UBL Money Market Fund Announces Annual Performance and Distribution Rates

Karachi, UBL Money Market Fund, managed by UBL Fund Managers, has disclosed its financial results for the fiscal year ending June 2023. The fund’s offer price was marked at 109.87, with a redemption price of 108.64. It declared a distribution rate of 5.14%, a slight decline from the previous year’s 5.40%. This performance is part of the fund’s continuous operations since its inception in 2014.