Mutual Funds Association of Pakistan (MUFAP) is the trade body for Pakistan's multi billion rupees asset management industry. The money our members manage is in a wide variety of investment vehicles including stocks, bonds, money market instruments, government securities and bank deposits. Our role is to ensure transparency, high ethical conduct and growth of the mutual fund industry.
ABLACPF 10.14 ABLCF 10.5 ABLFPF-Active 101.29 ABLFPF-Conservative 110.39 ABLFPF-SAP 100.24 ABLGSF-B 10.43 ABLIDSF 8.97 ABLIF 10.42 ABLIFPF-Active 106.98 ABLIFPF-Aggressive 109.49 ABLIFPF-Conservative 112 ABLIFPF-SAP 107.33 ABLIFPF-SAP-II 96.43 ABLIFPF-SAP-III 99.78 ABLIFPF-SAP-IV 102.93 ABLIIF 10.53 ABLIPPF-D 115.44 ABLIPPF-E 178.04 ABLIPPF-MM 112.71 ABLISF 15.43 ABLPPF-D 142.42 ABLPPF-E 171.24 ABLPPF-MM 117.62 ABLSF 15.08 AGHPAF 77.11 AGHPCF 514.89 AGHPIF 116.04 AGHPIIF 104.55 AGHPIMF 55.2 AGHPIPF-D 102.79 AGHPIPF-E 90.32 AGHPIPF-MM 103.43 AGHPIPPF-AAP 101.06 AGHPIPPF-AAP-II 96.02 AGHPIPPF-AAP-III 97.9 AGHPIPPF-BAP 105.84 AGHPISF 66.5 AGHPMMF 101.71 AGHPPF-D 104.81 AGHPPF-E 88.81 AGHPPF-MM 104.88 AGHPPPF-AAP 111.06 AGHPPPF-CAP 111.47 AGHPPPF-MAP 106.07 AGHPSF 142.45 AGHPVF 65.08 AGHSF 109.91 AKDCF 52.16 AKDGASSF 11.12 AKDIF 53.08 AKDIIF 50.38 AKDISF 51.86 AKDITF 15.75 AKDOF 92.22 ALFALAHGHPIDEF 90.37 ALFALAHGHPIVF 104.55 ASKARIAAF-B 45.17 ASKARIAAF-C 45.17 ASKARIEF 105.53 ASKARIHYS 105.62 ASKARIIAAF-B 101.81 ASKARIIAAF-C 101.81 ASKARIIIF-B 105.15 ASKARIIIF-C 105.15 ASKARISCF 104.47 ASKARISYE 105.59 ATLASIF 531.99 ATLASIIF 522.78 ATLASISF 562.83 ATLASMMF 524.46 ATLASPF-D 240.99 ATLASPF-E 523.74 ATLASPF-MM 231.03 ATLASPIF-D 200.11 ATLASPIF-E 648.94 ATLASPIF-MM 211.61 ATLASSLF 104.09 ATLASSMF 658.58 BMACRSF 8.59 BMAECF 10.5 DAWOODIF 86.82 DAWOODISF 125.94 FAYSALAAF 59.58 FAYSALFIAAF 86.63 FAYSALFSOF 105.05 FAYSALIGF 109.94 FAYSALISGF 106.13 FAYSALMMF 105.63 FAYSALMTSF 104.81 FAYSALSF 66.64 FAYSALSGF 105.59 FCMF 10.65 FCMF 10.65 FCMF-A 10.65 FDAWOODMF 23.49 FHABIBAAF 102.29 FHABIBCF 104.85 FHABIBIF 106.02 FHABIBIIF 102.66 FHABIBSF 95 FHISF 92.24 HBLCF-C 104.97 HBLCF-D 104.97 HBLEF 15.53 HBLEQF 116.5 HBLFPF-AAP 105.91 HBLFPF-CAP 104.22 HBLFPF-SAP 105.52 HBLGSF-C 109.37 HBLGSF-D 109.37 HBLIAAF 105.81 HBLIEF 97.94 HBLIF 110.11 HBLIFPF-AAP 103.3 HBLIFPF-CAP 101.91 HBLIFPF-SAP 104.28 HBLIIF 105.28 HBLIMMF 104.08 HBLIPF-D 140.92 HBLIPF-E 410.42 HBLIPF-MM 138.51 HBLISF 118.71 HBLMAF 108.1 HBLMMF 106.17 HBLPF-D 158.23 HBLPF-E 387.06 HBLPF-MM 146.09 HBLSF 113.56 JSCF 105.91 JSCPF-V 103.2 JSFOF 55.38 JSGF-A 195.25 JSIDEF 100.71 JSIF 100.14 JSIHFF-II-AAP-II 102.06 JSIHFF-JSIAAP I 102.62 JSIHFF-JSICPAP-I 100.68 JSIHFF-Mufeed 86.02 JSIHFF-Munafa 85.99 JSIHFF-Mustakhkem 98.27 JSIHFF-Mustanad 105.66 JSIHFF-Mutanasib 