⚡ Flash Summary
ALHAMRA Islamic Money Market Fund (ALHIMMF) announced a daily dividend distribution of Re. 0.0249 per unit for December 4, 2025. This payout is for unit holders whose names appeared in the unit holder register at the close of business on that date. The announcement was made by MCB Investment Management Limited, the management company of ALHIMMF, on behalf of its Board of Directors. The communication was sent to the Pakistan Stock Exchange Limited to inform investors of this distribution.
📌 Key Takeaways
- 📅 Announcement Date: December 5, 2025.
- 💰 Dividend Distribution: Re. 0.0249 per unit.
- 🗓️ Record Date: December 4, 2025.
- 🏢 Fund Name: ALHAMRA Islamic Money Market Fund (ALHIMMF).
- 🏦 Management Company: MCB Investment Management Limited.
- 📜 Announcement Type: Daily Dividend Distribution.
- ✅ Approved By: Board of Directors of MCB Investment Management Limited.
- 🇵🇰 Regulatory Body: Pakistan Stock Exchange Limited (informed).
- 📜 Document Type: System-generated document (no signature required).
- 🌐 URL: www.mcbfunds.com for more information.
- 📧 Email: info@mcbfunds.com for inquiries.
🎯 Investment Thesis
Given the announcement’s limited scope, and no clear insight in the fund’s full performance and composition, a HOLD recommendation is most appropriate. The dividend distribution suggests a steady income stream but more analysis on fund performance is required. A price target cannot be accurately determined based on this information alone. A time horizon of medium term is reasonable to assess the fund’s performance stability.
Disclaimer: AI-generated analysis. Not financial advice.