UBL Fund Managers Limited, one of the leading asset management company in Pakistan, announced second interim payout from its money market scheme, UBL Liquidity Plus Fund (ULPF) for the period ended December 29, 2010. A payout of Rs 2.75 per unit of par value of Rs 100 from ULPF has been announced.
Unit Holders holding 100 units as at December 29, 2010 will get 2.7455 units on the ex-dividend price of Rs 100.1644 per unit. This is the second interim payout announced from the fund for the financial year 2010-2011. ULPF is an open-end money market scheme that offers an ideal short-term avenue for placement of cash. The fund has yielded a return of 11.30 percent p.a. for the period ended December 29, 2010. ULPF is currently the largest open-end money market scheme in Pakistan.-PR
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