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Karachi, AKD Investment Management Limited is pleased to announce the approval of interim distributions by the Chief Executive Officer, under the authority delegated by the Board of Directors. The distributions will be made to the unit holders of several funds managed by the company for the year ending June 30, 2023.
The following funds and their respective interim distributions have been approved:
1. AKD Aggressive Income Fund: Per Unit Cash Dividend of up to Rs. 0.9275, representing 1.82% of the Opening Ex-NAV as of July 1, 2022.
2. AKD Cash Fund: Per Unit Cash Dividend of up to Rs. 8.19285, representing 16.14% of the Opening Ex-NAV as of July 1, 2022.
3. AKD Islamic Income Fund: Per Unit Cash Dividend of up to Rs. 8.59119, representing 16.98% of the Opening Ex-NAV as of July 1, 2022.
4. AKD Index Tracker Fund: Nil per unit.
5. AKD Opportunity Fund: Nil per unit.
6. Golden Arrow Stock Fund: Nil per unit.
7. AKD Islamic Stock Fund: Nil per unit.
The distributions will be made to the unit holders whose names appear in the register of unit holders at the close of business on June 21, 2023. AKD Investment Management Limited remains committed to providing regular returns and value to its unit holders.
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