MCBIM-FUNDS

⚡ Flash Summary

MCB Investment Management Limited, the management company of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has approved a daily dividend distribution of Re. 0.0241 per unit for unit holders as of October 26, 2025. This dividend will be paid to unit holders whose names appeared in the unit holder register at the close of business on that date. This payout signifies a return of capital to investors in the fund. The announcement was made on October 27, 2025.

📌 Key Takeaways

• 📅 Announcement date: October 27, 2025
• 💰 Dividend distribution for: October 26, 2025
• 🏢 Fund name: ALHAMRA DAILY DIVIDEND FUND (ALHDDF)
• 🏦 Management company: MCB Investment Management Limited
• 💵 Dividend per unit: Re. 0.0241
• 🤝 Eligible unit holders: Those registered as of October 26, 2025
• ✅ Approved by: Board of Directors
• 📜 Document type: Official dividend announcement
• 👤 Company Secretary: Muhammad Rehan Khan
• 🌐 MCB Funds URL: www.mcbfunds.com
• 📧 MCB Funds Email: info@mcbfunds.com
• 📍 Head Office: Karachi, Pakistan

🎯 Investment Thesis

HOLD. The announcement is simply a declaration of a daily dividend distribution. A more comprehensive assessment of the fund’s performance, expense ratios, and underlying portfolio composition would be necessary to make a BUY or SELL recommendation. The fund appears to be operating as expected with its daily dividend payout.

⚡ Flash Summary

MCB Investment Management Limited has announced a daily dividend distribution of Re. 0.0118 per unit for the Pakistan Cash Management Fund (PCF) to unit holders registered as of October 26, 2025. This payout has been approved by the Board of Directors. The announcement was made on October 27, 2025, indicating the distribution is imminent. This daily dividend distribution provides a regular income stream for the fund’s investors, reflecting the fund’s investment strategy focused on cash management.

📌 Key Takeaways

• 💰 Daily dividend distribution announced for Pakistan Cash Management Fund (PCF).
• 📅 Distribution date: October 26, 2025.
• 💸 Dividend amount: Re. 0.0118 per unit.
• ✅ Approved by the Board of Directors.
• 🏦 Management company: MCB Investment Management Limited.
• 📜 Formal announcement made on October 27, 2025.
• 👤 Dividend to be paid to registered unit holders.
• 📑 Unit holder register closing date: October 26, 2025.
• 📢 Announcement made to Pakistan Stock Exchange Limited.
• 🏢 Company Secretary: Muhammad Rehan Khan.
• 📄 System-generated document without signature required.

🎯 Investment Thesis

HOLD. Given the limited information, I recommend a HOLD position. The dividend distribution is positive for unit holders, but a comprehensive view of the fund’s performance, risk profile, and total return is necessary before making a BUY or SELL decision. More financial data and fund composition details are needed.

⚡ Flash Summary

MCB Investment Management Limited, the management company of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has announced a daily dividend distribution of Re. 0.0247 per unit for the unit holders as of October 27, 2025. This payout is approved by the Board of Directors. The dividend will be paid to unit holders whose names appeared in the unit holder register at the close of October 27, 2025. This announcement provides information to investors about the income they will receive from their investment in the fund.

📌 Key Takeaways

• 💰 ALHDDF announces daily dividend distribution.
• 📅 Distribution date: October 27, 2025.
• 💵 Dividend amount: Re. 0.0247 per unit.
• 🏢 Managed by MCB Investment Management Limited.
• ✅ Approved by the Board of Directors.
• 📜 Eligibility: Unit holders registered as of October 27, 2025.
• 📊 This dividend impacts unit holders’ returns.
• 🗓️ Announcement date: 28-OCT-2025.
• 💼 Muhammad Rehan Khan, Company Secretary, authorized the announcement.
• 🌐 MCB Funds URL: www.mcbfunds.com

🎯 Investment Thesis

HOLD. Given the limited information, a HOLD recommendation is appropriate. The dividend announcement is positive, but further analysis is needed to evaluate the fund’s performance and sustainability of the dividend payouts. The analysis would need to include a comparison against similar funds and an assessment of the fund’s overall strategy and risk profile. A more informed recommendation can be made with access to historical performance data and fund financials.

⚡ Flash Summary

ALHAMRA Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0257 per unit for October 27, 2025. This dividend will be paid to unit holders whose names were registered as of the close of business on the specified date. The announcement was made on October 28, 2025, by the Company Secretary, Muhammad Rehan Khan. This payout represents a distribution of earnings from the fund to its investors.

📌 Key Takeaways

• 💰 ALHIMMF announces daily dividend distribution.
• 🗓️ Dividend declared for October 27, 2025.
• 💸 Dividend amount: Re. 0.0257 per unit.
• 🏢 Managed by MCB Investment Management Limited.
• 📜 Approved by the Board of Directors.
• ✅ Eligibility: Unit holders registered by close of 27-OCT-25.
• 📢 Announcement date: 28-OCT-2025.
• 👤 Muhammad Rehan Khan, Company Secretary, issued the notice.
• 🏦 Fund type: Islamic Money Market Fund.
• 🎯 Focus: Daily dividend distribution.

🎯 Investment Thesis

HOLD. Based solely on the dividend distribution announcement, a HOLD recommendation is appropriate. The dividend of Re. 0.0257 per unit is a positive sign but insufficient to form a complete investment thesis. Further analysis of the fund’s performance, expense ratio, and risk profile is needed. Price target cannot be determined without additional data. Time horizon: Undetermined, pending further analysis.

