Al Meezan Investment Management Limited (Al Meezan) is pleased to announce 1st interim dividend payout for Meezan Cash Fund (MCF) @ Rs. 0.30 per unit for FY 2012-2013. The details of the dividend are as following:
|
Fund
|
Period
|
Dividend (Rs.) per unit
|
% of par value of Rs. 50/-
|
Total return % for FY13
|
|
Meezan Cash Fund (MCF)
|
Jul 01- 22, 2012
|
0.30
|
0.60%
|
10.60%
|
The payouts are in the form of Bonus Units to the Growth Unit holders and Cash Dividend to the Income Unit holders.
Al Meezan is one of the leading asset management companies in the private sector in Pakistan with total assets under management of over Rs.38 billion and AM2 rating by JCR-VIS denoting High Quality Management. Al Meezan offers a complete range of investment solutions to meet the varying investment needs of its investors which exceed 20,000 clients including over 350 institutional investors.