NBP Fund Management Announces Approval of NBP Pakistan Growth Exchange Traded Fund’s Annual Audited Financial Results for 2023

Business & Finance

Karachi, NBP Fund Management Limited is pleased to announce that the Board of Directors of NBP Fund Management Limited has approved the annual audited financial results of NBP Pakistan Growth Exchange Traded Fund for the year ended June 30, 2023. Furthermore, the Board has recommended a final cash dividend of Rs 0.3400 per unit, equivalent to 3.40%.

Closure of Share Transfer Books:

In connection with the dividend distribution, the Share Transfer Books of the Fund will be closed from September 22, 2023, to September 23, 2023, inclusive. Share transfers received at the registered office by the close of business on September 19, 2023, will be considered timely for the purpose of the above entitlement to the transferees. Unitholders whose names appear in the Register of the Fund at the close of business on September 21, 2023, will be entitled to the above distribution.

The annual audited financial results of NBP Pakistan Growth Exchange Traded Fund for 2023 demonstrate the fund's financial performance and provide valuable insights for investors. The final cash dividend recommendation underscores the fund's commitment to delivering returns to its unitholders.

NBP Fund Management Limited continues its mission to manage and grow the savings of its investors while ensuring compliance with regulatory requirements and maintaining transparency in its operations.