Interim Distribution Announcement The Management of POAMCL is pleased to announce the interim distribution for the year ended June 30, 2020 of following Funds under management of POAMCL. Fund Name Askari High Yield Scheme (AHYS) Pak Oman Government Securities Fund (POGSF) Pak Oman Advantage Islamic Income Fund (POAIIF) The entitlement of distribution is on the […]
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Notice of Book Closure We are pleased to inform the dates of Book Closure for Funds managed by Pak Oman Asset Management Company Limited Unit holders, whose names appear in the register at close of the business of their respective Funds will be entitled to the interim distribution, if any, for the year ending June […]
Notice for Reduction in Management Fee of Pak Oman Advantage Islamic Income Fund (POAIIF) Pak Oman Asset Management Company Limited is pleased to inform the unit holders of Pak Oman Advantage Islamic Income Fund (POAIIF) managed by POAMCL (the management company) that the management fee has been reduced from 1.50% to 0.35%. Please note that […]
Dear Investors, Cut-off timings for investments, redemptions, conversions and other transactions in Funds during the Holy month of Ramadan, 2020 (1441 Hijri) will be as follows: Fund Name Business Day Cut-off Timings Askari Cash Fund Monday – Thursday 10:00 AM* Friday 9:30 AM* Askari Asset Allocation Fund Askari High Yield Scheme Askari Sovereign Yield Enhancer […]
Dear Investors, The Government has enforced complete lockdown in the provinces of Sindh and Punjab. In order to comply with the instructions Pak Oman Asset Management Co. Ltd. has moved to a work-from-home strategy to ensure continuity of operations and services to our clients. We are taking all necessary precautions to help controlling outbreak of […]
We at Pak Oman Asset Management Limited, strive towards providing quality services to all our investors. We thank our investors for their trust and patience during the process of revocation of Askari Equity Fund, Askari Islamic Asset Allocation Fund & Askari Islamic Income Fund. Updated status of the funds are as below: Fund Name Revoked […]
Notice for change in management fee Askari Cash Fund View Details
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Announcement3 for the year ended June 30, 2018
Latest FY18 results of PIOC overshot street expectations mainly driven by improvement in operations, better retention and one-offs. The company.
