In the first quarter (Jan-Mar) of 2010, CDC Trustee and Custodial Services signed three more trust deeds with Mutual Funds being managed by country’s leading Asset Management Companies. Following is a brief synopsis:
1. IGI Money Market Fund
IGI Funds signed a Trust Deed for the IGI Money Market Fund with Central Depository Company on March 04, 2010 at the CDC House.
Sitting (L – R ): Mr. Abdul Samad, Head of Trustee & Custodial Operations Unit II - CDC, Ms. Maheen Rahman, CEO - IGI Funds, Mr. Atiqur Rehman, Head of Trustee & Custodial Operations (Unit I) – CDC and Syed Muhammad Zeeshan, CFO - IGI Funds. Standing (L – R): Muhammad Khurram, Deputy Manager – Finance, Mr. Iqleem-uz-Zaman, AGM Trustee & Custodial Operations (Unit II) – CDC.
2. PICIC Income Fund PICIC Asset Management Company Limited signed a Trust Deed for PICIC Income Fund with CDC Trustee & Custodial Services on March 17, 2010.
3. HBL Money Market Fund HBL Asset Management Limited signed a Trust Deed for HBL Money Market Fund with CDC Trustee & Custodial Services on March 18, 2010.