87.08 JSIIF 104.04 JSIPSF-D 199.35 JSIPSF-E 679.77 JSIPSF-MM 172.64 JSISF 112.29 JSLCF 146.98 JSPSF-D 236.36 JSPSF-E 514.57 JSPSF-MM 190.4 JSUTP 169.53 JSVF-A 227.47 LAKSONAADMF 129.14 LAKSONEF 123.55 LAKSONIF 104.95 LAKSONITF 97.44 LAKSONMMF 104.58 LAKSONTF 104.17 MCBAHAIAAF 96.84 MCBAHAIAAF-II 103.29 MCBAHAIAALF 73.35 MCBAHAIIF-A 105.02 MCBAHAISF 11.7 MCBAHDDF 100 MCBAHIIF-B 105.02 MCBAHMCBCMOF 104.97 MCBAHMCBDIF 110.36 MCBAHPCF 52.2 MCBAHPCM 11.76 MCBAHPFPF 101.02 MCBAHPIEF 55.31 MCBAHPIF 55.7 MCBAHPIPF-D 198.09 MCBAHPIPF-E 555.47 MCBAHPIPF-MM 178.64 MCBAHPPF-D 237.83 MCBAHPPF-E 555.33 MCBAHPPF-MM 217.74 MCBAHPSMF 102.16 MCBPAAF 83.48 MCBPSF 55.3 MEEZAMSAF-II(MCPP-IV) 50.29 MEEZANAAF 48.25 MEEZANBF 16.29 MEEZANCF 52.17 MEEZANDEF 53.12 MEEZANEF 52.13 MEEZANFPFF-A 75.41 MEEZANFPFF-M 70.11 MEEZANFPFF-MAAP-I 62.62 MEEZANFPFF-MAAP-IV 50.34 MEEZANGF 56.99 MEEZANIF 69.84 MEEZANIIF-B 53.05 MEEZANIIF-C 53.05 MEEZANKMIF 77.41 MEEZANMF 19.51 MEEZANMFPFF-C 66.37 MEEZANMSAF-MCPP-III 50.83 MEEZANMSAF-MSAP-I 47.26 MEEZANMSAF-MSAP-II 46.25 MEEZANMSAF-MSAP-III 45.14 MEEZANMSAF-MSAP-IV 45.86 MEEZANMSAF-MSAP-V 52.2 MEEZANSF 52.28 MEEZANTPF-D 218.84 MEEZANTPF-E 542.71 MEEZANTPF-G 102.25 MEEZANTPF-MM 216.76 NAFAAAF 16.55 NAFAAARFSF 10.34 NAFAFSECTF 10.56 NAFAFSIF 10.99 NAFAGSLF 10.6 NAFAGSSF 10.72 NAFAIAAEF 12.25 NAFAIAAF 16.33 NAFAIAAP-I 121.91 NAFAIAAP-II 113.86 NAFAIAAP-III 110.2 NAFAIAAP-IV 102.09 NAFAIAAP-V 93.65 NAFAIAAP-VI 90.94 NAFAIAAP-VII 97.62 NAFAIAAP-VIII 104.76 NAFAICPP-I 100.89 NAFAIEF 13.42 NAFAIF 10.19 NAFAIIF 9.89 NAFAIMMF 10.07 NAFAIOF 11.16 NAFAIPF-D 126.89 NAFAIPF-E 318.16 NAFAIPF-MM 127.75 NAFAIPPF-II 104.82 NAFAISF 12.28 NAFAMAF 18.88 NAFAMMF 10.3 NAFAPF-D 146.35 NAFAPF-E 328.95 NAFAPF-MM 132.91 NAFAPPF 105.06 NAFARFSF 10.61 NAFASF 15.74 NAFASPF 10.59 NIT-GBF 10.37 NIT-IF 10.73 NIT-NI(U)T 79.92 NITGTF 10.47 NITIEF 11.01 NITIIF 10.38 NITIPF-D 11.03 NITIPF-E 11.81 NITIPF-MM 10.94 NITPF-C 11.81 NITPF-D 11.3 NITPF-E 11.24 NITPF-MM 11.27 PCF 110.16 PICICGF 47.17 PICICIF 20.2 PIMLAAF 95.58 POAAAF 53.51 POAIIF 54.48 POGSF 11.01 POIAAF 56.01 PRIMUSDRF 83.71 PRIMUSIEF 116.47 PRIMUSIMMF 104.58 PRIMUSSMAF 107.34 PRIMUSVEF 117.12 UBLAAAIRSF-D 162.4 UBLAAAIRSF-E 687.29 UBLAAAIRSF-MM 157.01 UBLAAF 137.3 UBLAAIAAP-IX 105.24 UBLAAIAAP-V 107.91 UBLAAIAAP-VI 101.55 UBLAAIAAP-VII 95.83 UBLAAIAAP-VIII 95.88 UBLAAIAAP-X 107.66 UBLAAIAPPP-I 101.1 UBLAAICAP 100.36 UBLAAIDEF 126.23 UBLAIAAF 120.65 UBLAICF 104.23 UBLAIIF-G 102.65 UBLAIIF-I 102.65 UBLAISF 103.04 UBLAPPP-I 101.56 UBLASSF 146.01 UBLCAP 100.4 UBLCPF-III 101.23 UBLFSF 98.87 UBLGSF 109.54 UBLIOF 113.64 UBLLPF-C 105.23 UBLMMF 104.64 UBLRSF-C 118.69 UBLRSF-D 213.45 UBLRSF-E 711.75 UBLRSF-MM 174.09 UBLUGIF-G 88.22 UBLUGIF-I 88.22 UBLUSAF 74.19

