Karachi, The NIT - Income Fund, listed since 2010, announced distributions of Rs 0.55 per unit in 2021 and Rs 0.5746 per unit in 2023. The fund, whose financial year ends in June, continues to be a key component of the income-oriented mutual funds mar...
Read More »Mughal Iron & Steel Industries Limited Secures Long-Term Funding with Sukuk
Karachi, Mughal Iron & Steel Industries Limited has secured a five-year term Sukuk, "MUGHALSC," listed on the Pakistan Stock Exchange. This financial instrument has a total issue size of Rs. 3 billion, with Rs. 2.4375 billion still outstanding. Th...
Read More »UBL Dedicated Equity Fund Continues in Market
Karachi, With its inception in 2019, the UBL Dedicated Equity Fund reported no distributions for 2023. The fund, concluding its financial year in June, maintains its presence in the dedicated equity mutual funds market.
Read More »Worldcall Telecom Limited’s TFC Issue Reaches Maturity
Karachi, Worldcall Telecom Limited has fulfilled its obligations for a 5-year Term Finance Certificate (WTLTFC3), as reported to the Pakistan Stock Exchange. This TFC, with a market lot of 1 and a face value of Rs. 5,000, had an interest rate of 6M KI...
Read More »HBL Cash Fund Announces High Yield
Karachi, The HBL Cash Fund, active since 2010, has announced a significant yield of 7.15% for the year ending June 2023. With an offer price of Rs 101.59, the fund distributed Rs 5.25 per unit, indicating a strong performance in the market.
Read More »AWT – Income Fund Maintains Position in Fiscal Year 2023
Karachi, The AWT - Income Fund, listed since 2012 on the Pakistan Stock Exchange, announced its financial performance for the year ending June 2023. The fund had an offer price of 121.74 and reported no distributions for the year, despite a previous d...
Read More »Meezan Strategic Allocation Fund – Plan V Active with Offer Price of 64.9
Karachi, The Meezan Strategic Allocation Fund - Plan V, a mutual fund listed in 2019, reported an offer price of 64.9 for the year 2023. With its financial year concluding in June, the fund remains an active player in the mutual fund sector.
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