NITL to launch two new funds

MG News | August 26, 2021 at 02:51 PM GMT+05:00

0:00

August 26, 2021: Pakistan’s First Asset Management Company, National Investment Trust Limited (NITL) is in the process of launching two new funds, NIT – Social Impact Fund (NIT-SIF) and NIT- Islamic Money Market Fund (NIT-IMMF).

To introduce the new funds and discussing NIT’s performance, MD NITL - Mr. Adnan Afridi met the MD of Fauji Foundation Mr. Waqar Ahmed Malik in Islamabad.

MD Fauji Foundation commended the performance of NITL under the management of Adnan Afridi. He also applauded the effort of MD NITL for launching Pakistan’s First Social Impact Fund which will be dedicated to financing strategic and financially sustainable social initiatives such as women empowerment, agriculture value chains, Low-cost renewable energy, etc.

The addition of NIT-SIF and NIT-IMMF is an attempt to expand NIT’s suite of products, with a dedication to cater to the needs of its existing and potential customers.

Press Release

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,317.09 353.87M	0.73% 1139.27
ALLSHR	96,416.22 1,319.65M	0.82% 785.83
KSE30	47,983.60 160.90M	0.64% 305.13
KMI30	231,692.62 209.36M	0.88% 2010.39
KMIALLSHR	64,839.60 662.43M	0.73% 472.83
BKTi	42,296.76 71.00M	0.89% 373.96
OGTi	31,643.00 11.45M	-0.29% -92.79

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,560.00	118,295.00 116,115.00	1735.00 1.50%
BRENT CRUDE	67.89	68.01 67.50	-0.06 -0.09%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.50	94.50 94.50	0.95 1.02%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.64	63.82 63.24	-0.41 -0.64%
SUGAR #11 WORLD	16.20	16.27 16.18	-0.07 -0.43%