PAKISTAN: UBL Fund Managers, a subsidiary of United Bank, has announced payouts from its open-ended funds for the period ended the 30th June 2011.
Its United Composite Islamic Fund announced a final payout of 20.63 units for every 100 units held, giving an absolute return of 26.41%, while the United Islamic Income Fund announced a final payout of 7.52 units for every 100 units held.