announcements

⚡ Flash Summary

AKD Investment Management Limited will hold a board meeting on October 30, 2025, to review and approve the un-audited financial statements for the first quarter ended September 30, 2025. The meeting will cover the financial performance of eight funds under AKD’s management, including Golden Arrow Stock Fund, AKD Opportunity Fund, and AKD Islamic Cash Fund (formerly AKD Islamic Daily Dividend Fund). This announcement informs the Pakistan Stock Exchange and TRE Certificate holders about the upcoming financial review. Investors and stakeholders are advised to take note of the meeting and its potential impact on fund performance.

📌 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.