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Karachi, Atlas Asset Management Limited has announced the approval of a distribution for Atlas Liquid Fund (ALF) by the management company and investment committee, authorized by the Board of Directors.
Under the approved distribution, unit holders of Atlas Liquid Fund will receive a payout of Rs. 0.8618 per unit, equivalent to 0.1724% of the fund’s par value. This distribution will be provided to unit holders whose names appeared in the register of unit holders as of the close of the business day on July 14, 2023.
Atlas Liquid Fund, managed by Atlas Asset Management, aims to provide investors with attractive returns and liquidity. The fund focuses on maintaining a diversified portfolio of short-term money market instruments and high-quality debt securities.
The approved distribution demonstrates the company’s commitment to delivering consistent returns and rewarding its unit holders. Unit holders eligible for the distribution can expect to receive their entitlement based on their holdings and the approved distribution rate.
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