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Welcome to Asian Stocks Fund Limited
Asian Stocks Fund Limited is a public limited company
incorporated in June 1994 under the Companies Ordinance, 1984 and has been
registered with the Securities and Exchange Commission of Pakistan (SECP) as an Investment Company
under the Investment Companies and Investment Advisers Rules, 1971 to carry
on the business of a closed end investment company. The company is also
registered under rule 38 of the Non-Banking Finance Companies (Establishment
and Regulation) Rules, 2003 (NBFC Rules). The company commenced its business
in July 1994 and is listed on Karachi, Lahore and Islamabad
Stock Exchanges.
Investment
Objective
The investment objective of the Fund is to provide its shareholders a vehicle
for long-term capital appreciation. The Funds seeks to achieve this objective
through investment primarily in high quality equity issues and by
diversifying across sectors poised to gain the most from the prevalent
macro-economic trends. At the same time the Company promotes measures to
stabilize revenues by investing an allowable portion of its assets in other
non – equity securities including listed Fixed Income Securities and
hybrid equity issues. The relevant asset allocation percentage is determined
after considering market conditions and corroborating the basis for
investment decisions through third parties and external research sources.
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