UBL Money Market Fund Delivers Competitive Market Yields

Business & Finance

Karachi, The UBL Money Market Fund reported a 5.40% distribution, followed by a 5.14% yield for the fiscal year ending June 2023. With an offer price of 109.87 and a redemption price of 108.64, the fund, operational since 2014, aims to maximize income while preserving capital and maintaining liquidity through investments in high-quality money market instruments.