JS Investments, the Management Company of JS Capital Protected Fund IV (JS CPF IV), has approved a stock dividend of Rs 10.90 per unit. This was approved by the Chief Executive on behalf of the Board of Directors of the company.
An investor holding 100 units as of May 26, 2011 will get 10.5609 units on ex-bonus price of Rs.103.21 per unit; the proportionate will apply to actual holdings. Unit holders, whose names appeared in the register of unit holders on May 26 2011, will be entitled to the above distribution.
JS CPF IV will be successfully completing its tenure of 3 years and 6 weeks, on May 30, 2011. This is the fourth fund to mature from the JS Investments capital protected fund series, after the successful maturity of JS Capital Protected Fund I, II & III. Currently the company is managing two more capital protected funds namely JS Principal Secure Fund I & II, which offer 100% capital protection to its investors.
