HBL Asset Management Releases Mutual Fund NAVs

Strategic Insights -

HBL Asset Management Limited has announced the latest Net Asset Values (NAVs) for its mutual fund schemes as of June 7 and 8, 2021. The announcement includes the NAVs for conventional mutual funds, Shariah Compliant mutual funds, and fund of funds. The NAVs are as follows:

Key Takeaways:

  • HBL Money Market Fund's NAV was 110.1084 as of June 8, 2021, with a redemption NAV of 108.8781.
  • HBL Cash Fund's NAV was 102.3230 as of June 8, 2021, with a redemption NAV of 101.1797.
  • HBL Islamic Money Market Fund's NAV was 102.3177 as of June 8, 2021, with a redemption NAV of 101.1744.
  • HBL Islamic Pension Fund Equity Sub Fund had a NAV of 497.2242 as of June 7, 2021, with a redemption NAV of 480.9210.
  • HBL IFPF Active Plan's NAV was 120.5132 as of June 7, 2021, with a redemption NAV of 117.8498.

Statistics:

  • Total number of mutual fund schemes announced by HBL Asset Management Limited: 23
  • Total number of Shariah Compliant mutual fund schemes: 7
  • Total number of conventional mutual fund schemes: 16
  • Total number of fund of funds: 5
  • Highest NAV among conventional mutual funds: HBL Government Securities Fund (120.2253)
  • Lowest NAV among Shariah Compliant mutual funds: HBL Islamic Dedicated Equity Fund (94.4154)
  • Highest NAV among fund of funds: HBL FPF Special Income Plan (N/A)

Sources:

  • HBL Asset Management Limited press release (Date: June 08, 2021 - no date provided in the source)
  • HBL Asset Management Limited website: http://www.hblasset.com