes in Offering Document (OD) of AL Habib Cash Fund, AL Habib Money Market Fund and AL Habib Islamic Cash Fund.
Dear Unit Holders, In order to enhance and promote the capital markets the Securities and Exchange Commission of Pakistan (SECP) through its Directive No. 17 of 2023, has granted approval for Money Market Funds to invest in Government Debt Securities with a maturity exceeding six months and up to one year. This permission extends for a twelve-month period from the issuance date of the directive, which is December 6, 2023. Consequently, unit holders are hereby informed that the Offering Document (OD) of AL Habib Cash Fund, AL Habib Money Market Fund and AL Habib Islamic Cash Fund has been changed. Regards, AL Habib Asset Management Limited.
AL Habib Government Securities Fund Risk Profile has been Improved.
Dear valued unit holders, We would like to notify you that the risk profile of AL Habib Government Securities Fund has been improved from Medium Risk to Moderate Risk in line with SECP’s Circular No. 6 of 2022 dated June 09, 2022. Resultantly, risk of principal erosion has also been reduced from Medium Risk to Moderate Risk.
Announcement of Interim Distribution – AHISAVF - December 01, 2023
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 0.3867/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on December 01, 2023.
Announcement of Interim Distribution – AHISAVF - November 24, 2023
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 0.4996/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on November 24, 2023.
Announcement of Interim Distribution – AHISAVF - November 17, 2023
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 0.5098/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on November 17, 2023.
Announcement of Interim Distribution – AHISAVF - November 10, 2023
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 0.6686/- per Unit. The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on November 10, 2023.
Announcement of Interim Distribution – AHCF – AHGSF - November 03, 2023
AL HABIB CASH FUND Cash dividend of Rs. 1.6040/- per Unit AL HABIB GOVERNMENT SECURITIES FUND Cash dividend of Rs. 1.7087/- per Unit The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on November 03, 2023.
Announcement of Interim Distribution – AHISAVF – October 31, 2023
AL HABIB ISLAMIC SAVINGS FUND Cash dividend of Rs. 1.4174/- per Unit The entitlement will be paid to the unit holders whose name appeared in the register of unit holders on October 31, 2023.
Launch of AL Habib Fixed Return Fund – Plan 8
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 8 with 17.85% annualized return. Subscription till 24 August 2023. For more details, please review constitutive documents available on our website.
AL Habib Government Securities Fund (AHGSF)
We are pleased to announce the Launch of AL Habib Government Securities Fund. For more details, please review constitutive documents available on our website.
Launch of AL Habib Fixed Return Fund – Plan 7
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 7 with 21.00% annualized return. Subscription from July 13, 2023 to July 19, 2023. For more details, please review constitutive documents available on our website.
Launch of AL Habib Fixed Return Fund – Plan 4, 5 & 6
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 4, 5 & 6 with 20.55% annualized return. Subscription from June 15, 2023 to June 22, 2023. For more details, please review constitutive documents available on our website.
Launch of AL Habib Islamic Munafa Fund – Plan 2
We are pleased to announce the launch of AL Habib Islamic Munafa Fund – Plan 2. For more details please review constitutive documents available on our website
Launch of AL Habib Fixed Return Fund – Plan 3
We are pleased to announce the Launch of AL Habib Fixed Return Fund – Plan 3 with 20.50% annualized return. Subscription from May 2, 2023 to May 11, 2023. For more details, please review constitutive documents available on our website
Reopening of AL Habib Fixed Return Fund–Plan 2
We are pleased to announce the Reopening of AL Habib Fixed Return Fund – Plan II with 20.25% annualized return. Subscription from April 19, 2023 to April 27, 2023. For more details, please review constitutive documents available on our website or call us 021-111-342-242.
Reopening of AL Habib Fixed Return Fund–Plan 2
We are pleased to announce the reopening of AL Habib Fixed Return Fund – Plan II. Subscription from April 19, 2023 to April 27, 2023.
Launch of AL Habib Fixed Return Fund – Plan 1
We are pleased to announce the launch of AL Habib Fixed Return Fund – Plan I with 19.4% annualized return. Subscription from March 15, 2023 to March 21, 2023. For more details click for TERM SHEET and please review constitutive documents available on our website.
Launch of AL Habib Islamic Munafa Fund – Plan 1
We are pleased to announce the launch of AL Habib Islamic Munafa Fund – Plan I. For more details please review constitutive documents available on our website
Launch of AL Habib Fixed Return Fund – Plan 2.
We are pleased to announce the launch of AL Habib Fixed Return Fund – Plan II. For more details please review constitutive documents avaliable on our website.