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Karachi, Atlas Asset Management Limited (AAML), the management company overseeing multiple investment funds, has announced the approval of interim distributions by its Investment Committee. The decision was made during a meeting held on September 22, 2023, in Karachi, and it impacts several funds under AAML’s management.
The approved interim distributions for the respective funds are as follows:
Atlas Money Market Fund: An interim distribution of Rs. 8.4057 per unit, equivalent to 1.68% of the par value.
Atlas Sovereign Fund: No interim distribution has been approved for this fund.
Atlas Income Fund: No interim distribution has been approved for this fund.
Atlas Islamic Money Market Fund: An interim distribution of Rs. 7.8681 per unit, equivalent to 1.57% of the par value.
Atlas Islamic Income Fund: No interim distribution has been approved for this fund.
The distribution will be made to unit holders whose names appeared in the register of unit holders of the Funds under management at the close of the business day on September 21, 2023.
These interim distributions reflect AAML’s commitment to providing value to its unit holders and investors. Shareholders and unit holders are encouraged to review their records to ensure eligibility for the distribution, and they may contact AAML for any further information or inquiries regarding these distributions.
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