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Karachi, The Investment Committee of Atlas Asset Management Limited (AAML), managing the Atlas Money Market Fund (AMF) and Atlas Islamic Money Market Fund (AIMF), approved interim distributions during their meeting on June 25, 2024.
In the decision taken by the committee, under authority from AAML’s Board of Directors, the distributions were set for AMF and AIMF. The Atlas Money Market Fund will distribute Rs. 9.1450 per unit, equating to 1.83% of the par value, while the Atlas Islamic Money Market Fund will distribute Rs. 8.7910 per unit or 1.76% of par value. According to information available from the Pakistan Stock Exchange (PSX), the entitlements will be allocated to the unit holders listed in the funds’ register at the close of business on June 24, 2024.
These distributions reflect the management’s commitment to delivering value to its investors. Unit holders are advised to contact their certificate holders on the exchange for further information regarding their entitlements.