Faysal Asset Management Limited Approves Interim Distribution for Funds under Management

Karachi, Faysal Asset Management Limited (FAML) has announced the approval of an interim distribution for the year ending on June 30, 2023. The Chief Executive Officer of FAML, authorized by the Board of Directors, disclosed the interim distribution on June 1, 2023, for the funds under the management of FAML.

Under the interim distribution scheme, FAML has approved the following payouts per unit and as a percentage of the Net Asset Value (NAV) at the beginning of the year for the Faysal Islamic Cash Fund: 0.0520 rupees per unit and 0.0520% of NAV.

To be eligible for the interim distribution, unit holders must be registered as of the close of business on June 1, 2023.