March 16, 2008	Sunday	Rabi-ul-Awwal 7, 1429

KARACHI, March 15: MCB Asset Management Company has launched MCB Dynamic Allocation Fund.

According to a press release issued here on Saturday by the company, MCB DAF is an open-end asset allocation fund, which allows 0-100 per cent exposures into debt or equity as per market condition and discretion of the company.

The objective of the fund is to provide a high absolute return by investing in equity and debt markets.