PAKISTAN: JS Investments has approved the final distribution bonuses for its funds for the financial year ended on the 30th June 2011.
The board of directors announced a final distribution of PKR42.1 (US$0.49) per unit to the unit holders of its open-ended JS Islamic Fund.
The payout for its all its open-ended funds — conventional and Islamic — was PKR1.08 billion (US$12.57 million) in final payouts as well as PKR185.7 million (US$2.16 million) in interim dividend payouts. These payouts are in addition to its PKR273.6 million (US$3.18 million)-worth of interim distributions in closed-ended funds, announced earlier this year.