Asset Management MCB declares dividend, bonus

KARACHI: The board of directors of MCB Asset Management Company Limited has declared bonus units and cash dividend for unit holders of MCB Dynamic Cash Fund (MCB DCF) and MCB Cash Management Optimiser (MCB CMOP), says a press release.

MCB DCF will pay out cash dividend on the basis of net asset value of the fund as at April 26, 2011 at the rate of Rs3.4 per unit.

The board also approved bonus on growth and income units at the rate of 3.4 per cent on the face value of Rs100 (Rs3.4 per unit). MCB CMOP will pay out cash dividend on the basis

of net asset value of the fund as at April 26, 2011 at the rate of Rs2.87 per unit. The board also approved
bonus on growth and income units at the rate
of 2.87 on the face value of Rs100 (Rs2.87 per unit).

Published in The Express Tribune, May 11^th, 2011.