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Karachi, Atlas Asset Management Limited (AAML) has declared interim distributions for several of its funds in its recent Investment Committee meeting. The meeting, held on August 25, 2023, in Karachi, saw the approval of distribution percentages for selected funds managed by AAML.
According to the announcement, the approved interim distribution for the period includes the following funds:
Atlas Money Market Fund: An interim distribution of Rs. 10.4254 per unit, accounting for 2.09% of the par value.
Atlas Sovereign Fund: No interim distribution has been declared for this fund.
Atlas Income Fund: No interim distribution has been declared for this fund.
Atlas Islamic Money Market Fund: An interim distribution of Rs. 9.5816 per unit, representing 1.92% of the par value.
Atlas Islamic Income Fund: No interim distribution has been declared for this fund.
The announced entitlements will be disbursed to unit holders whose names were listed in the register of unit holders of the respective funds at the close of business on August 24, 2023.
This decision reflects the AAML’s commitment to providing value and returns to its unit holders in line with the performance of the funds managed by the company.
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