AKD Investment Management Limited’s announces 1st interim dividend for AKD Cash Fund (AKDCF) for FY 2013-2014
Karachi, July 30, 2013 (PPI-OT): We are pleased to inform you that the Chief Executive of AKD Investment Management Limited (AKDIML), the management company of AKD Cash Fund (AKDCF), on behalf of Board of Directors, approved the 1st Interim dividend payout for AKD Cash Fund (AKDCF) @ Re. 0.29806 per unit. The details of the dividend are as following:
Dividend (Re.) per unit 0.29806
% of par value of Rs. 50/- 0.59612
The payouts are in the form of Bonus units. An investor holding 100 units of AKDCF as at July 26, 2013 will get 0.5961 additional units at the ex-div. NAV of Rs. 50.00. Unit holders who have opted for cash payout will receive cash payment accordingly.
The above entitlement will be paid to the unit holders, whose names appeared in the register of unit holders of AKDCF at the close of business day on July 26, 2013.
For more information, contact:
AKD Investment Management Limited
216-217, Continental Trade Center,
Block-8, Clifton, Karachi – 74000.
PABX: 92 21 35810461-6
Fax: 92 21 35373217
UAN: 111 253 465