Atlas Asset Management Limited Considers Interim Distributions Across Nine Funds

Karachi, A significant meeting is currently underway involving the Investment Committee (IC) of Atlas Asset Management Limited (AAML). The session, initiated at 03:30 p.m. on June 28, 2024, is set to determine the potential interim distribution for a series of funds managed by the company.

The discussion encompasses potential distributions for the Atlas Money Market Fund (AMF), Atlas Sovereign Fund (ASF), Atlas Income Fund (AIF), Atlas Stock Market Fund (ASMF), Atlas Islamic Money Market Fund (AIMF), Atlas Islamic Income Fund (AIIF), Atlas Islamic Stock Fund (AISF), Atlas Islamic Fund of Funds (AIFOF), and Atlas Islamic Dedicated Stock Fund (AIDSF). These decisions are taken under the authority granted by the Board of Directors of AAML.

According to information available from the Pakistan Stock Exchange (PSX), unit holders registered by the close of business on June 27, 2024, will be eligible for any approved distributions. This entitlement is set by the terms outlined by the IC on behalf of the Board.

Additionally, stakeholders within the Pakistan Stock Exchange, including TRE Certificate Holders, have been directed to be informed about the proceedings and potential outcomes of this critical financial meeting.