⏸️ AKD-FUNDS: HOLD Signal (5/10) – BOARD MEETING OF AKD INVESTMENT MANAGEMENT LIMITED FOR THE FIRST QUARTER ENDED SEPTEMBER 30, 2025

📌 Key Takeaways

• 📅 Board meeting scheduled for October 30, 2025.
• 🏢 Meeting location: 216-217, Continental Trade Centre, Block-8, Clifton, Karachi.
• 🕒 Meeting time: 2:30 p.m. local time.
• 💼 Purpose: Review and approve un-audited financial statements.
• 📊 Financial statements for the first quarter ended September 30, 2025.
• 💰 Funds under management to be reviewed include: Golden Arrow Stock Fund.
• 💹 Funds under management to be reviewed include: AKD Opportunity Fund.
• 📈 Funds under management to be reviewed include: AKD Index Tracker Fund.
• 💵 Funds under management to be reviewed include: AKD Cash Fund.
• 💸 Funds under management to be reviewed include: AKD Aggressive Income Fund.
• ☪️ Funds under management to be reviewed include: AKD Islamic Stock Fund.
• 📜 Funds under management to be reviewed include: AKD Islamic Income Fund.
• 🌙 Funds under management to be reviewed include: AKD Islamic Cash Fund (formerly AKD Islamic Daily Dividend Fund).
• 📢 Notification to TRE Certificate Holders of the Exchange.
• ✉️ Announcement date: October 23, 2025.

🎯 Investment Thesis

HOLD. Given the lack of specific financial data, a HOLD recommendation is appropriate. The board meeting’s outcome and subsequent financial releases will provide more clarity. Investors should monitor the fund’s performance against its benchmark and sector peers before making any investment decisions. A neutral stance is warranted until the financial statements are released.