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Karachi, UBL Fund Managers Limited, a prominent player in the investment management industry, has made an exciting announcement regarding interim distributions for two of its investment products. The Chief Executive Officer, empowered by the Board of Directors, has given approval for the following interim dividend payouts:
For the AL-AMEEN ISLAMIC CASH PLAN-I, which falls under the AL-AMEEN ISLAMIC CASH FUND, an interim cash dividend has been approved for the period ending August 30, 2023. The dividend stands at Re. 0.0543 per unit, representing 0.05% of the value.
Additionally, for the UBL SPECIAL SAVINGS PLAN-V, an interim cash dividend has been authorized for the same period, ending August 30, 2023. The dividend for this plan is Re. 0.0557 per unit, constituting 0.06% of the value.
These dividend entitlements will be credited to the respective unit holders whose names are listed in the register of unit holders as of the close of business on August 30, 2023.
The approval of these interim dividend distributions reflects UBL Fund Managers’ commitment to delivering value to its investors. The move underscores the company’s proactive approach to providing regular and favorable returns to its unit holders in line with the performance of their respective investment plans.
The announcement of these dividend distributions is expected to resonate positively with investors seeking income from their investments. As UBL Fund Managers continues to navigate the evolving financial landscape, these interim distributions demonstrate the company’s dedication to fulfilling the financial objectives of its investors and strengthening their trust and confidence in its services.
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