ANNOUNCEMENTS - UBL FUNDS LAUNCHES ATM REDEMPTION CARD.
UBL Fund Managers Limited (UBL Funds), a leading Asset Management Company, launched an ATM Redemption Card for investors of UBL Funds, in collaboration with its parent company, United Bank Limited (UBL). UBL Funds ATM Redemption Card is designed to provide investors with real-time access to their Investments with the facility to withdraw cash from their UBL Funds Investment Account anytime, anywhere through the widely available network of ATMs across the country!
Ms. Umber Ansari, Head of Marketing, UBL Funds, said "We are hopeful that the addition of the UBL Funds ATM redemption service will fulfill our investors' instant liquidity needs. We constantly endeavor to improve our services in an effort to add convenience and ease to the investment experience."
The Investment Schemes available for instant withdrawal via ATM are UBL Liquidity Plus Fund (ULPF), UBL Money Market Fund (UMMF), Al-Ameen Islamic Cash Fund (AICF), and Al-Ameen Islamic Sovereign Fund (AISF) subject to terms and conditions. Moving forward, UBL Funds will add other investment schemes to the list as well.