KARACHI – 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 a bonus distribution of Rs 0.51 per unit. An investor holding 100 units, as of March 25, 2011, will get 0.9965 units on the ex-bonus price of Rs 51.18 per unit, the proportionate will apply to actual holdings.
The highest rated Money Market Fund, Pakistan Cash Management Fund (PCF) has announced a bonus distribution of Rs 0.42 per unit. An investor holding 100 units, as of March 25, 2011 will get 0.8326 units on the ex-bonus price of Rs 50.4461 per unit, the proportionate will apply to actual holdings. Entitlements are paid to unit holders, whose names appeared on March 25, 2011.
