Announcement of Interim dividend for HBL Funds for the year ending June 30, 2016.
We are pleased to announce that the Chief Executive Officer, under the authority of the Board of Directors of HBL Asset Management Limited, has approved following interim dividend distribution for the year ending June 30, 2016:
|Fund Name||Cash/Dividend Distribution per unit|
|HBL Money Market Fund||Rs. 4.80|
|HBL Stock Fund||Rs. 1.50|
|HBL Islamic Stock Fund||Rs. 1.50|
|HBL Multi Asset Fund||Rs. 2.50|
|HBL Mustahekum Sarmaya Fund 1||Rs. 4.75|
|HBL Islamic Asset Allocation Fund||Rs. 0.80|
The unit holders whose names appeared in the register of unit holders of the Funds at the close of business day on June 27, 2016 shall be entitled to the above distribution.
Karachi, Noman Qurban
June 28, 2016 Company Secretary