04-06-10 The fund and KSE100 have experienced considerable decline in value during last one month. Uncertainty regarding imposition of Capital Gain Tax on stock investments has been one of the major reasons for selling by local investors in the market. One of the many reasons why the fund kept under performing KSE100 during this all
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Tag: portfolio
How I managed my funds
I started managing a private fund in January 2009 in which different friends and family invested. The fund outperformed local equity market by a huge margin in 2009 (118% return) and right now I am managing funds of around Pakistani Rupee 2mn. Since all the investors in the funds wanted to keep it halal, I
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