Investment Review Committee Meeting

Decision # 12/ January 31, 2020

Point of Focus Discussion Action Review

Provident Fund Department Date : January 31, 2020
always looks actively for high
Department may
yield investment avenues to Investment advisors’ recommendation: Imran Jalil
immediately give one
optimize profit.
It is advised by the Investment Advisor that HBL month SMA
AML is not performing well as compared to the other Termination notice to
AMC’s. Therefore, we may disinvest from HBL AML HBL AML and place in
Therefore, Department stay
and placed in some other high yield investment high yield avenues to
vigilant about the returns avenues. optimize profit.
earned by Financial Institutes.
The decision of investment and Date : January 31, 2019
disinvestment is purely based
on merit on the basis of returns
and services rendered by
Financial Institutes.

Ratification from Trustees is required

Investment Review Committee Meeting