Board Of Directors

Mr. Yasir Qadri - Chairman

Mr. Yasir Qadri is currently serving as the CEO of UBL Funds Managers Ltd. He has been associated with the asset management industry for the past 16 years, last serving as CEO of MCB- Arif Habib Savings &Investments Ltd, where he led the merger that brought together two leading asset managers established by two of the largest local business houses. Prior to MCB, he was at Arif Habib Investments for Six years. Mr. Yasir Qadri has been member of two founding teams in the industry and has experience in business development, investment management, product development, and human resource management.

Mr. Yasir Qadri has also been visiting faculty for graduate and undergraduate classes with leading educational institutions of Pakistan and served on pan-industry committees set up by regulators and industry players. He has earned an M.B.A. and a B.B.A. degree from the University of Central Oklahoma, USA.

Mr. Muhammad Saqib Saleem - Senior Vice Chairman

Mr. Muhammad Saqib Saleem is a Fellow member of the Institute of Chartered Accountants of Pakistan. He is currently the CEO of MCB-Arif Habib Savings & Investments Ltd and has over 13 years of working experience which includes 11 years of post-qualification experience with leading institutions such as JS Investments Limited (formerly JS ABAMCO Limited), Habib Bank Limited and Atlas Asset Management Limited. Before joining MCB-AH in 2007, Mr. Muhammad Saqib Saleem was heading the Internal Audit Department of Atlas Asset Management Limited which includes Risk Management and Compliance. He was performing as Chief Operating Officer & Company Secretary before being CEO. Mr. Muhammad Saqib Saleem is member on various technical committees of SECP's.

Mr. Adeel Ahmad Khan - Vice Chairman

Mr. Adeel Ahmad Khan is currently serving as CEO of Pak Oman Asset Management Company Ltd and has 15 years of experience with 10 years in asset management industry in the sphere of Business Strategy, Business Development, Investments, Product Development, Finance and Operations. He was previously working in the capacity of Chief Executive Officer with BMA Funds, where his responsibilities included rolling out and managing the asset management business. He was involved in the introduction of the first Capital Protected Fund in Pakistan and was an essential part of the team to launch and manage the first offshore country focused fund for Pakistan. He was previously associated with Shell Gas LPG (Pakistan) Limited and KPMG Taseer Hadi.

