JS Cash Fund, the money market fund offered by JS Investments Limited, has been declared as a margin eligible security acceptable by Karachi Stock Exchange (KSE) as collateral for all markets, with effect from August 15, 2011. Units of JS Cash Fund are CDC eligible.
JS Cash Fund was launched on March 29, 2010. The fund announced a return of 12.01% and distributed a total payout of Rs 11 per unit in the Financial Year 2011, which includes interim and final payouts.-PR