Karachi, Faysal Asset Management Limited (FAML) has recently approved an interim distribution for the year ending 30 June 2023 on behalf of its renowned fund, Faysal Money Market Fund. The Chief Executive Officer of FAML, authorized by the Board of Directors, made the announcement on 26 May 2023.
According to the approved distribution, the interim payout per unit for the Faysal Money Market Fund will be Rs 1.5095, which represents a percentage of 1.48% of the net asset value (NAV) at the beginning of the year.
The distribution is applicable to all unit holders who are registered as of the close of business on 26 May 2023.