Karachi: AKD Investment Management Limited has announced a pivotal decision regarding its interim distribution and book closure for several of its funds. On June 17, 2026, the Board of Directors authorized the company's Chief Executive Officer and Investment Committee to deliberate on the interim distribution of profits from various funds under its management.

The funds in question include the Golden Arrow Stock Fund (GASF), AKD Opportunity Fund (AKDOF), AKD Index Tracker Fund (AKDITF), AKD Aggressive Income Fund (AKDAIF), AKD Cash Fund (AKDCF), AKD Islamic Stock Fund (AKDISSF), AKD Islamic Income Fund (AKDISIF), AKD Islamic Cash Fund (AKDICF), formerly known as the AKD Islamic Daily Dividend Fund, and AKD Alpha Income Fund (AKDALIF). The assessment and potential approval of this distribution are scheduled for June 24, 2026, targeting profits accumulated by the funds for the period ending June 30, 2026.

The company has confirmed that the Unit Holder Register for these funds will be closed from June 23, 2026, to June 24, 2026, inclusive of both days. During this period, AKD Investment Management Limited and its distribution offices will not process any applications for investment, redemption, transfer, conversion, pledge of units, or any amendments in address or particulars.

According to information available from the Pakistan Stock Exchange (PSX), only those unit holders whose names are listed in the Register of the Funds by close of business on June 22, 2026, will qualify for any distribution declared. This decision underscores the company's commitment to maintaining transparency and clarity in its operations, ensuring stakeholders are duly informed and prepared for the upcoming financial activities.