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Karachi, JS Investments Limited, a renowned asset management company, is delighted to announce the approval of interim distributions for two of its prominent funds, reflecting the company’s commitment to delivering value to its investors. These distributions have been approved by the Chief Executive Officer, in line with the authority delegated by the Board of Directors, for the period ending June 30, 2023.
1. JS Islamic Hybrid Fund of Funds – JSICPAP-7:
For JS Islamic Hybrid Fund of Funds – JSICPAP-7, an interim cash distribution of Rs. 3.86 per unit has been approved. This distribution serves as a reward to the fund’s unit holders for their investment and trust in the fund’s performance.
The ex-NAV (Net Asset Value) for the fund stands at Rs. 92.46, providing investors with a clear understanding of the distribution’s impact on their investment.
2. Unit Trust of Pakistan:
For Unit Trust of Pakistan, an interim cash distribution of Re. 3.79 per unit has been approved. This distribution further enhances the attractiveness of the fund, benefiting its unit holders.
The ex-NAV for the Unit Trust of Pakistan is Rs. 152.02, serving as a benchmark for investors to assess the distribution’s impact on their investment.
It is important to note that the above entitlements of the funds have been paid to unit holders whose names appeared in the register of unit holders on June 27, 2023. This ensures a fair and transparent distribution process, aligning with JS Investments Limited’s commitment to investor satisfaction.
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