Pakistan Company News – Interim Distribution of UBL Fund Managers Limited

Interim Distribution of UBL Fund Managers Limited

Karachi, UBL Fund Managers Limitedinformed Pakistan Stock Exchange that the Board of Directors of the Company has authorized Chief Executive Officer to consider and approve interim distribution out of profits earned by UBL Liquidity Plus Fund and Al Ameen Islamic Cash Fund, In this regard, on August 13, 2018, the CEO will consider and approve, if deemed fit, interim distribution for the said Funds.

The UBL Fund Managers is the asset management company operating in Pakistan, offering savings and investment solutions to institutional and individual clients. The UBL Fund Managers is the asset management company operating in Pakistan, offering savings and investment solutions to institutional and individual clients.

UBL Fund Managers Limited (a wholly owned subsidiary of United Bank Limited) as the management company, a company incorporated under the Companies Ordinance, 1984 and Central Depository Company of Pakistan Limited (CDC) as the Trustee. The Trust Deed has also been approved by the Securities and Exchange Commission of Pakistan (SECP).