KARACHI – JS Investments Limited (JSIL) has announced a total payout of Rs 722.940 million in selected open-end funds managed by the company for Financial Year 2012, which was approved by the Board of Directors of JSIL. Rs 2.50 was announced for JS Cash Fund, the money market fund offered by JS Investments, taking the total distribution for FY12 to Rs. 10.50 per unit, with an annualized return of 11.62pc. For JS Income Fund a dividend of Rs 2.25 per unit was announced, taking the total distribution for FY12 to Rs 10.25 per unit, with an annualised return of 13.07pc. A distribution of Rs 20.25 per unit was announced for JS Fund of Funds, while a distribution of Rs 12.60 per unit was announced for Unit Trust of Pakistan. A distribution of Rs 6.60 per unit, with an annualized return of 26.16% was announced for JS Aggressive Income Fund, while for JS KSE-30 Index Fund, an annual return of 7.75pc with a dividend of Rs 14.50 per unit was announced.
For JS Aggressive Asset Allocation Fund, a dividend of Rs. 14 per unit taking the annualized return of 11.68% which was approved by the Board of Directors.