The chief executive, on behalf of the board of directors of Arif Habib Investments Limited (AHI) - the management company, has announced monthly dividends for two of its funds. Pakistan Income Enhancement Fund (PIEF) has announced an interim dividend of rupees 0.43 per unit.
An investor holding 100 units as of 25th January 2011 get 0.8466 units on the ex-bonus price of Rs 50.79 per unit, the proportionate apply to actual holdings. The highest rated Money Market Fund, Pakistan Cash Management Fund (PCF) has announced a bonus distribution of Re0.42 per unit. An investor holding 100 units as of 25th January 2011 get 0.8347 units on the ex-bonus price of Rs 50.3193 per unit, the proportionate apply to actual holdings. The entitlements are paid to the unit holders whose names appeared in the register of unit holders on 25th January 2011.-PR