Karachi, Atlas Asset Management Limited informed Pakistan Stock Exchange that a meeting of the Investment Committee (IC) of Atlas Asset Management Limited (AAML), the Management Company of Atlas Islamic Fund of Funds (AIFOF), under the authority delegated by the Board of Directors of AAML, will be held on June 29, 2021 at 12:00 p.m. to consider and approve the interim distribution, if any, of AIFOF, on behalf of the Board of Directors. Unit Holders whose names appear in the Register of Unit holders as at the close of business on June 28, 2021 will be entitled to distribution, if any, as approved by the IC on behalf of the Board.
Atlas Asset Management Limited (AAML), an Atlas Group Company, was incorporated on 20 August 2002 as an unlisted public limited company and is registered with the Securities and Exchange Commission of Pakistan as an asset management company for managing open-ended funds and closed-end funds. AAML is also a licensed pension fund manager to manage voluntary pension funds.
AAML is a wholly owned subsidiary of Shirazi Investments (Pvt.) Limited (SIL). As the parent company, SIL sponsors Atlas Group projects. Atlas group is a diversified group dealing in engineering, financial services, real estate & trading.