Fund Name | HBL Total Treasury Exchange Traded Fund (HBLTETF) |
Fund Category | Exchange Traded Fund |
Fund Manager | HBL Asset Management Limited |
Investment Objective | HBL Total Treasury Exchange Traded Fund aims to provide consistent returns to its investors through active investments in a blend of short and medium term Government Securities issued and / or guaranteed by Government of Pakistan. |
Benchmark | HBLTTI |
Fund Investment Policy | The Fund, in line with its Investment Objective, shall invest in Authorized Investments. The ETF shall invest in a particular basket of Government Securities to track the performance of component securities of the Benchmark Index which is constituted and managed by the Management Company. |
Management Fee | Up to 0.50% per annum of net assets |
Risk Level | Low to Moderate |
Trustee | Central Depository Company of Pakistan Ltd. |
Authorized Participant | HBL Bank Limited |
Market Maker | HBL Bank Limited |
Listing | Pakistan Stock Exchange Limited |
Auditor | Yousuf Adil Chartered Accountants |
Launch Date | September 12, 2022 |
Dividend Distribution Policy | The fund may distribute profits to Unit Holders as either bonus units (stock dividends) or cash dividends, ensuring that at least 90% of the accounting income (excluding unrealized capital gains and after expenses) is distributed. |