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LAHORE, Feb 26: Pakistan Credit Rating Agency has maintained the mutual fund rating of “AA(f)” (double A) for Unit Trust of Pakistan says an announcement here on Tuesday.
The Pacra announcement said the rating denoted the ability of the fund to consistently outperform its peers with strong capacity to respond to future opportunities or stress situations.
While maintaining the rating, Pacra has taken cognizance of the fund management policies, particularly the proven ability of the management to capitalize on the emerging opportunities in the market.
