KARACHI, May 20: An open-end mutual fund “United Money Market Fund” is shortly to be launched by the United Assets Management Company Limited — a wholly owned subsidiary of United Executors Trust Limited, which is a subsidiary of United Bank Limited.
A press release issued by the Central Depository Company (CDC) on Monday stated that CDC had been assigned the responsibility to act as Trustee for the Fund and a trust deed had been signed on May 15, between CDC and United Asset Management Company Limited.
