Karachi, Faysal Financial Sector Opportunity Fundinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 23, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit ofRs. 2,433,463.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Faysal Financial Sector Opportunity Fund (OEFFFSOF), an open-ended mutual fund, seeks maximum preservation of capital and a reasonable rate of return via investing primarily in money market and debt securities having good credit rating and liquidity.
The symbol “OEFFFSOF” is being used by the stock exchange for the shares of Faysal Savings Growth Fund.