Interim Payouts Announced by Faysal Asset Management for 2024

Karachi, Faysal Asset Management Limited has announced interim payouts for two of its funds for the fiscal year ending June 30, 2024. The Chief Executive Officer, authorized by the Board, confirmed the payouts for registered unitholders as of June 21, 2024.

The announcement detailed distributions for the Faysal Money Market Fund and the Faysal Cash Fund. Unitholders of the Faysal Money Market Fund will receive a payout of Rs. 21.7438 per unit, which equates to 21.7438% of the par value set at Rs. 100 per unit. Similarly, the Faysal Cash Fund will distribute Rs. 23.1704 per unit, matching 23.1704% of its par value.

According to information available from the Pakistan Stock Exchange (PSX), the certificate holders have been advised of these interim payouts. This step reflects the ongoing commitments of Faysal Asset Management to deliver value to its investors and maintain transparency in its financial activities.

These payouts align with the company’s scheduled financial activities and are a part of routine fiscal distributions to its unitholders.