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Karachi, Faysal Asset Management Limited (FAML), a leading name in the asset management industry, has announced an interim distribution for the year ending June 30, 2024, on behalf of one of its prominent funds.
The Chief Executive Officer of FAML, acting under the authorization of the Board of Directors, approved the interim distribution on August 24, 2023, for the Faysal Islamic Financial Growth Fund – Faysal Islamic Financial Growth Plan-I. The distribution will be made to unit holders who held shares in the fund at the close of business on August 24, 2023.
The interim distribution per unit for the mentioned fund has been set at Rs. 1.5300. This distribution amounts to 1.5300% of the Net Asset Value (NAV) at the beginning of the year. The distribution reflects FAML’s commitment to providing value to its investors while adhering to the fund’s performance and market conditions.
Faysal Asset Management Limited remains dedicated to its mission of delivering attractive returns and maintaining transparency with its investors. The company ensures that unit holders are informed of the interim distribution to enable them to make informed investment decisions.
Investors and stakeholders are encouraged to stay updated with the latest announcements from FAML regarding its funds and distributions through official channels and the company’s website. The announcement of this interim distribution underscores FAML’s continuous efforts to enhance investor confidence and build a strong financial future for its clients.
For inquiries and further information, interested parties can reach out to Faysal Asset Management Limited through their official contact points.
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