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

Information herein was obtained from sources believed to be accurate and reliable; however, VIS Credit Rating Company Limited (VIS) does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. VIS, the analysts involved in the rating process and members of its rating committee do not have any conflict of interest relating to the rating(s)/ranking(s) mentioned in this report. VIS is paid a fee for most rating assignments. This rating/ranking is an opinion and is not a recommendation to buy or sell any securities. Copyright May 29, 2015 VIS Credit Rating Company Limited. All rights reserved. Contents may be used by news media with credit to VIS.