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Stock market special fund to be converted into open-ended fund
Source: Geo Television Network E-Mail this News Story to a friend E-Mail this Story
Category: Business
Publication Date: Thursday, July 24, 2008 13:53
News URL: http://www.geo.tv/7-24-2008/21360.htm
Stock market special fund to be converted into open-ended fund KARACHI: The special fund that has been established for the market would be converted into open-ended fund after issuing the units.

Chairman National Investment Trust (NIT) Tariq Iqbal Khan stated this while talking to Geo News.

A special meeting of Security and Exchange Commission of Pakistan would be held here on Thursday evening in which shareholders of fund would present their views.

Chairman NIT said that sales right of units would be given to investors to give them protection.
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