JS Investments announces total payout of over Rs1.2b in Open End Funds

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JS Investments Limited (JSIL) has announced a total payout for FY11 (as on June 30, 2011) of Rs1,272.8 million in selected open-end funds managed by the company. The payout in Open End Funds includes final payouts of Rs1,087.2 million and interim dividend payouts announced during the year are Rs185.7 million.
This payout is in addition to the interim distribution of Rs273.6 million announced earlier this year in closed-end funds managed by JS Investments.
This was announced by the Board of Directors of JSIL, at a meeting held in Karachi today, where financial results for Open End Funds under its management for the financial year ended June 30, 2011, were announced, and the final distribution to the Unit Holders of selected funds was approved.