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United Bank Fund Managers Limited approves interim payouts - Press Release issued by UBL Fund Managers Limited

May 30, 2014



Following is the text of press release issued by UBL Fund Managers Limited

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We are pleased to announce that the Chief Executive under the authority granted by the Board of Directors of UBL Fund Managers Limited, the Management Company, has approved the following interim payouts from UBL Liquidity Plus Fund (ULPF), UBL Government Securities Fund (UGSF), UBL Money Market Fund (UMMF) [formerly UBL Savings Income Fund (USIF)], UBL Financial Sector Bond Fund (UFBF), United Growth and Income Fund (UGIF), UBL Gold Fund (UGF), UBL Asset Allocation Fund (UAAF), UBL Stock Advantage Fund (USF), UBL Principal Protected Fund-II (UPPF-II), UBL Principal Protected Fund-III (UPPF-III), Al-Ameen Islamic Sovereign Fund (AISF) [formerly UBL Islamic Sovereign Fund (UISF)], Al-Ameen Islamic Cash Fund (AICF) [formerly UBL Islamic Cash Fund (UICF)], less than strong greater than Al-Ameen Shariah Stock Fund (ASSF) [formerly UBL Shariah Stock Fund (USSF)], Al-Ameen Islamic Income Fund (AIIF) [formerly United Islamic Income Fund (UIIF)], Al-Ameen Islamic Asset Allocation Fund (AIAAF) [formerly UBL Islamic Asset Allocation Fund (UIAAF)], Al-Ameen Islamic Principal Preservation Fund-I (AIPPF-I) [formerly UBL Islamic Principal Preservation Fund-I (UIPPF-I)] and Al-Ameen Islamic Principal Preservation Fund-II (AIPPF-II) [formerly UBL Islamic Principal Preservation Fund-II (UIPPF-II)], [collectively "the Funds"] for the period ended May 27, 2014 as given below.

Fund Payout (PKR/Unit)

ULPF Interim payout of 0.61% on opening NAV on 29 April, 2014

which translates into Rs. 0.61 per unit.

UGSF Interim payout of 0.74% on opening NAV on 29 April, 2014

which translates into Rs. 0.75 per unit.

UMMF Interim payout of 0.55% on opening NAV on 29 April, 2014

which translates into Rs. 0.55 per unit.

UFBF NIL distribution.

UGIF NIL distribution.

UGF NIL distribution.

UAAF NIL distribution.

USF Interim payout of 18.79% on opening NAV on 30 June 2013

which translates into Rs. 8.32 per unit.

UPPF-II Interim payout of 5.71% on opening NAV on 23 July 2013

which translates into Rs. 5.71 per unit.

UPPF-III NIL distribution.

AICF Interim payout of 0.38% on opening NAV on 29 April, 2014

which translates into Rs. 0.38 per unit.

AISF Interim payout of 0.36% on opening NAV on 29 April, 2014

which translates into Rs. 0.37 per unit.

AIIF Interim payout of 8.67% on opening NAV on 30 June 2013

which translates into Rs. 8.32 per unit.

AIAAF NIL distribution.

ASSF Interim payout of 20.99% on opening NAV on 30 June 2013

which translates into Rs. 18.90 per unit.

AIPPF-I Interim payout of 10.50% on opening NAV on 30 June 2013

which translates into Rs. 10.89 per unit.

AIPPF-II Interim payout of 5.81% on opening NAV on 7 Nov 2013

which translates into Rs. 5.81 per unit.

UBL Liquidity Plus Fund (ULPF) - An investor holding 100 units at the close of business as on May 27, 2014 will get 0.6061 units on ex-dividend NAV of Rs. 100.6433 per unit, the proportionate will apply to actual holdings.

UBL Government Securities Fund (UGSF) - An investor holding 100 units at the close of business as on May 27, 2014 will get 0.7447 units on ex-dividend NAV of Rs. 100.7069 per unit, the proportionate will apply to actual holdings.

