Faysal Asset Management Limited Announces Interim Distribution for Faysal Asset Allocation Fund

Karachi, Faysal Asset Management Limited (FAML) has released an important update regarding the interim distribution for the year ending June 30, 2023. The Chief Executive Officer of FAML, authorized by the Board of Directors, has approved the interim distribution for the following fund under FAML’s management: Faysal Asset Allocation Fund.

The interim distribution for the Faysal Asset Allocation Fund has been set at Rs 3.04 per unit. This payout represents 4.95% of the Net Asset Value (NAV) at the beginning of the year. The announcement reflects the commitment of FAML to provide returns to its unit holders and ensure transparency in its operations.

Unit holders of the Faysal Asset Allocation Fund, who held units as of the close of business on June 27, 2023, will be eligible to receive the aforementioned interim distribution. This distribution serves as a reward for their investment and demonstrates FAML’s dedication to delivering value to its investors.

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