Karachi, Al Habib Asset Management Limited informed Pakistan Stock that the Chief Executive Officer, under the authority of the Board of Directors of the company, has approved interim distribution for the period ended June 30, 2022.
The above entitlement will be paid to the unit holders whose name appeared in the register of unit holders on May 20, 2022.
Habib Asset Management Limited, an associated company of Bank AL Habib Limited was incorporated on September 30, 2005 as a Public Limited Company. The main objective of the company is to float open-end mutual funds for different class of investors. Habib Asset Management is presently managing First Habib Income Fund (FHIF), First Habib Stock Fund (FHSF), First Habib Cash Fund (FHCF) and First Habib Islamic Balanced Fund (FHIBF).