Introduction
NIT started making investments from this Fund on 25th July 2008. NIT – EMOF was constituted under the Trust Deed executed between National Investment Trust Limited (NITL) being the management company and Central Depository Company (CDC) of Pakistan being Trustee.
Objective
Objective of the Fund is to invest the Funds in Equity Market at a time when the Management Company of the Fund has reasons to believe that there is an opportunity to invest the fund in a gainful manner and such investment is in the benefit of the Fund taking a long term perspective.
It is an Open End Equity Fund and may invest in 50 eligible stocks listed on Karachi stock exchange of Pakistan.