Faysal Asset Management Limited Announces Interim Distribution for the Year Ending June 2023

Business & Finance

Karachi, Faysal Asset Management Limited (FAML), a renowned investment management company, has recently announced the interim distribution for the year ending June 2023. The Chief Executive Officer of FAML, duly authorized by the Board of Directors, approved the distribution on 26th May 2023 on behalf of the funds under FAML's management.

Under this distribution, the Faysal Islamic Cash Fund has been allocated an interim distribution payout of Rs 0.0523 per unit, equivalent to 0.0523% of the Net Asset Value (NAV) at the beginning of the year.

Unit holders who hold shares in the aforementioned funds as of the close of business on 26th May 2023 will be entitled to receive the interim distribution.