Breaking News

AKD Investment Management Announces Final Distribution for Fiscal Year 2022-23

Karachi, AKD Investment Management Limited, in a recent meeting held in Karachi on July 5, 2023, has approved the final distribution for the year ended June 30, 2023. The Board of Directors has announced the following distribution per unit for their funds:

1. AKD Aggressive Income Fund:

Per Unit Cash Dividend: up to Rs. 0.16899

In addition to the interim distribution: Re. 0.92751 per unit

2. AKD Cash Fund:

Per Unit Cash Dividend: Rs. 0.19326

In addition to the interim distribution: Rs. 8.19285 per unit

3. AKD Islamic Income Fund:

Per Unit Cash Dividend: Rs. 0.07468

In addition to the interim distribution: Rs. 8.59119 per unit

4. AKD Index Tracker Fund:

No distribution announced (NIL)

The final distribution adds to the interim distributions already announced for AKD Aggressive Income Fund, AKD Cash Fund, and AKD Islamic Income Fund, providing additional returns to unit holders.

The post AKD Investment Management Announces Final Distribution for Fiscal Year 2022-23 appeared first on Pakistan Company News.

Check Also

Pakistan’s Peace Efforts Between US and Iran Bolster International Standing: PM

Islamabad: Prime Minister Shehbaz Sharif announced that Pakistan's diplomatic efforts to mediate peace between the United States and Iran have significantly enhanced the nation's international respect and narrative. Addressing the National Assembly, h...