Asian Stocks Fund Limited

Asian Stocks Fund Limited is a public limited company incorporated in June 1994 under the Companies Ordinance, 1984 and has been registered with the Securities and Exchange Commission of Pakistan (SECP) as an Investment Company under the Investment Companies and Investment Advisers Rules, 1971 to carry on the business of a closed end investment company. The Company is also registered under rule 38 of the Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 (NBFC Rules). The company commenced its business in July 1994 and is listed on Karachi, Lahore and Islamabad Stock Exchanges. Safeway Fund Limited in duly licensed under the NBFC Rules to act as Asset Manager.

Investment Objective
The investment objective of the Fund is to provide its shareholders a vehicle for long-term capital appreciation. The Funds seeks to achieve this objective through investment primarily in high quality equity issues and by diversifying across sectors poised to gain the most from the prevalent macro-economic trends. At the same time the Company promotes measures to stabilize revenues by investing an allowable portion of its assets in other non – equity securities including listed Fixed Income Securities and hybrid equity issues. The relevant asset allocation percentage is determined after considering market conditions and corroborating the basis for investment decisions through third parties and external research sources.

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