The Board of Directors of HBL Asset Management Limited, the management company of HBL Income Fund, HBL Stock Fund and HBL Multi-Fund, in its meeting held on Wednesday announced final cash/bonus units for various funds managed by it. HBL Income Fund: The board has approved final dividend/bonus for HBL Income Fund at Rs 3.50 per unit. The bonus will be issued based on the Ex-Dividend NAV of the fund as on June 30, 2010.
The fund has already declared interim dividend/bonus of Rs 5.50 per unit, making the full year dividend of Rs 9.0 per unit for the year ended June 30, 2010. The dividend/bonus along with price appreciation in unit price has offered annualised return of 13.28 percent to unit holders for the year ended June 30, 2010.
HBL Stock Fund: The board has approved final dividend/bonus for HBL Stock Fund at Rs 10 per unit. The bonus units will be issued based on the Ex-Dividend NAV of the fund as on June 30, 2010. The dividend/bonus along with price appreciation in unit price has offered annualised return of 19.52 percent to unit holders for the year ended June 30, 2010.
HBL Multi-Asset Fund: The board has approved final dividend/bonus for HBL Multi-Asset Fund at Rs 16 per unit. The bonus units will be issued based on the Ex-Dividend NAV of the fund as on June 30, 2010. The fund has offered annualised return of 19.17 percent to unit holders for the year ended June 30, 2010.-PR
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