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Introduction
National Investment Trust Limited has launched NIT – State Enterprise Fund on Jan 13, 2009. NIT – SEF was constituted under the trust deed executed between National Investment Trust Limited as Management Company and Central Depository Company (CDC) of Pakistan as Trustee.
1. Oil & Gas Development Company Limited.
2. Pakistan Petroleum Products.
3. Kot Addu Power Company Limited.
4. Pakistan Telecommunication Company Limited.
5. National Bank of Pakistan.
6. Pakistan State Oil Company Limited.
7. Sui Northern Gas Pipeline Limited.
8. Sui Southern Gas Company Limited
Objective
The Objective of the Fund is to take advantage of market conditions and acquire a selection of Eligible Stocks thereby creating an opportunity for investors to achieve superior returns. It is an Open End Equity Fund. The Fund may invest in eight eligible stocks.