Mr. Adeel Ahmad Khan hold a Master's Degree in Economics from the University of Karachi. He also holds a certificate of CA Intermediate from the Institute of Chartered Accountants of Pakistan.

Mr. M. Habib-ur-Rahman - Director

Mr. M. Habib-ur-Rahman is currently serving as CEO of Atlas Asset Management Ltd. He is an FCA from the Institute of Chartered Accountants in England & Wales and has attended management level programme (PMD) from Harvard Business School. He played an instrumental role in setting up the first open-end mutual fund in the private sector in Pakistan and was the Chairman & Chief Executive of JS ABAMCO Limited (formally ABAMCO Ltd.) till January 2004.

He is the former Chairman of the Mutual Funds Association of Pakistan. He has been the Securities and Exchange Commission of Pakistan (Commission)'s nominee on the Board of the Karachi Stock Exchange in 2000, 2001, & 2003, and has also been a member of the Commission's Advisory Group on Capital Markets, and the Commission's Enquiry Committee on management of Exposure Rules by KSE/ LSE.

Mr. Imran Azim - Director

Mr. Imran Azim currently serving as CEO of Habib Asset Management Ltd. He is MBA in finance and has more than two decades of experience in Mutual Fund Industry. He served NIT from 1977 to 1998 where he worked in almost all the departments including Investment, Marketing, Business Development and Accounts. His biggest achievement at NIT was launching of two new products i.e. Nai Life and Roshan Kal for small investors. After leaving NIT he joined Khalid Majid Hussain Rahman, a Chartered Accountants firm and later on he joined Universal Insurance Company Limited. Prior to joining Habib Asset Management Limited he was Chief Executive of Haroon Oils Limited.

Mr. Razi-ur-Rehman Khan - Director

Mr. Razi-ur-Rehman Khan currently serving as CEO of Faysal Asset Management Ltd. He has extensive experience in banking, open and close-end mutual funds management, equity brokerage and private equity investment. A chartered accountant by background. Mr. Razi-ur-Rehman Khan has served in various important positions in a number of public and private sector organizations, including Securities and Exchange Commission of Pakistan (SECP) as Chairman; JP Morgan Chase as Country Manager for Pakistan; National Investment Trust (NIT) as Chairman and Managing Director; Hub Power Company (HUBCO) as Finance Director; ANZ Merchant Bank, London as Director International & Islamic Finance; ANZ Grindlays Pakistan as Chief Manager. As the Chairman of SECP. He was instrumental in development and implementation of Governance and transparency measures in capital market of the country and introduction of various capital market regulations in Pakistan. Mr. Razi-ur-Rehman Khan was responsible for conceiving, structuring and executing the first major Islamic Unit Trust in Pakistan. He has advised and arranged more than USD 1.5 BN worth of deals in Islamic Finance.

Mr. Mohammad Shoaib - Director

Mr. Mohammad Shoaib, CFA is the Chief Executive Officer of Al Meezan Investment Management Limited, the largest Shariah compliant asset management company in Pakistan. He has over 25 years of experience in managing investment portfolios.

He is an MBA from the Institute of Business Administration (IBA), Karachi of 1988 and has also taught in his alma mater, several courses ranging Security Analysis to Finance & Accounting. He got his CFA charter in 1999 and later founded the CFA Association of Pakistan in May 2002 with 40 members. He was the first President of the CFA Association of Pakistan (CFAAP) including the "Innovation Award" in 2006 and the "Strategic Planning Award" in 2008 from the CFA Institute.

From 2008 to 2012, Mr. Mohammad Shoaib served on the Presidents' Council Representative (PCR) for Asia Pacific Region which serves sixteen societies in the Asia Pacific region.

Recognizing his contribution to the mission of the CFA Institute, CFA Magazine listed him as the "MOST INFLUENTIAL" CFA Charter Holder in 2006.

Beside this he has also volunteered for many CFA Institute Committees. And apart of CFA institute he has also been involved in many other voluntary roles of SECP, Institute of Capital Markets in Pakistan, Pakistan Institute of Corporate Governance, Academic Board of institute of Business Administration and Central Bank Committee on Islamic Capital Market.

