Karachi, Tri Star Mutual Fund (TSMF), another key entity on the Pakistan Stock Exchange, reported no distribution for the current fiscal year ending in June 2023. The fund, which was established in 1994, revealed an EPS of 5.5 for the period of January to February 2024, underlining its operational performance amidst challenging market conditions.
Despite not announcing a distribution, TSMF recorded a trading volume of 117,500, with its rates oscillating between a high of 5.5 and a low of 4. The mutual fund, holding a paid up capital of 50.00 million Rs., remains an important option for investors seeking diversification. The absence of a distribution for this period reflects the fund's strategic adjustments and focus on long term value creation for its shareholders.