KARACHI – The board of directors of JS Investments Limited (JSIL), the Management Company of JS Income Fund (JS IF) and JS Cash Fund (JS CF), approved interim dividends for JS IF and JS CF for the third quarter of FY 2011, ended March 31, 2011.
A pay out of Rs 2.00 per unit was approved for the Unit Holders of JS IF, which takes the total payout for the current fiscal year to Rs 6.00 per unit, while an interim payout of Rs 2.50 per unit was approved for the Unit Holders of JS CF, which takes the total payout for the current fiscal year to Rs 6.50 per unit.
Unit HOLDERS who have opted for cash payout will receive cash payment while Unit Holders who have opted for bonus units were allocated units at the ex-net asset value at the close of business on March 26, 2011. The above entitlement will be paid to the Unit holders, whose names appeared in the register of Unit Holders at the close of business on March 26, 2011.
