June 16, 2017


ABL Asset Management Company Limited.

Since separate rates for deduction of Withholding Tax on dividends have now been prescribed for filers and non-filers, Asset Management Companies are required to determine the individual shares in jointly held Units and each joint holder is required to be treated individually as filer or non-filer. Withholding Tax on dividend payments is now required to be deducted on the basis of the actual shares of the individual joint holders in Units of Open End Schemes ("Funds"). In case determination is not possible, then each joint account holder will be assumed to hold equal proportion of Units and deduction of Withholding Tax on dividend payments will be made accordingly i.e. 10% in respect of a joint holder whose name appears as a filer in Active Tax Payers List and 15% in respect of a joint holder who is a non-filer.

The joint account holders who are recorded as first holders of Units are requested to communicate the respective shares of joint holders in the beneficial interest/ownership of jointly held Units of the Funds managed by ABL Asset Management Company Limited, latest by June 21, 2017, failing which, all joint holders of Units in the Funds will be deemed to hold equal proportion of ownership in the Units and Withholding Tax will be deducted accordingly, i.e. @10% in case a joint holder is a filer and @15% in case a joint holder is a non-filer.

Separate letters have already been issued to the first named joint holders of Units with copies endorsed to other joint holders.

For ABL Asset Management Company Limited

Saqib Matin

CFO & Company Secretary

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Mutual Funds NAVs


Applicable for: December 12,2017
Fund Offer Redemption
ABL-IF 10.3969 10.2433
ABL-SF 13.5947 13.3281
ABL-IIF 10.5139 10.3585
ABL-GSF-B 10.3933 10.2397
ABL-ISF 14.2395 13.9603
ABL-IFPF-Conservative 111.0477 108.8703
ABL-IFPF-Aggressive 103.9830 101.9441
ABL-IFPF-Active 101.3761 99.3883
ABL-IFPF-Strategic - 100.6444
ABL-IFPF-Strategic II - 91.6374
ABL-IFPF-Strategic III - 96.4899
ABL-IFPF-Strategic IV - 99.6852
ABL-FPF-Conservative 108.6109 106.4813
ABL-FPF-Active 93.5024 91.6690
ABL-FPF-Strategic - 96.1745
Applicable for:    December 13,2017
ABL-CF 10.2938 10.2938
 NAV History

Pension Funds NAVs

ABL Pension Fund
Applicable for: December 12,2017
Sub Fund Redemption
ABL-PF Equity Sub Fund 149.3834
ABL-PF Debt Sub Fund 140.4013
ABL-PF Money Market Sub Fund 115.8571
ABL Islamic Pension Fund
Sub Fund Redemption
ABL-IPF Equity Sub Fund 154.6709
ABL-IPF Debt Sub Fund 114.6960
ABL-IPF Money Market Sub Fund 111.9974
 NAV History

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