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Karachi, HBL Investment Fund, trading under the symbol HIFA, declared a 4% distribution for the period ending in June 2023. The fund’s today’s rate stood at Rs. 2.75 with a paidup capital of Rs. 2,841.25 million. During the reporting period, HIFA experienced a high rate of Rs. 4.05 and a low rate of Rs. 2.31, witnessing a substantial turnover of 8,260,000. The fund, listed since 2004, has maintained a consistent presence in the market, with its performance metrics being a critical indicator for investors. The closure of its previous book was also on June 7, aligning with the fund’s annual reporting cycle.
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