BMA Funds launched its first onshore open end fund in August 2007 with Standard Chartered Bank (Pakistan) Limited as the exclusive distributor for one year (since August 2008, SCB is no longer the exclusive distributor).

Investment Strategy
The BCSF seeks to invest in a diversified pool of high quality assets with an average duration of less than one year. This strategy envisages investment in securities issued by corporate bodies, spread transactions, reverse-repo transactions, selective exposure in the CFS market, Term Finance Certificates (TFCs), commercial paper and securities issued by the Government of Pakistan. Exposure may also be taken as per relevant rules in off-shore investments provided that these investments provide attractive returns and minimize the risks of downside volatility in the funds performance.