Press Release

JCR-VIS places Management Quality Rating of KASB Funds Limited under ‘Rating Watch’

Karachi, May 29, 2015: JCR-VIS Credit Rating Company Limited (JCR-VIS) has placed the Management Quality Rating of ‘AM3’ (AM-Three) assigned to KASB Funds Limited (KFL), under ‘Rating Watch Developing’ status on account of change in shareholding of the company. Developments in this regard will be tracked by JCR-VIS. The previous rating action was announced on December 19, 2013.

For further information on this rating announcement, please contact the undersigned (Ext: 501) or Ms. Sobia Maqbool, CFA (Ext: 604) at 35311861-3 or fax to 35311872.


Javed Callea
Advisor

Applicable Rating Criteria: Mutual Fund Rating (December 2006)
http://jcrvis.com.pk/Images/MutualFundsRevised2.pdf

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