Karachi: The Board of Directors of UBL Fund Managers Limited has granted authorization to the Chief Executive Officer to evaluate and potentially approve an interim distribution of profits for the UBL Pakistan Enterprise Exchange Traded Fund. The interim distribution, if approved, will concern the financial period concluded on June 30, 2025.

The company has announced that the Share Transfer Books of the Fund will be closed on June 26, 2025. Unit holders with their names recorded in the Fund's Register by the end of business on June 25, 2025, will be eligible for any distribution declared. Transfers completed by the close of business on June 24, 2025, will be considered for entitlement purposes, ensuring that transferees are included in the distribution consideration.

Unit holders have been requested to update their addresses with the company's registered office before the close of business on June 24, 2025, to ensure they receive any potential distribution in a timely manner. This administrative step is crucial for maintaining accurate records and ensuring efficient communication with unit holders.

According to information available from the Pakistan Stock Exchange (PSX), the UBL Pakistan Enterprise Exchange Traded Fund is part of the designated market category. The CEO's decision regarding the interim distribution is awaited, and the outcome will affect the unit holders listed as of the specified dates. The decision on the interim distribution is anticipated to be a focal point for investors, as it represents a possible profit-sharing event for those holding units in the Fund.