KARACHI, July 15: Arif Habib Investment Management Limited and Central Depository Company have signed a trust deed of an open-end income fund “Pakistan Income Enhancement Fund” which will be offered to investors next month.

The fund aims to provide investors with superior returns as compared to traditional income funds. The fund would primarily invest in debt and fixed income products, structured products, options and derivatives to enhance the returns of the fund.

The fund will distribute monthly dividends to its investors, who can open their account with a minimum investment of Rs5,000 and can invest further at their convenience with an additional investment of Rs5,000, says a press release.