AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

National Investment Trust Limited (NITL), the largest Asset Management Company of Pakistan has declared interim distribution for all Funds under its management for the year ending June 30, 2016. The announcements were made through a press release issued by NITL on June 15, 2016 after its Board of Directors approved the interim distribution for all Funds under its management. It was stated that NIT is presently managing nine Funds with assets under management of around Rs 90 billion as on June 14, 2016.
NI(U)T Fund: The Board has declared an interim cash dividend @ Rs 4.50 per unit for unit holders of NI(U)T for the year ending on June 30, 2016 as compared to Rs 4.25 per unit for the year ended on 30th June 2015. The payment of dividend @ Rs 4.50 per unit would involve a cash payout of about Rs 4,500 million among its unit holders. The size of NI(U)T Fund stood at about Rs 67.10 billion as of June 14, 2016.
NIT - Islamic Equity Fund (NIT-IEF): The Board has declared an interim dividend of Rs 0.42 per unit for the year ending June 30, 2016. The size of the fund stood at about Rs 4.71 billion as of June 14, 2016.
NIT-State Enterprise Fund (NIT-SEF): The Board has declared an interim cash dividend of Rs 1.00 per unit for the year ending June 30, 2016. The size of the fund stood at about Rs 2.21 billion as on June 14, 2016.
NIT - Equity Market Opportunity Fund (NIT-EMOF): The Board has declared an interim dividend of Rs 12.50 per unit in the form of cash for the year ending June 30, 2016. The size of the fund stood at about Rs 8.79 billion as of June 14, 2016.
NIT Government Bond Fund (NIT-GBF): The Board has declared an interim distribution of Rs 0.75 per unit for the year ending on 30th June 2016. The size of the fund stood at about Rs 3.15 billion as of June 14, 2016.
NIT Income Fund (NIT-IF): The Board has declared an interim distribution of Rs 0.76 per unit for the year ending on 30th June 2016. The size of the fund stood at about Rs 2.45 billion as of June 14, 2016.
NIT Government Treasury Fund (NIT-GTF): NIT Government Treasury Fund was launched on 22nd January, 2016. The Board has declared an interim distribution of Rs 0.20 per unit for the year ending on 30th June 2016. The size of the fund stood at about Rs 0.89 billion as of June 14, 2016.-PR

Copyright Business Recorder, 2016

Comments

Comments are closed.