UBL Fund Managers announced an interim payout for the period-ended May 20, from its open-end investment schemes. The Company announced a payout of Rs 1.65 per units of par value Rs 100 from its money market scheme, UBL Liquidity Plus Fund (ULPF) which gave an year to date return of 11.43 percent p.a.
From UBL Government Securities Fund (UGSF), the Company announced a payout of Rs 1.55 per unit of par value Rs 100. This scheme has given a year to date return of 12.34 percent p.a. While from UBL Savings Income Fund (USIF), UBL Funds announced a payout of Rs 1.85 per unit of par value of Rs 100. This scheme has given a year to date return of 12.24 percent p.a.
Where as on UCPF-II, a UBL Capital Protected Fund, a payout of Rs 6.2 per unit of par value of Rs 100 has been announced and has so far given a year to date return of 6.3 percent. On the Islamic side a payout of Rs 1.65 per unit of par value Rs 100 has been announced from UBL Islamic Savings Fund (UISF). This is a Shariah-compliant scheme that aims at offering competitive returns with no holding period requirement. The scheme has given a year to date return of 11.47 percent p.a.-PR