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Karachi, UBL Fund Managers Limited, a prominent player in the asset management industry, has unveiled an interim distribution for two of its investment plans, reflecting the company’s commitment to providing consistent value to its investors.
Under the authority granted by the Board of Directors, the Chief Executive Officer of UBL Fund Managers Limited has approved the interim distribution for the following plans:
UBL SPECIAL SAVINGS PLAN-V:
An interim cash dividend has been sanctioned for the period ending August 7, 2023. Unit holders of UBL SPECIAL SAVINGS PLAN-V will be entitled to receive Re. 0.1844 per unit, which corresponds to 0.18% of the value.
AL-AMEEN ISLAMIC CASH PLAN-I under AL-AMEEN ISLAMIC CASH FUND:
Unit holders of AL-AMEEN ISLAMIC CASH PLAN-I, operating under AL-AMEEN ISLAMIC CASH FUND, will also benefit from an interim cash dividend for the period ending August 7, 2023. They will receive Re. 0.0548 per unit, representing 0.05% of the value.
This distribution aims to reward investors for their trust and participation in the respective plans. The interim dividends serve as an acknowledgment of the plans’ performance and the company’s commitment to generating returns for its investors.
The interim dividends will be credited to unit holders whose names were recorded in the register of unit holders as of the close of business on August 7, 2023.
UBL Fund Managers Limited’s proactive approach in distributing interim dividends underscores its dedication to maintaining investor satisfaction, delivering consistent value, and fostering transparency within the asset management industry.
The post UBL Fund Managers Announces Interim Dividend for UBL Special Savings Plan-V and Al-Ameen Islamic Cash Plan-I appeared first on Pakistan Company News.