Karachi, Alfalah Asset Management Limited, on behalf of its Board of Directors, is pleased to announce the approval of interim cash dividends for the year ending June 30, 2023, for two of its funds. The dividends will be distributed to eligible unit holders in the form of cash, rewarding their investment and participation in these funds.
The following funds have been approved for interim distribution along with the respective cash dividends and the dividend percentages based on the Ex-NAV at the beginning of the year:
1. Alfalah Islamic Money Market Fund:
2nd Interim Distribution
Cash Dividend: Rs. 0.3738 per unit
Dividend as a percentage of Ex-NAV at the beginning of the year: 0.37%
2. Alfalah GHP Prosperity Planning Fund- Active Allocation Plan:
2nd Interim Distribution
Cash Dividend: Rs. 1.4491 per unit
Dividend as a percentage of Ex-NAV at the beginning of the year: 1.56%
To qualify for the dividend, individuals must hold units in these funds as of the close of business on June 27, 2023. Those who meet this criterion will be entitled to receive the dividends in cash, providing a lucrative return on their investment.