Disclosure of Material Information of AKD Opportunity Fund
Karachi, AKD Opportunity Fund informed Pakistan Stock Exchange that Mutual Fund Association of Pakistan in its extraordinary general meeting held on January 11, 2017 has decided for the reversal of Federal WWF upto May 20, 2015 and provision of Sindh WWF from May 21, 2015 by the AMC and their collective investment schemes to be implemented on January 12, 2017. AKD Opportunity Fund (AKDOF) filters through the opportunity presented in the capital markets, searching for the optimal combination of investment strategies, mainly in equities, followed by fixed income and money market as contingent defensive strategy. AKD Investment Management Limited serves investors in Pakistan’s capital markets with diligence, integrity and professionalism, thereby delivering consistent superior returns and unparalleled customer service. AKD Investment Management Limited (AKDIML) is the investment management firm under umbrella of AKD Group. AKD Investment was established in September 2004. The firm focuses on investment management, managing mutual funds and discretionary management of institutional portfolios. The symbol “OEFAKDOF” is being used by the stock exchange for AKD Opportunity Fund.