Atlas Asset Management Limited Considers Interim Distribution for Multiple Funds

Karachi, Atlas Asset Management Limited (AAML) announced a scheduled meeting of its Investment Committee (IC) to deliberate on possible interim distributions for its multiple funds. The meeting, as authorized by AAML’s Board of Directors, will focus on Atlas Money Market Fund (AMF), Atlas Sovereign Fund (ASF), Atlas Income Fund (AIF), Atlas Islamic Money Market Fund (AIMF), and Atlas Islamic Income Fund (AIIF). It will take place on May 24, 2024, at 3:15 p.m.

According to information available from the Pakistan Stock Exchange (PSX), the Investment Committee will make decisions regarding distributions, which will affect unit holders listed in the Register as of May 23, 2024. Those unit holders will be eligible for any approved distributions.

This meeting underscores the management company’s routine assessment of fund performances and its commitment to uphold unit holder interests. AAML has advised the TRE Certificate Holders of the Exchange about this upcoming meeting and its implications for investors.