⚡ Flash Summary

MCB Investment Management Limited, the management company of Pakistan Cash Management Fund (PCF), has announced a daily dividend distribution of Re. 0.0124 per unit for the period ending October 28, 2025. This dividend will be paid to unit holders whose names appear in the unit holder register at the close of business on that date. The announcement was made on October 29, 2025, by Muhammad Rehan Khan, Company Secretary. This distribution reflects the fund’s ongoing effort to provide returns to its investors.

📌 Key Takeaways

• 💰 Daily dividend distribution announced for Pakistan Cash Management Fund (PCF).
• 📅 Distribution date: October 28, 2025.
• 💵 Dividend amount: Re. 0.0124 per unit.
• 🏦 Management company: MCB Investment Management Limited.
• ✅ Approved by the Board of Directors.
• 📜 Announcement date: October 29, 2025.
• 👤 Company Secretary: Muhammad Rehan Khan.
• 🏢 Addressed to: Pakistan Stock Exchange Limited.
• 📍 Location: Karachi.
• 📑 This is a system-generated document.

🎯 Investment Thesis

HOLD. Given the limited information, particularly the lack of historical distribution data and fund performance metrics, a hold recommendation is appropriate. The daily dividend of Re. 0.0124 per unit is a positive sign, but more comprehensive analysis is needed to determine if the fund is an attractive investment compared to its peers. Further information would be required to derive a price target.

⚡ Flash Summary

ALHAMRA Daily Dividend Fund (ALHDDF) announced a daily dividend distribution of Re. 0.0245 per unit for October 28, 2025. This payout is approved by the Chief Executive Officer of MCB Investment Management Limited on behalf of the Board of Directors. The dividend will be paid to unit holders whose names appear in the unit holder register at the close of business on the specified date. This distribution aims to provide regular income to the fund’s unit holders.

📌 Key Takeaways

• 📅 Dividend distribution announced for October 28, 2025.
• 💰 Dividend amount: Re. 0.0245 per unit.
• ✅ Approved by MCB Investment Management Limited.
• 🏢 Management company: MCB Investment Management Limited.
• 📜 Fund name: ALHAMRA Daily Dividend Fund (ALHDDF).
• 🏦 Eligible recipients: Unit holders registered as of the close of 28-OCT-25.
• 👍 Focus: Providing regular income to unit holders.
• 🗓️ Announcement date: 29-OCT-2025.
• 🏢 Announcement recipient: Pakistan Stock Exchange Limited.
• ✉️ Sender: Muhammad Rehan Khan, Company Secretary.
• 📄 Document: System-generated, no signature required.

🎯 Investment Thesis

HOLD. The announcement of a daily dividend payout is a positive signal for income-seeking investors. However, without deeper insight into the fund’s performance, asset allocation, and risk profile, a HOLD recommendation is appropriate. A reassessment should be made once further financials are available. Price target cannot be defined without additional data.

⚡ Flash Summary

MCB Pakistan Sovereign Fund’s report for the quarter ended September 30, 2025, indicates a mixed performance amid evolving economic conditions. The fund generated an annualized return of 9.44%, lagging behind its benchmark return of 10.65%. Net assets increased significantly by 30.76% to Rs. 37,677 million compared to the previous quarter. The NAV per unit rose to Rs. 56.34, showing a modest increase of Rs. 1.31 per unit. The fund maintains a substantial cash exposure of 17.7%.

📌 Key Takeaways

• 📈 Fund’s net assets increased by 30.76% to Rs. 37,677 million.
• 📊 NAV per unit increased by Rs. 1.31 to Rs. 56.34.
• 📉 Annualized return of 9.44% underperformed against a benchmark return of 10.65%.
• 💰 Cash exposure at period-end was 17.7%.
• 🌐 Pakistan’s revised GDP growth clocked at 3.0% in FY25.
• 📌 CPI averaged 4.2% during 1QFY26 compared to 9.2% in the corresponding period last year.
• 💸 FBR tax collection increased by 12.8% in 1QFY26 to PKR 2,885 billion, missing the target by PKR 198 billion.
• ⚠️ Country posted a current account deficit of USD 624 million in the first two months of fiscal year 2026.
• 💹 Remittances inflows grew at a healthy rate of 7.0% to USD 6.4 billion.
• 🔒 SBP’s foreign exchange reserves remained stable around USD 14.4 billion.
• 🇵🇰 USD/PKR appreciated by 0.9% to 281.3 during the fiscal year.
• 📉 The SBP has decreased interest rates by a cumulative 1,100bps since June-24, declining to 11.0% from 22.0%.
• 🔮 GDP growth is expected to clock at 3.5% in FY26, with agriculture at 2.8%.
• 🎯 Fiscal deficit is expected to clock in at 4.0% in FY26, the lowest since FY2006.
• 🏦 Open-end mutual funds industry increased by about 10.3% during 1QFY26 to PKR 4,065 billion.

🎯 Investment Thesis

Given the mixed performance, specifically, asset appreciation is positive, but failing to meet the benchmark is concerning. I would advise a HOLD position for MCBIM-FUNDS while monitoring the fund’s ability to increase returns. The price target is cautiously set at Rs. 57.00 based on a modest expected growth in NAV over the next quarter. Improved investment strategies are required to meet targets. This is a HOLD until improvements are seen.