Karachi, Oct 29: JS Investments has provided average annualised return of 28.36 per cent to investors in Unit Trust of Pakistan since its inception ten years ago, says a press release.
As the oldest private sector open-end mutual fund, UTP has provided a maximum return of 55.5 per cent per annum; minimum return of 9.5 per cent per annum and an average annualised return of 28.36 per cent.
To celebrate the completion of a decade of operation, the Fund announced free return tickets to Dubai for UTP’s three oldest investors and their spouses who invested a decade ago and remain invested to this day.
Najam Ali, CEO of JS Investments Limited said that founded in 1995, JS Investments Ltd. (formerly JS ABAMCO Ltd.) is the oldest and the largest private sector asset management company in Pakistan with approximately Rs34 billion assets under management, spread across various mutual funds, pension funds and separately managed accounts.
