In the second quarter of 2011 (Apr-Jun), CDC’s Trustee & Custodial Services signed 7 Trust Deeds with Mutual Funds managed by Pakistan’s leading Asset Management Companies. Following are the details of the signings:
1. KASB Capital Protected Black Gold Fund: KASB Funds signed a Trust Deed with CDC on April 22, 2011.
2. UBL Government Securities Fund: UBL Fund Managers Limited signed a Trust Deed with CDC on May 19, 2011.
3, 4, 5. Lakson Asset Allocation Developed Markets Fund, Emerging Markets Fund and Commodities Fund: Lakson Investments signed three trust deeds with CDC on May 27, 2011.
6. PICIC Stock Fund: PICIC Asset Management Company Limited signed a Trust Deed with CDC on June 14, 2011. (PICIC Pic)
7. IGI Capital Protected Fund: IGI Funds Limited signed a Trust Deed with CDC on June 17, 2011.