The Board of Directors of JS Investments Limited (formerly JS ABAMCO Limited), the Management Company of JS Income Fund (formerly UTP Income Fund) and JS Aggressive Income Fund, in their meeting held on March 27, 2008 in Karachi have approved the following interim dividends for JS Income Fund and JS Aggressive Income Fund:
JS Income Fund – Rs. 6.70 (6.7%) per unit of par value of Rs. 100/-
JS Aggressive Income Fund – Rs. 2.40 (2.4%) per unit of par value of Rs. 100/-
Unit holders who have opted for cash payout will receive cash payment while Unit Holders who have opted for bonus units will be allocated units at the net asset value at the close of business on March 31st, 2008.
The above entitlement will be paid to the Unit Holders, whose names appear in the register of Unit Holders at the close of business on March 31, 2008.
Founded in 1995, JS Investments Limited is the largest and oldest private sector asset management company in Pakistan with over Rs. 40 billion assets under management, spread across various mutual funds, pension schemes, and separately managed accounts. JS Investments is to date the only asset manager in Pakistan with a rating of AM2+ and credit rating of AA- / A1+ (long / short term) awarded by the Pakistan Credit Rating Agency. The company is listed on the Karachi Stock Exchange and has a market capitalization of over PKR 10 billion as of March 18, 2008. JS Investments is part of JS Group, one of the leading financial service groups of Pakistan.
