AKD Investment Management Limited’s announces 1st interim dividend for akd for akd cash fund (AKDCF) for FY 2012-2013

Karachi, July 31, 2012 (PPI-OT): We are pleased to inform you that Chief Executive of AKD Investment Management Limited (AKDIML), the management company of AKD Cash Fund (AKDCF), on behalf of Board of Directors, approved the first Interim dividend payout for AKD Cash Fund (AKDCF) @ Re. 0.33811 per unit. The details of the dividend are as following:

Dividend (Re.) per unit

0.33811

% of par value of Rs. 50/-

0.67622

The payouts are in the form of Bonus units. An investor holding 100 units of AKDCF as at July 27, 2012 will get 0.6762 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 27, 2012.

For more information, Contact:
Muhammad Yaqoob
Company Secretary
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