KARACHI – UBL Chief Executive has announced an interim payout for the period ended December 22, 2011 from UBL Liquidity Plus Fund (ULPF) & UBL Government Securities Fund (UGSF), says a press release

The following interim payouts have been announced: UBL Liquidity Plus Fund (ULPF) Rs. 2.71 per unit of par value of Rs. 100. Unit holders holding 100 units as at December 22, 2011 will get 2.7017 units on the ex-dividend price of Rs. 100.3057 per unit.  Unit Holders who have opted for cash payout will receive cash dividend, net of applicable taxes. ULPF is a money market fund that offers an ideal short-term avenue for placement of cash. The Fund yielded a return of 11.35% p.a. since inception.

A payout of Rs. 3.27 per unit of par value of Rs. 100 was announced for UBL Government Securities Fund (UGSF). Unit holders holding 100 units as at December 22, 2011 will get 3.2617 units on the ex-dividend price of Rs. 100.2536 per unit. Unit Holders who have opted for cash payout will receive cash dividend, net of applicable taxes. UGSF is an income fund which provides short to medium-term growth in savings. The Fund yielded a year to date return of 14.53% p.a.