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Karachi: We are pleased to inform you that the Board of Directors of AKD Investment Management Limited (AKDIML), the Management Company of AKD Opportunity Fund (AKDOF), in their meeting held on July 8, 2011 at 4:00 p.m. has approved the following distribution for the year ended June 30, 2011:
Distribution Nil
AKD Income Fund (AKDIF) – Open-End Fund Distribution for the Year Ended June 30, 2011
We are pleased to inform you that the Board of Directors of AKD Investment Management Limited, the Management Company of AKD Income Fund (AKDIF), in their meeting held on July 8, 2011 at 4:00 p.m. has approved the following distribution for the year ended June 30, 2011:
Distribution
The Board has approved a bonus of Rs.3.70/- per unit (8.17% on the opening Ex-NAV and 7.40% of the par value Rs.50/- for FY 2011). An investor holding 100 units as on 30 June 2011 will get 7.90 units (Rounded Off) on ex-bonus net asset value of Rs.46.82725 pet unit, the proportionate will apply to actua1 holdings (Unit holders who have opted for cash payout will receive cash payment accordingly).
The above entitlements will be paid to the unit holders whose name appeared in the register of unit bolts on June 30, 2011.
AKD Index Tracker Fund (AKDITF) – Open-End Fund Distribution for the Year Ended June 30, 2011
We are pleased to inform you that the Board of Directors of AKD Investment Management Limited, the Management Company of AKD Index Tracker Fund (AKDITF), in their meeting held on July 8, 2011 at 4:00 p.m. has approved the following distribution for the year ended June 30, 2011:
Distribution Nil
For more information, contact:
Muhammad Amin Hussain
Company Secretary
AKD Investment Management Limited
216-217, Continental Trade Centre.
Block-8, Clifton, Karachk74000.
PABX: +9221 36810461-6
Fax: +9221 35373217,
UAN: +9221 111 253 465