UBL Money Market Fund (UMMF) [Formerly UBL Savings Income Fund (USIF)] - An investor holding 100 units at the close of business as on May 27, 2014 will get 0.5448 units on ex-dividend NAV of Rs. 100.9501 per unit, the proportionate will apply to actual holdings.

UBL Financial Sector Bond Fund (UFBF) - NIL distribution.

United Growth and Income Fund (UGIF) - NIL distribution.

UBL Gold Fund (UGF) - NIL distribution.

UBL Asset Allocation Fund (UAAF) - NIL distribution.

UBL Stock Advantage Fund (USF) - An investor holding 100 units at the close of business as on May 27, 2014 will get 16.7573 units on ex-dividend NAV of Rs. 49.6500 per unit, the proportionate will apply to actual holdings.

UBL Principal Protected Fund-II (UPPF-II) - An investor holding 100 units at the close of business as on May 27, 2014 will get 5.3042 units on ex-dividend NAV of Rs. 107.65 per unit, the proportionate will apply to actual holdings.

UBL Principal Protected Fund-III (UPPF-III) - NIL distribution.

Al-Ameen Islamic Sovereign Fund (AISF) [formerly UBL Islamic Sovereign Fund (UISF)] - An investor holding 100 units at the close of business as on May 27, 2014 will get 0.3633 units on ex-dividend NAV of Rs. 101.8347 per unit, the proportionate will apply to actual holdings.

Al-Ameen Islamic Cash Fund (AICF) [formerly UBL Islamic Cash Fund (UICF)] - An investor holding 100 units at the close of business as on May 27, 2014 will get 0.3770 units on ex-dividend NAV of Rs. 100.7985 per unit, the proportionate will apply to actual holdings.

Al-Ameen Shariah Stock Fund (ASSF) [formerly UBL Shariah Stock Fund (USSF)] - An investor holding 100 units at the close of business as on May 27, 2014 will get 19.0813 units on ex-dividend NAV of Rs. 99.050 per unit, the proportionate will apply to actual holdings.

Al-Ameen Islamic Income Fund (AIIF) [formerly United Islamic Income Fund (UIIF)] - An investor holding 100 units at the close of business as on May 27, 2014 will get 8.5133 units on ex-dividend NAV of Rs. 97.73 per unit, the proportionate will apply to actual holdings.

Al-Ameen Islamic Asset Allocation Fund (AIAAF) [formerly UBL Islamic Asset Allocation Fund (UIAAF)] - NIL distribution.

Al-Ameen Islamic Principal Preservation Fund-I (AIPPF-I) [formerly UBL Islamic Principal Preservation Fund-I (UIPPF-I)] - An investor holding 100 units at the close of business as on May 27, 2014 will get 9.5795 units on ex-dividend NAV of Rs. 113.68 per unit, the proportionate will apply to actual holdings.

Al-Ameen Islamic Principal Preservation Fund-II (AIPPF-II) [formerly UBL Islamic Principal Preservation Fund-II (UIPPF-II)] - An investor holding 100 units at the close of business as on May 27, 2014 will get 5.4574 units on ex-dividend NAV of Rs. 106.4600 per unit, the proportionate will apply to actual holdings.

Unit Holders who have opted for cash payout will receive cash dividend after deduction of applicable taxes.

The above entitlement will be credited / paid to Unit Holders whose names appeared in the register of Unit Holders at the close of business on May 27, 2014.

Please note that the bonus units may reflect in your account statements by today i.e. May 28, 2014.

For more information, contact:

Raeda Latif

Head of Marketing and Alternative Distribution Channels

UBL Fund Managers Limited

4th Floor, STSM Building,

Beaumont Road,

Karachi

Tell: (+92-21) 111-825-262 Ext 161

Fax: (+92-21) 35622793

Cell: (+92) 300-8251222

Email: rlatif@ublfunds.com

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Source: Pakistan Press International


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