Dear Investor,

I would like to introduce BMA Financial, Pakistan’s first independent financial products distribution company launched by BMA Capital. A 100% wholly owned subsidiary of BMA, BMA Financial provides facilitation services for investments in mutual funds, pension schemes and discretionary portfolio management accounts.

With a growing number of financial institutions offering a wide range of products, especially in the case of mutual funds where 32 asset managers offer more than 70 funds, it is important to have access to a service which helps investors pick instruments which best serve their needs. BMA Financial provides just that!

BMA Financial is an independent and separate legal entity. To be able to fairly distribute products of all institutions based primarily on their performance and merits, it is absolutely critical for such a business to be independent.

Our investment guidance is based on a detailed analysis of client risk appetite and target return. Our research team conducts detailed analysis on the comparative performance of all open end funds. A recommended list for each fund category is prepared on the basis of their risk and return and updated regularly. Hence, we do away with all the perceived and actual conflicts of interest when providing our services.

Our clients are provided with customized reports, with statistical analysis of their investments.

We have further aligned our interest with those of our clients. We provide our services at no additional cost to the client; our income is derived mainly from the value of clients' investments. In that way we avoid the potential conflict of interest that can affect the impartiality of advice. We only prosper if clients remain with us and the value of their investment grows.

We look forward to entering into a relationship with you and provide advice on your mutual fund investments, pension scheme plans and discretionary portfolio accounts at no additional cost.

Sincerely,

junaid iqbal

Chief Executive Officer