KARACHI - Karachi Stock Exchange and Primus Investment Limited (PIML) organised an investor education event for the members of DHORAJI Association, Rangoonwala community, car dealers and owners of shops at Khalid Bin Waleed Road. Key officials from SECP, CDC, NCCPL and KSE participated in the event. Speaking on the occasion, CEO of PIML, Ahmed Ateeq said that investing in mutual funds offers benefits one cannot get from trading individual stocks. He spoke about creating savings culture since the savings ratio of Pakistan is amongst the lowest in the world.
He further mentioned that savings and investments were not only beneficial for individuals but could offer much needed push to the saving-led growth in the economy.
He also emphasized on the fact that investors need to educate themselves about other investment avenues available in the market other than conventional deposit instruments.
At this stage, he introduced the two upcoming funds of PIML namely PIML Islamic Money Market Fund and PIML Islamic Equity Fund which will cater to individuals and institutions seeking Shariah compliant investment solutions.
Mentioning about the measures taken by CDC, Shariq Nasim, the AGM Product Development of CDC, advised investors to subscribe to the CDC’s SMS facility to monitor the movement of shares from the CDC account.