Arif Habib Investments unveils new service

KARACHI (PR) - Arif Habib Investments Limited (AHI) has proudly announced its new value added service, accidental death and disability insurance for its investors in partnership with ALICO (American Life Insurance Company Limited) as the insurance provider for its Pension Fund. The signing ceremony for this event took place on 26th April 2010, at the premises of Arif Habib Investments Limited. The agreement was signed by Nasim Beg - Chief Executive Arif Habib Investments and Arif Mufti - Chairman and CEO ALICO. As per this agreement, all individuals invested in Pakistan Pension Fund of AHI will be provided with a complementary (cost borne by AHI) accidental death and disability insurance cover (by ALICO) of upto Rs 5 million. Optional Insurance covers are also provided at a minimal premium amount by the investors. On this event, Nasim Beg, CEO, Arif Habib Investments said, The mutual funds industry is increasingly becoming the choice investment avenue in Pakistan and offers various investment products with different risk/return profiles. Arif Habib Investments Limited (AHI) is an asset management company managing 13 funds and is rated AM2 (Positive outlook), currently highest Asset Management Quality rating in the industry. The company is currently managing Rs 17.8 billion (as of 22nd April 2010). AHI holds 8 open-end, 3 closed-end, 2 Pension Funds and 8 investment plans in its product portfolio to meet the investment needs of its growing clientele. AHI continuously strives to provide attractive returns through a wide spectrum of investment solutions and set the highest standards in the Asset Management Industry through constant customer focus, special financial expertise and total quality management. Signing of insurance wrap-on for its pension scheme is another step towards the fulfilment of AHIs customer-oriented approach.

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