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AKD Investment

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AKD Investment LTDAKD Investment LTD
Type
Public
IndustryFinancial services
Founded 📆2005
Founder 👔
Headquarters 🏙️Karachi, Pakistan
Area served 🗺️
Pakistan
ServicesWealth Management, Mutual Funds, Investment Plans
Members
Number of employees
WebsiteOfficial website
address
telephone

AKD Investment Management Limited (est. in 2004) is a leading investment company in Pakistan.

History[edit]

AKD Investment Management Limited company was established in 2004[1][when?] in Pakistan. It was the first asset management company in the country to launch index fund.[2][when?][citation needed]

Recognition[edit]

  • AKD Opportunity Fund included into the list of world's top 100 best performing equity funds in 2012 by Reuters.[3]
  • AKD Investment was named best investment management company in Pakistan by World Finance Awards in 2013.[4]
  • AKD Opportunity Fund was ranked as the best-performing equity fund in Pakistan in 2015.[5]

AKD Islamic Stock Fund[edit]

AKD Islamic Stock Fund[6] was launched by AKD Investment in 2017 to provide the investors with Shariah-compliant investment options. The Fund invests in the Capital Markets using strategies in Shariah-compliant equities to provide the investors with a handsome capital growth and dividends.

AKD Cash Fund[edit]

AKD Cash Fund[7] is an open-ended mutual fund scheme which invests in short-term securities with high liquidity. On June 30, 2018, The Pakistan Credit Rating Agency Limited gave a rating of AA+(f) (Double-A plus funds stability rating) to AKD Cash Fund[8] which is being managed by AKD Investment Management Limited. [9]

See also[edit]

References[edit]

  1. "About AKD Investment Management Limited".
  2. "First Asset management Company".
  3. Nishant, Kumar (January 18, 2013). "Asian Equity Funds Among World's". Retrieved December 1, 2018.
  4. "Investment Management Awards 2013". World Finance Awards. July 5, 2013. Retrieved December 1, 2018.
  5. Kazim Alam (January 7, 2016). "Mutual fund performance: AKD Opportunity Fund ranked best in 2015". The Express Tribune. Retrieved December 1, 2018.
  6. "AKD Islamic Stock Fund(PDF)" (PDF).
  7. Team Mawazna. "Mutual Funds Offered by AKD Investment Managment".
  8. Shahzaib Khalid. "PACRA Maintain Stability Rating of AKD Cash Fund".
  9. Market Screener. "Board of Directors Meeting of AKD Cash Fund".


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