AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Lakson Investments Limited has authorized a noteworthy interim distribution for its Lakson Tactical Fund, as declared by the Chief Executive Officer with the backing of the Board of Directors. This announcement pertains to the performance period concluding on June 24, 2024.
According to information available from the Pakistan Stock Exchange (PSX), the fund is set to distribute PKR 34.3554 per unit, representing 34.3554% of the par value of PKR 100 per unit. This significant interim distribution will be accorded to unit holders whose names were registered in the fund’s ledger at the close of the business day on June 24, 2024.
This distribution underscores Lakson Investments Limited’s robust financial management and its commitment to delivering substantial returns to its investors, particularly in the tactical fund category, which often aims for higher returns by taking on more calculated risks.