HBL Asset Management Approves Interim Distribution for HBL Islamic Money Market Fund

Karachi, HBL Asset Management Limited has announced the approval of an interim distribution for the HBL Islamic Money Market Fund. The distribution is for the period ending May 10, 2023.

The Chief Executive Officer of HBL Asset Management Limited has authorized a per unit cash dividend of up to Pak Rupees 0.0525, representing 0.04% of the opening Ex-NAV as of July 1, 2022.

This distribution will be disbursed to unit holders whose names are listed in the register of unit holders at the close of business on May 10, 2023.

The interim distribution reflects the fund’s positive performance and its commitment to providing value to its unit holders. By sharing the fund’s profits, HBL Asset Management aims to reward investors and enhance their financial well-being.