FBGF: FAML Board of Directors announced 20% interim dividend by Faysal Balanced Growth Fund.
Dated: April 4, 2006: FAML is also managing another fund namely Faysal Balanced Growth Fund, which has an approximate size of over Rs. 2.2 billion. The board of directors of Faysal Asset Management Limited declared 20% interim dividend as bonus units from distributable profits of “Faysal Balanced Growth Fund”. Mr. Salman Haider Sheikh, Chief Operating officer of FAML informed the members of the press community that FBGF is currently one of the best performing funds of the year adjusted to 70 percent maximum equity exposure limit of the fund. He also added that the fund has an annualized return of over 58% approximately as of April 3rd, 2006.