Karachi, UBL Fund Managers Limited has announced the approval of interim distributions for three of its investment plans. The Chief Executive Officer, acting under the authority granted by the Board of Directors, has given the green light to the distributions, benefiting the unit holders of UBL Special Savings Plan-VII, AL-AMEEN Islamic Cash Plan-I under AL-AMEEN Islamic Cash Fund, and UBL Special Savings Plan-V.
For UBL Special Savings Plan-VII, an interim cash dividend has been declared for the period ended May 30, 2023. The distribution amounts to Re.0.0702 per unit, equivalent to 0.07% of the unit's value.
Similarly, unit holders of AL-AMEEN Islamic Cash Plan-I will also receive an interim cash dividend for the period ended May 30, 2023. The dividend has been set at Re.0.0538 per unit, accounting for 0.05% of the unit's value.
Furthermore, UBL Special Savings Plan-V unit holders can expect an interim cash dividend as well. For the period ended May 30, 2023, the dividend per unit has been determined as Re.0.0512, representing 0.05% of the unit's value.
These entitlements will be credited to the unit holders whose names appeared in the register of unit holders at the close of business on May 30, 2023.