UBL Fund Managers Limited’s final distributions for the year ended June 30, 2012 from United Growth and Income Fund (UGIF) and United Stock Advantage Fund (USF)
Karachi, July 05, 2012 (PPI-OT): We are pleased to inform you that the Board of Directors of UBL Fund Managers Limited (UBLFUND), the Management Company of UGIF and USF, on July 04, 2012, has approved following distributions:
United Growth and Income Fund (UGIF)
Nil dividend distribution for the unit holders of UGIF.
United Stock Advantage Fund (USF)
Final Stock Dividend of 13.00% on the opening ex-dividend NAV on July 01, 2011 i.e. of Rs. 34.62 which translates into Rs. 4.5 per unit, of a par value of Rs. 100.
An Investor holding 100 units at the close of business on June 28, 2012 will get 13.07 units on ex-dividend price of Rs. 34.42 per unit, the proportionate will apply to actual holdings.
The above entitlements will be credited to unit holders, whose names appeared n the register of unit holders at the close of business on June 28, 2012.
For more information, contact:
Chief Operations Officer
UBL Fund Managers Limited
8th Floor, Executive Tower,
Dolmen City Building, Block 4,
Clifton, Karachi, Pakistan,
Tel: (+92-21) 35290080-95,
Fax: (+92-21) 35290070