Karachi, In an announcement provided to the investors, the Chief Executive Officer of MCB Investment Management Limited, previously known as MCB-Arif Habib Savings and Investments Limited, and acting as the management company of the Pakistan Cash Management Fund (PCF), approved a payout on behalf of the Board of Directors.
The official statement reports a daily distribution, confirming that a dividend of Re. 0.0268 per unit will be disbursed to the unit holders. This specific payout pertains to those investors whose names were recorded in the unit holder register at the closing of 27-Sep-23.
Details regarding the distribution process or any future strategy from the management company were not provided in the announcement. It remains pivotal for unit holders to stay abreast of announcements and navigate through their investment plans accordingly.