AL HABIB Asset Management Announces Interim Distribution for Funds

Karachi, AL HABIB Asset Management Limited has announced the interim distribution for its funds, as approved by the Chief Executive Officer under the authority of the Board of Directors. The distribution is for the year ending June 30, 2023.

According to the announcement, the AL HABIB MONEY MARKET FUND will have an interim distribution of Rs. 0.0603 per unit, which is equivalent to 0.0603% of the Net Asset Value (NAV). The AL HABIB ISLAMIC CASH FUND will have an interim distribution of Rs. 0.0494 per unit, which is equivalent to 0.0494% of the NAV.

The interim distribution will be paid to the unit holders whose names appeared in the register of unit holders as of 04-May-2023. The company has urged the unit holders to update their information in the register of unit holders to ensure timely receipt of the distribution.