Glossary · PSX term

Asset Management Company (AMC).

An AMC is a licensed firm that creates and manages mutual funds and other investment products.

Definition

In Pakistan, AMCs are regulated by the SECP and pool investor money into funds run by professional managers under defined mandates. They earn management fees and are responsible for the fund's strategy and compliance.

Worked example

An AMC may run several funds, from an equity fund tracking PSX stocks to an Islamic income fund.

Related on PSX Clarity

Term

Mutual fund

Term

Exchange-Traded Fund (ETF)

Term

Securities and Exchange Commission of Pakistan (SECP)

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