He has participated in various seminars, conferences and workshops across the globe during his 25-year career in managing investments. During the last 10 years of his career, he has focused exclusively on managing Shariah Compliant or Islamic portfolios. He has been a speaker / panelist at various conferences on the subject of Islamic Asset Management in Middle Eastern and Far Eastern countries. He has also been featured in CFA Magazine with reference to his contribution to Islamic asset management, corporate governance and other voluntary leadership roles. He has also served as Chairman, Mutual Funds Association of Pakistan (MUFAP).

Dr. Amjad Waheed, CFA - Director

Dr. Amjad Waheed is the CEO of NBP Fullerton Asset Management Ltd(NAFA) since its inception which is a subsidiary of National Bank of Pakistan, with Fullerton Asset Management Company of Singapore as the other joint venture partner. He holds a Doctorate in Business Administration with a major in Investments and Finance from Southern Illinois University, USA and is also a Chartered Financial Analyst (CFA).

Before joining NAFA Dr. Amjad Waheed was Head of Equity Mutual Funds & Portfolios at Riyadh Bank, Saudi Arabia, for about 5 years. Prior to that he was Head of Asset Management at NIT, and Chief Operating Officer of FC-ABN AMRO Equities for several years. Before moving back to Pakistan, Dr. Amjad Waheed was Assistant Professor of Finance at Tennessee State University, USA and has published several articles in top journals of the world such as Journal of Banking & Finance and Financial Management.

Dr. Amjad Waheed has served on the Board of various companies. He has also served as Chairman, Mutual Funds Association of Pakistan (MUFAP).

Mr. Khaldoon Bin Latif - Director

Mr. Khaldoon Bin Latif is currently working as the CEO of BMA Asset Management Company Ltd. He has over 12 years of rich and varied experience in Financial Services. Prior to joining BMA Funds, he was associated with JS Investments Limited and KASB Funds Limited as a Chief Investment Officer (CIO) and Chief Executive Officer (CEO). He has also worked with TAIB Bank BSC – Bahrain, as a managing director of their brokerage, asset management, custody and advisory operation. He has also been associated with the research and trading departments of AKD Securities Limited and PICIC Asset Management Company Limited. He has represented strategic and non-strategic shareholders as a director, in a number of different regulated entities.

Ms. Tara Uzra Dawood - Director

Ms. Tara Uzra Dawood is the CEO of 786 Investment Ltd (Formerly Dawood Capital Management Ltd). She holds a Doctorate in Judicial Science from Harvard Law School and Bachelor of Arts Honors from Cornell University and Oxford University. Having specialization in mergers and acquisitions, corporate law and responsible investments, she worked for law firms in New York, Toronto, Amsterdam, Brussels and California before launching 786 Investments in 2003. She is on the Board of Directors of MUFAP and has also been appointed to the Faculty at Danube University Krems (Austria) as recommended by IIFA and EBAMA. She speaks globally at numerous international mutual fund and banking conferences as an authority on shariah-compliant finance as well as finance for women.

Ms. Mashmooma Zehra Majeed, CFA, FRM - Chief Executive

Ms. Majeed completed her Chartered Financial Analyst (CFA) program in 2001 from the CFA Institute and the Financial Risk Manager (FRM) Program in 2010. She has a vast experience of 19 years in Investment and Capital Markets. She has been associated with the asset management industry in Pakistan for over 15 years with her forte being in investment management and product development. She has played an instrumental role in launching the first Islamic open-end mutual fund in Pakistan as well as the launch of the voluntary pension scheme in Pakistan under the Voluntary Pension System Rules. She has been actively involved with MUFAP throughout her career. She has previously worked in senior positions in Atlas Asset Management Ltd., JS Investments Ltd (formerly ABAMCO Ltd.) and Crosby Asset Management Pakistan Ltd. She started her career with M/s Hameed Majeed Associates (Pvt) Ltd.

INFORMATION

MUFAP gratefully acknowledges Center for International Private Enterprise (CIPE) Business Support grant amongst others for investors protection and access to information.

MUFAP is an affiliate of the South Asian Federation of Exchanges (SAFE).

MUFAP is a member of International Investment Fund Managers Association (IIFA) and the Asia Oceania Regional Meeting (AORM).

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