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Karachi, NBP Fund Management Limited has unveiled an important announcement regarding interim distributions. The Chief Executive Officer, acting under the authority granted by the Board of Directors, has formally declared interim distributions for a range of funds managed by the company.
The following funds are set to receive interim cash dividends:
1. NBP Government Securities Liquid Fund:
Cash Dividend per unit: Re. 0.2027
Cash Dividend as a % of par value: 2.03%
2. NBP Money Market Fund:
Cash Dividend per unit: Re. 0.1946
Cash Dividend as a % of par value: 1.95%
3. NBP Financial Sector Income Fund:
Cash Dividend per unit: Re. 0.3658
Cash Dividend as a % of par value: 3.66%
The distributions are applicable to unit holders whose names are registered in the respective funds’ Register. These names should be recorded as of the close of business on August 28, 2023.
This move by NBP Fund Management Limited is expected to provide unit holders with tangible returns on their investments and showcases the company’s commitment to delivering value to its investors. The distributions, set against the backdrop of the Chief Executive Officer’s authority and the Board’s approval, represent an integral aspect of NBP Fund Management’s efforts to provide consistent returns and foster investor confidence.
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